Is the OCBC share price still attractive after the record high?

It is attractive for income, but momentum is hot. Valuation sits near 1.49 times book with an RSI above 70. We prefer staggered entries, using dips toward S$19.59 support. A positive dividend update at February results could justify strength, while weak guidance may bring a better entry.

What is the OCBC dividend yield and is it sustainable?

OCBC dividend yield is 4.67% TTM with a 35.4% payout ratio and strong free cash flow yield. Coverage looks healthy. The key is 2026 margin trends as rates fall. If earnings hold and capital stays strong, the current payout looks sustainable, with scope for calibrated increases.

How could rate cuts affect the OCBC share price in 2026?

Rate cuts usually pressure net interest margins, which can slow earnings growth. That may limit valuation expansion. However, lower credit costs and steady fee income can offset some margin squeeze. If dividends remain secure, the OCBC share price may consolidate rather than retreat, with moves driven by capital return signals.

What levels should traders watch on OCBC right now?

Watch resistance near S$20.35 and nearby Keltner and Bollinger bands. First support is around S$19.59, with ATR at S$0.20 guiding stop placement. A daily close above resistance could open room for new highs, while a break below support suggests a deeper pullback toward the 50-day average.

Global Market Insights

O39.SI Stock Today: January 8 – OCBC Hits Record on Dividend Bid

ByDanny Kontos January 8, 2026January 8, 2026

OCBC share price hit a fresh record this week as local income funds and retail buyers rotated into Singapore bank stocks for stable payouts. Today, Jan 8, attention stays on dividends, valuations, and rate-cut odds. The counter trades well above key moving averages, but near-term upside may slow after the strong run. We break down the OCBC dividend yield, technical setup, earnings date, and risks that could sway the next leg for the OCBC share price.