Previous close | 14.89 |
Open | 14.92 |
Bid | 14.76 x 0 |
Ask | 14.77 x 0 |
Day's range | 14.71 - 14.92 |
52-week range | 12.17 - 15.38 |
Volume | |
Avg. volume | 5,238,511 |
Market cap | 66.385B |
Beta (5Y monthly) | 0.58 |
PE ratio (TTM) | 9.06 |
EPS (TTM) | 1.63 |
Earnings date | 02 Aug 2024 |
Forward dividend & yield | 0.84 (5.69%) |
Ex-dividend date | 08 May 2024 |
1y target est | 15.26 |
China's central bank surprised markets for a second time this week by conducting an unscheduled lending operation on Thursday at steeply lower rates, suggesting authorities are trying to provide heavier monetary stimulus to prop up the economy. The medium-term lending facility (MLF) operation comes after the central bank cut several benchmark lending rates on Monday, just days after a top leadership meeting, which had outlined other major reforms. The People's Bank of China (PBOC) issued 200 billion yuan ($27.5 billion) in one-year loans under its MLF at 2.30%, down 20 basis points from its previous MLF loan, the bank said in a statement.
Amidst a dynamic global financial landscape, the Singapore market continues to offer intriguing opportunities for investors looking at stable returns through dividend stocks. In light of recent regulatory actions in international banking sectors emphasizing the importance of robust risk management and data governance, investors might consider the resilience and strategic compliance of companies as key factors when evaluating potential dividend stock investments in Singapore.
As digital solutions like Visa's new emergency card service reshape financial interactions globally, the Singapore market is also experiencing shifts that reflect broader technological advancements and consumer behavior changes. In this dynamic environment, dividend stocks such as Multi-Chem offer investors potential stability and regular income, qualities that are increasingly valuable in rapidly evolving markets.