Singapore companies are expected to deliver US$14.2 billion (S$20.1 billion) in dividends this year, down 4.5 per cent from the US$14.8 billion shelled out last year, a report noted yesterday.
It said the decline comes amid a stark outlook following the implementation of circuit breaker measures on April 7, which are projected to shrink gross domestic product by more than 4 per cent.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
