Why did the DBS share price fall today?

The share price eased after Q4 net profit missed by about 10% as net interest margin slipped to 1.93% and provisions rose. Guidance for 2026 points to earnings slightly below 2025 due to rate headwinds. Profit mix and cautious provisioning weighed on sentiment despite steady dividends and a multi-year capital return plan.

What is the latest DBS dividend and effective yield?

For 4Q, DBS declared S$0.66 in ordinary dividends plus a S$0.15 capital return. On a trailing basis, dividends per share are S$2.85, implying roughly a 4.8% yield at S$58.19. The added capital return lifts near-term income, providing support while margins normalise as rates move lower.

Is DBS stock still attractive for income investors?

Yes, the payout framework is clear. The ordinary dividend plus planned capital returns through 2027 support cash yields even if net interest margins ease. Investors can consider reinvesting dividends to compound returns. Monitor updates on provisions, loan growth, and fees, since these affect earnings capacity and future payouts.

What are the key levels to watch on DBS stock?

Near-term resistance is around S$60.00, the 52-week high. Supports include the 50-day average near S$56.80 and the 200-day around S$50.90. Bollinger’s upper band near S$58.24 marked a recent test. With ATR at about S$0.57, expect moderate daily swings around these levels.

What could change the outlook for DBS results in 2026?

The rate path is central. Faster cuts could pressure NIM more, while stable or higher rates help margins. Loan growth, fee momentum in wealth and cards, and credit cost trends also matter. Any revision to the capital return plan or guidance on provisions would influence earnings expectations and sentiment.

Global Market Insights

D05.SI Stock Today: February 09 — Q4 Miss, Dividend Steadies Outlook

ByDanny Kontos February 9, 2026February 9, 2026

DBS share price slipped 1.9% to S$58.19 on Feb 9 after a 10% Q4 profit miss. Softer net interest margin of 1.93% and higher provisions weighed on DBS results, while management guided 2026 net profit to be slightly below 2025. Still, the payout stayed firm with a S$0.66 ordinary dividend plus a S$0.15 capital return for 4Q, and plans to continue capital return through 2027. We unpack what this means for Singapore investors tracking DBS stock, the income outlook, and near-term trading levels.