DBS Group (DBSDF) is a Singapore-based banking group offering a full range of services to consumers, small to midsize enterprises, and corporations and institutions.

DBS Group

Its main presence is in Singapore and Greater China. The recent acquisition of Lakshmi Vilas Bank has strengthened DBS' operations in India, and the acquisition of Citibank’s Taiwan operation should bring additional growth in Greater China.

DBS' wealth management division is one of the largest in Asia, with assets under management of SGD 291 billion as of the end of 2021.

The company was founded in 1968 and is headquartered in Singapore.

Three key data points gauge DBS Group Holdings Ltd or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.

DBSDF Price

Over the past year, DGSDF’s share price rose about 6% from $23.83 to $25.24 as of Monday’s market close.

If DBS Group Holdings stock trades in the range of $22.00 to $30.00 this next year, its recent $25.24 share price might rise to $26.50 by next year. Of course, DBSDF’s price could drop about the same $2.26 estimated amount, or more.

My upside estimate of $2.26, however, is $0.06 over the average annual price gain for DBSDF over the past ten years.

DBSDF Dividend

DBS Group Holdings has paid variable quarterly dividends since May 19, 2004. DBSDFs most recent Q dividend, paid March 30th to shareholders of record March 16th, was $0.36. Its estimated annual return of $1.42 casts a forward yield is 5.64% per Monday’s closing price.

DBSDF Returns

Adding the $1.42 anticipated annual dividend to DBS Group Holdings’s  estimated $1.26 possible price upside, reveals a $2.68 potential gross gain per share for the coming year.

At Friday’s $25.24 closing price, a little over $1000 would buy 40 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.25 per share.

Subtracting that maybe $0.25 brokerage cost from my estimated $2.68 gross gain per share makes a net gain of $2.43 X 40 shares = $97.20 or about a 9.7% net gain.

This may be the time to pounce on DBS Group Holdings shares. But beware, DBSDF is an established financial company doing business in a volatile environment. However, the recently estimated $56.40 dividend from $1000 invested comes in at about 2.25 times the recent $25.24 single share price. The choice is yours.

Remember the true value of any stock is best realized by your personal ownership of shares.

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