Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
DBS GROUP HOLDINGS LTD
Security
DBS S$800M 4.7% NCPS - SG2C54964409 - MU7

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
27-Oct-2020 17:48:16
Status
New
Corporate Action Reference
SG201027DVCAEO4V
Submitted By (Co./ Ind. Name)
TEOH CHIA-YIN
Designation
GROUP SECRETARY
Dividend/ Distribution Number
Applicable
Value
20
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 2.38219
Dividend/ Distribution Period
22/05/2020 TO 22/11/2020
Number of Days
185

Event Narrative

Narrative Type
Narrative Text
Additional TextOn 29 Sep 2020, DBS Bank Ltd issued a Notice of Redemption stating that it has elected to redeem all outstanding preference shares on 23 Nov 2020. The dividend amount stated in this "Cash Dividend" announcement will be paid as part of the Redemption Price for each preference share. Please refer to the attached Notice of Redemption for more details.

Event Dates

Record Date and Time
12/11/2020 17:00:00
Ex Date
11/11/2020

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 2.38219
Net Rate (Per Share)
SGD 2.38219
Pay Date
23/11/2020
Gross Rate Status
Actual Rate

Attachments

DBS Preference Shares - Notice of Redemption_FINAL.pdf
Total size =13K

Applicable for REITs/ Business Trusts/ Stapled Securities