Is the United Overseas Bank Dividend Safe?
United Overseas Bank has been increasing the dividend for 3 years.
Over the past 10 years, United Overseas Bank has increased it by an annual 18.222 %.
Over a five-year period, the distribution increased by 10.989%.
Analysts expect a Dividend Increase of 2.947% for the current fiscal year.
United Overseas Bank Aktienanalyse
What does United Overseas Bank do?
United Overseas Bank (UOB) Ltd is one of the leading banks in Asia and was founded in Singapore in 1935. The bank is a subsidiary of the United Overseas Bank Group, which has experienced impressive growth in recent years.
Business model:
UOB is a universal bank that offers various financial services, including deposits, loans, wealth management, investment banking, fund management, insurance, and payment and transaction services. The bank follows a diversified business model to minimize risk and increase its earnings. The customer is at the center of all activities.
Segments:
UOB operates in three main business segments: Global Consumer Financial Services, Global Corporate and Investment Banking, and Global Markets. The retail banking segment offers a wide range of financial products and services to individuals and small businesses, including mortgages, credit cards, deposits, and loans. The corporate banking segment targets medium-sized and large companies that require comprehensive financial and advisory services to run and expand their businesses.
Products:
UOB offers a variety of products and services, including:
- Personal loans: including personal loans, car loans, student loans, and mortgages.
- Deposits: savings accounts, fixed deposit accounts.
- Credit cards: a wide range of credit cards with various benefits and rewards.
- Wealth management: wealth advisory, portfolio management, and trust services.
- Fund management: fund investment and asset management for institutional investors and individuals.
- Investment banking: supporting companies in capital raising and carrying out mergers and acquisitions.
- Insurance: life, health, property, motor, and travel insurance.
- Payment and transaction services: bank guarantees, trade finance solutions, cash management services, and money transfers.
History:
UOB has a long history in Singapore and was one of the first banks to operate in the region. The bank was founded in 1935 by a group of Chinese businessmen to meet the need for credit for small businesses. In the 1950s, UOB expanded its business and began to expand into other Asian countries. In the 1970s, the bank started acquiring other banks and entered the deposits and credit card markets in the 1980s.
Conclusion:
United Overseas Bank (UOB) is a leading universal bank in Asia with a diversified business model and a wide range of financial products and services for retail and corporate customers. The bank has a long history in Singapore and is also present in other Asian countries. UOB is committed to providing its customers with the best experience and helping them manage their finances and grow their businesses. United Overseas Bank is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
The United Overseas Bank stock can be added to a savings plan with the following providers: Consorsbank