Singapore Banks - Dividend Machines by The Fifth Person

Q&A › Category: Dividend Stocks › Singapore Banks

LIHER URBIZU asked 10 months ago

Hello! I don't hold any Singapore Banks at the moment. I was thinking I should add them to my portfolio for the long term (10 years up). Do you feel that they are appropriately valued at the moment? Thank you Liher

1 Answers

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Victor Chng Staff answered 10 months ago

Hi Liher, Depending on which bank, the current valuation climate is slightly above fair to expensive value. In terms of book value, I don't think any one of them is cheap at the moment, but on the yield side, it is between 5-6%.

LIHER URBIZU replied 10 months ago

Thanks a lot, Victor, good context