SINGAPORE: UBS Group AG and Citigroup Inc are at odds on how Singapore’s move to cap dividend payouts at the nation’s banks will play out for equity investors.
Citigroup said the move will be viewed negatively by investors as dividend yield is an important factor when considering buying bank stocks.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
