The MAS wants Singapore banks to cut their dividends. What does it mean for investors?, Money News
The MAS wants Singapore banks to cut their dividends. What does it mean for investors?, Money News,On July 29, 2020, the Monetary Authority of Singapore (MAS) released a statement recommending that Singapore banks (i.e. DBS, OCBC, and UOB ) cap their FY2020 dividend per share at 60 per cent of their