What is UOB's dividend policy?+
UOB is committed to enhancing total returns for our shareholders. The Group strives to strike a balance between rewarding our shareholders appropriately and maintaining enough resources to build a sustainable business. Since our public listing in 1970 and through all business cycles, we have consistently paid dividends to our shareholders.
UOB is committed to a dividend payout ratio of 50%, subject to a minimum Common Equity Tier 1 Capital Adequacy Ratio (“CAR”) of 13.5% and sustainable financial performance.
Where can I find information on dividends? How many times a year does UOB pay dividends?+
Information on dividends can be found on the Dividends page. Dividends are paid twice a year – an interim dividend in August/September, and the final dividend in May/June the next year.
How would I be informed of my dividend entitlements?+
Any declaration of dividends would be publicly announced via SGXNet. Please refer to the SGX Announcements page.
How can I compute my dividend entitlement?+
Please refer to the Investment Calculator page to estimate your dividend entitlement.
I did not receive my dividend cheque from UOB this year/over the last few years. How can I claim my dividends?+
If your shares are held through the Central Depository (Pte) Limited (CDP), please contact CDP at +65-6535 7511.
If you hold scrip-based shares (share certificates), please contact our registrar:
Boardroom Corporate & Advisory Services Pte. Ltd.
50 Raffles Place
#32-01 Singapore Land Tower
Tel: +65 6536 5355
Fax: +65 6438 8710
Does UOB carry out share buy-back?+
The Group has a Share Purchase Mandate which was first approved by shareholders on 29 April 2004. The Mandate is renewed by shareholders at the annual general meeting every year.
Does UOB have any Scrip Dividend Scheme or Share Investment Plan? Do I have any option of choosing between receiving my dividends in cash or shares? How are the scrip dividends computed?+
Yes, UOB has a scrip dividend scheme. A shareholder may choose whether to receive dividends in cash or shares. Please refer to the ‘Share Entitlement’ section of the UOB Scrip Dividend Scheme Statement on the Scrip Dividend page.
Does the Scrip Dividend Scheme apply to all dividends?+
The Scheme is not applied automatically to every dividend. The announcement relating to each dividend will state if the Scheme is applied to that dividend. Please refer to the SGX Announcements page or Dividends page for more information.
How is the issue price of a share under the Scrip Dividend Scheme determined?+
The price at which each new Share is to be issued (the “Issue Price”) will be set at the average of the last dealt prices of the Share during the price determination period (being the period commencing on the date on which the Shares are first traded on an ex-dividend basis and ending on the Record Date).
My shares are held through a depository agent/nominee. What should I do if I wish to participate in UOB’s Scrip Dividend Scheme?+
Please contact your depository agent or nominee if you wish to participate in UOB’s Scrip Dividend Scheme.
I am an overseas shareholder. Can I elect to take the scrip dividend?+
An overseas shareholder must provide a mailing address in Singapore by the pre-determined date to participate in the scheme. Please refer to the ‘Overseas Shareholders’ section of the UOB Scrip Dividend Scheme Statement on the Scrip Dividend page.
Is my dividend income taxable?+
Dividends are one-tier and tax-exempted. If in doubt, please refer to your financial or professional adviser.