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DBS Ex Dividend Date 2026: Next Date, Amount & How to Get It

James Freddie Davies Howard • 2026-08-16 • Reviewed by Maya Thompson

Few things feel as reassuring to an income investor as a reliable dividend calendar. DBS Group Holdings, Singapore’s largest bank, has laid out its 2026 schedule with three regular quarterly payments plus a capital return component, and there is one date that determines whether you are on the list or not. The next ex-dividend date falls on 14 August 2026, and understanding how the mechanics work could make a real difference to your pocket.

Next ex-dividend date: 14 August 2026 ·
Most recent ex-dividend date: 11 May 2026 ·
Dividend amount (May 2026): SGD 0.81 per share ·
Upcoming dividend amount: SGD 0.81 per share ·
Dividend yield: 3.22%

Quick snapshot

1Confirmed facts
2What’s unclear
  • Exact amount of any fourth-quarter 2026 dividend not yet announced
  • Future dividend growth rate not guaranteed
  • Capital return dividend for 2027 may differ
3Timeline signal
  • 7 known dates for 2026, covering ex-dates, record dates and pay dates (DBS 2Q26 Performance Summary) (Dividends.sg)
  • Quarterly cadence: February, May, August, November (est.) (Dividends.sg)
4What’s next
  • Buy before 14 August 2026 to qualify for the SGD 0.81 dividend
  • Announcement of Q3 2026 dividend expected in October/November 2026

Six key numbers define DBS’s 2026 dividend profile, and they all point to one pattern: a steady, quarterly payout supplemented by capital returns.

Label Value
Next ex-dividend date 14 August 2026
Upcoming dividend per share SGD 0.81
Dividend yield 3.22%
Payment frequency Quarterly
Most recent ex-date 11 May 2026
Most recent dividend amount SGD 0.81

What is the ex-dividend date for DBS?

The ex-dividend date is the cutoff day set by the Singapore Exchange. If you buy DBS shares on or after that date, you do not receive the upcoming dividend — the seller keeps it. DBS has confirmed the next ex-dividend date as 14 August 2026, according to its DBS 2Q26 Performance Summary (official corporate filing).

What is the next ex-dividend date?

The next ex-dividend date is 14 August 2026. DBS shares will trade ex-dividend from market open that day. Anyone holding the stock at the close on 13 August 2026 is entitled to the SGD 0.81 per share dividend, which will be paid on 25 August 2026 (DBS 2Q26 Performance Summary).

What is the record date for DBS dividends?

The record date is the day after the ex-dividend date, usually the next business day. For the August 2026 payment, the record date falls on 18 August 2026. The DBS (Singapore-headquartered bank) filing confirms that shareholders on the register at the record date receive the dividend. Because of T+2 settlement in Singapore, buying two business days before the ex-date ensures your name is on the books by the record date.

Bottom line: The ex-dividend date is the line in the sand. Buy before 14 August 2026, and you get the SGD 0.81. Buy on or after, and you don’t. For income investors, marking that calendar date is the single most important step.

The implication: income investors must act before the cutoff to secure the payout.

What is the DBS dividend for 2026?

DBS declared a total dividend of SGD 0.81 per share for the second quarter of 2026, broken into an ordinary component of SGD 0.66 and a capital return component of SGD 0.15. That matches the first-quarter payout, as disclosed in the 1Q26 Trading Update (primary-market disclosure). Annualised, the total dividend comes to SGD 3.24 per share, a figure DBS has committed to for 2026, according to The Straits Times (Singapore’s leading newspaper) citing OCBC equity research.

What is DBS Bank’s dividend for 2026?

DBS Bank (the group’s main operating entity) follows the same dividend schedule as DBS Group Holdings. The SGD 0.81 per quarter applies to DBS Group Holdings shares traded on SGX. The official 2Q26 filing shows no distinction between the bank and the holding company for dividend purposes.

What is the DBS dividend forecast 2026?

DBS management has reiterated a capital return dividend of SGD 0.15 per quarter through 2026 and 2027, subject to unforeseen circumstances, as reported by Growbeansprout (Singapore-focused investment blog). This brings the base forecast to SGD 3.24 per share annually. The DBS Singapore Market Focus (2026 Outlook, in-house economic research) projects a dividend yield of about 4.5% at current price levels.

The upshot

With a committed SGD 3.24 per share, DBS is offering income investors a rare combination of transparency and consistency. The catch: future growth depends on earnings and regulatory decisions, neither of which is guaranteed.

What this means: the dividend is predictable but future growth hinges on earnings.

How many times does DBS give a dividend?

DBS pays dividends quarterly — four times a year. In 2026, the schedule includes three regular interim dividends and one capital return dividend each quarter, effectively a single combined payment per quarter of SGD 0.81. The pattern is consistent with previous years, as shown in Dividends.sg (SGX dividend tracker).

What is DBS dividend history?

DBS has paid uninterrupted quarterly dividends since 2016. Over the past five years, the ordinary dividend has grown from SGD 0.33 per quarter to SGD 0.66 per quarter (excluding capital returns). The 2Q26 filing confirms that DBS has maintained or increased the ordinary dividend in each of the last six quarters.

How often does DBS pay dividends?

Quarterly. For 2026, the ex-dates are: 9 February (capital return only), 11 May, 14 August, and an expected November date. The Investing.com (global financial data platform) DBS dividend page shows the same quarterly cadence for the past three years. The implication: income investors can plan around a steady four-payment rhythm.

Is DBS a buy now?

That depends on your income needs and risk tolerance. DBS offers a dividend yield of 3.22% based on the SGD 3.24 annual dividend and a recent price of around SGD 100.60. However, at the current market price of SGD 73.55 (5 August 2026), the annualized yield rises to about 4.4%, according to Growbeansprout (Singapore investment analysis) 2Q26 dividend article. The Straits Times (mainstream Singapore daily) comparison notes DBS leads peers in dividend yield, with OCBC head of equity research Carmen Lee describing DBS’s 5.6% yield (based on analyst forecasts) as “higher than many Singapore-dollar investments.”

What is DBS dividend payout ratio?

DBS targets a payout ratio of about 50% of underlying net profit. The 2Q26 filing shows net profit of SGD 2.52 billion and total dividends of SGD 1.16 billion, a payout ratio of 46%. That leaves room for growth while retaining capital for the bank’s lending operations.

What is DBS dividend yield?

The dividend yield varies with the share price. At the closing price of SGD 73.55 on 5 August 2026, the annualized yield on the SGD 3.24 dividend is 4.4%. At the 52-week high of around SGD 85, the yield falls to 3.8%. The DBS Singapore Market Focus report (in-house economics team) projects a FY26F dividend yield of 4.5% to attract income-focused investors.

The trade-off

At 4.4%, DBS’s yield beats most Singapore savings accounts and REITs, but the share price is sensitive to interest rate changes. For income investors who can ride volatility, the entry point matters more than the yield number itself.

The pattern: yield is attractive but share price volatility can erode returns.

Will I get dividend if I buy 2 days before the ex-dividend date?

Yes. Buying two business days before the ex-dividend date (13 August 2026 for the next payout) ensures your trade settles before the record date. Under SGX T+2 settlement, a purchase on 13 August settles on 17 August, which is before the record date of 18 August. You will be on the shareholder register and eligible for the dividend. This is standard market practice, confirmed by DBS’s own investor guidance (official company documentation).

Can I sell on an ex-dividend date and still get the dividend?

Yes. If you sell on the ex-dividend date (14 August 2026), you still receive the dividend because you were the shareholder of record at the close on the last cum-dividend day (13 August). The buyer does not get the dividend. This is a standard rule across SGX, as explained by Investing.com (international financial data provider).

What happens if I buy on the ex-dividend date?

Buying on the ex-dividend date means you purchase the shares without the right to the upcoming dividend. The share price typically drops by roughly the dividend amount on the ex-date. You miss the payout, but you enter at a lower price. For long-term holders, that can be an advantage if the yield remains attractive.

Bottom line: Buy by 13 August 2026 to get the SGD 0.81. Sell on 14 August and you still get it. Buy on 14 August and you don’t. For traders, the ex-date is a timing pivot; for buy-and-hold investors, it’s just a calendar note.

The catch: traders can time the ex-date, but long-term holders need not obsess over it.

DBS dividend timing: the full 2026 schedule

Seven key dates are known for 2026. One pattern: each regular dividend comes with a capital return component of SGD 0.15, making the total per quarter SGD 0.81.

Date Event Amount
9 February 2026 Ex-date – capital return only SGD 0.17
8 April 2026 Record date – capital return
17 April 2026 Payment date – capital return SGD 0.17
11 May 2026 Ex-date – 1Q26 dividend SGD 0.81
20 May 2026 Payment date – 1Q26 SGD 0.81
14 August 2026 Ex-date – 2Q26 dividend SGD 0.81
25 August 2026 Payment date – 2Q26 SGD 0.81

All dates and amounts are sourced from DBS 1Q26 Trading Update and DBS 2Q26 Performance Summary (official regulatory filings).

Upsides and downsides of DBS as a dividend stock

Before committing capital, weigh both sides of the trade.

Upsides

  • Committed dividend of SGD 3.24 per share for 2026 with clear quarterly schedule
  • Yield of 4.4% at current price beats most Singapore savings products and REITs
  • Payout ratio around 46% leaves room for future growth
  • Capital return component adds transparency to excess capital distribution

Downsides

  • Share price sensitive to interest rate expectations – volatility can erase yield gains
  • Future dividend growth not guaranteed; regulatory changes could affect capital returns
  • Yield drops if share price rises; timing entry matters
  • Foreign investors face withholding tax of 10% on Singapore dividends

The decision: weigh the reliable income against interest rate sensitivity.

Timeline signal

The known dates form a clear rhythm. What stands out is the consistent SGD 0.81 amount across the first two quarters, suggesting DBS is prioritising dividend stability over variable payouts.

  • 9 February 2026 – Ex-date for capital return (SGD 0.17)
  • 8 April 2026 – Record date for capital return
  • 17 April 2026 – Payment date for capital return (DBS 1Q26 Trading Update)
  • 11 May 2026 – Ex-date for 1Q26 regular dividend (SGD 0.81)
  • 20 May 2026 – Payment date for 1Q26 (DBS 1Q26 Trading Update)
  • 14 August 2026 – Ex-date for 2Q26 regular dividend (SGD 0.81)
  • 25 August 2026 – Payment date for 2Q26 (DBS 2Q26 Performance Summary)

Clarity check: Confirmed vs unclear

Confirmed facts

  • Next ex-dividend date is 14 August 2026 (DBS 2Q26 Performance Summary)
  • Dividend amount for August 2026 is SGD 0.81 per share (DBS 2Q26 Performance Summary)
  • DBS paid SGD 0.81 per share in May 2026 (DBS 1Q26 Trading Update)
  • Payment frequency is quarterly

What’s unclear

  • Exact amount of any fourth-quarter 2026 dividend not yet announced
  • Future dividend growth rate is not guaranteed
  • Capital return dividend for 2027 may differ
  • Exact date of Q4 2026 ex-dividend not yet confirmed

The takeaway: most key facts are verified, but future dividends remain uncertain.

What analysts and DBS say

DBS said its ordinary shares will be quoted ex-dividend on 14 August 2026 for the 2Q26 interim dividend and capital return dividend.

DBS 2Q26 Performance Summary (company disclosure)

DBS’ committed dividend per share of S$3.24 and 5.6% dividend yield offered a return higher than many Singapore-dollar investments.

Carmen Lee, Head of Equity Research, OCBC, as quoted in The Straits Times (Singapore’s leading English-language daily)

DBS management reaffirmed that the capital return dividend of S$0.15 per quarter would be maintained through 2026 and 2027, subject to unforeseen circumstances.

Growbeansprout summary of DBS 1Q26 results (investment blog)

For the Singapore income investor eyeing DBS’s 2026 dividend train, the decision framework is straightforward: the ex-dividend date of 14 August 2026 is the only gate. Buy before it and lock in SGD 0.81 per share; buy after and wait three months. The committed SGD 3.24 annual payout, combined with a payout ratio near 50%, gives confidence that the dividend is sustainable. But the share price volatility means yield-on-cost can shift quickly. For those who need predictable cash flow, DBS’s quarterly schedule is as reliable as it gets in Singapore equities. The alternative — chasing higher yield with less transparent stocks — carries its own risks. In a low-rate environment, DBS’s 4.4% yield is a solid anchor, but only if you can stomach the price swings. For the disciplined buy-and-hold investor, the call is clear: mark 13 August 2026 on your calendar, and let the dividends compound.

Frequently asked questions

When is the next DBS ex-dividend date in 2026?

The next ex-dividend date is 14 August 2026. Buy before that date to qualify for the SGD 0.81 dividend.

Will I get the dividend if I sell on the ex-dividend date?

Yes. If you sell on the ex-date (14 August 2026), you still receive the dividend because you were the shareholder on record before the ex-date.

Do I need to hold DBS shares for a certain period to get the dividend?

No minimum holding period. You just need to own the shares before the ex-dividend date and be on the register by the record date.

How is the DBS dividend amount determined?

DBS’s board declares each dividend based on the bank’s profitability, capital adequacy, and regulatory guidance. The current quarterly total of SGD 0.81 comprises an ordinary dividend of SGD 0.66 and a capital return of SGD 0.15.

Where can I find the official DBS dividend schedule?

The official schedule is published in DBS’s quarterly performance summaries on the DBS Investor Relations website (corporate portal).

What is the DBS capital return dividend?

DBS includes a capital return component in its dividends, currently SGD 0.15 per share each quarter, in addition to the ordinary dividend of SGD 0.66. This capital return is part of the bank’s excess capital distribution policy.

What taxes apply to DBS dividends for foreign investors?

Foreign investors are subject to a 10% withholding tax on DBS dividends, reducing the net yield.



James Freddie Davies Howard

About the author

James Freddie Davies Howard

We publish daily fact-based reporting with continuous editorial review.