Singapore firms' dividends expected to fall 4.5%
Companies set to deliver $20.1b this year following circuit breaker measures: Report
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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.
ST PHOTO: KELVIN CHNG
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.
