Dividend Yield: 6%

Jardine Cycle & Carriage declared an interim dividend of US$0.28 per share, payable on 4 October 2024. Despite a volatile dividend history, the company's payouts are well-covered by earnings (payout ratio: 44.4%) and cash flows (cash payout ratio: 30.8%). Recent H1 2024 results showed a decline in sales to US$9.77 billion and net income to US$483.3 million compared to the previous year, reflecting potential challenges ahead for consistent dividend growth.

• Click here and access our complete dividend analysis report to understand the dynamics of Jardine Cycle & Carriage.

• Our valuation report unveils the possibility Jardine Cycle & Carriage's shares may be trading at a discount.

Oversea-Chinese Banking

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Oversea-Chinese Banking Corporation Limited, along with its subsidiaries, provides financial services across Singapore, Malaysia, Indonesia, Greater China, the rest of the Asia Pacific region and internationally; it has a market cap of SGD 62.17 billion.

Operations: Oversea-Chinese Banking Corporation Limited generates revenue primarily from Global Wholesale Banking (SGD 5.23 billion), Global Consumer/Private Banking (SGD 5.19 billion), Insurance (SGD 1.27 billion), and Global Markets (SGD 512 million).

Dividend Yield: 6.4%

Oversea-Chinese Banking Corporation's recent dividend increase to S$0.44 per share, payable on 23 August 2024, reflects strong earnings growth with H1 net income rising to S$3.93 billion from S$3.59 billion a year ago. The payout ratio of 52.8% ensures dividends are well-covered by earnings, though the dividend history has been volatile over the past decade. This stability in coverage indicates a sustainable but potentially inconsistent dividend outlook for investors.

• Dive into the specifics of Oversea-Chinese Banking here with our thorough dividend report.

• Our expertly prepared valuation report Oversea-Chinese Banking implies its share price may be lower than expected.

Next Steps

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SGX:AWZ SGX:C07 and SGX:O39.

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