In a spectacular display of financial prowess, UOB Group has once again turned heads, reporting a record net profit of S$6.0 billion for the financial year ending December 31, 2024. This impressive achievement marks a notable 6% year-on-year increase, highlighting the bank’s robust performance and its ability to navigate the ever-shifting tides of the global market. The bank’s board of directors, evidently in a celebratory mood, has proposed a final dividend of 92 cents per ordinary share. Combined with the interim dividend of 88 cents per share, this totals a generous S$1.80 per ordinary share for FY24 — equivalent to a payout ratio of approximately 50%. But wait, there’s more! To spread the joy, they unveiled a S$3 billion package set to distribute surplus capital over the ensuing three years, including special dividends and share buybacks. This includes a special dividend of 50 cents per share in 2025, marking UOB’s…









