DBS Group Holdings (SGX: D05) Stock Hits Fresh Highs: Dividend Engine, S$8B Capital Return Plan, and the 2026 Outlook (Dec 26, 2025)
SINGAPORE (Dec. 26, 2025) — DBS Group Holdings Ltd (SGX: D05) is ending 2025 in the kind of territory long-term bank investors like: near the top of its 52-week range, supported by hefty shareholder payouts and a wave of “Singapore as a safe haven” capital flows. But with interest rates no longer a one-way escalator, the 2026 debate is shifting from “how high can net interest income go?” to “how well can DBS protect margins — and keep fee income growing — as rates drift lower?” As of Dec. 26, 2025, DBS shares were around S$56.29, after a previous close