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☑DBS Live more , Bank less To : Shareholders The Board of Directors of DBS Group Holdings Ltd ( " DBSH ” or “ the Company ” ) reports the following : Trading Update for the First Quarter Ended 31 March 2021 Details of the financial results are enclosed . Dividends The Board has declared an interim one - tier tax - exempt dividend of 18 cents for each DBSH ordinary share for the first quarter of 2021 ( the " 1Q21 Interim Dividend " ) , to which the DBSH Scrip Dividend Scheme will be applied . The estimated dividend payable is $ 460 million . DBSH Scrip Dividend Scheme The issue price for new shares to be allotted to shareholders who have elected to receive the 1Q21 Interim Dividend in scrip shall be the average of the closing prices of each DBSH ordinary share on the SGX - ST on 10 and 11 May 2021 . Ex - dividend Date The DBSH ordinary shares will be quoted ex - dividend on 10 May 2021 . Closure of Books The Transfer Books and Register of Members of DBSH will be closed from 5.00 p.m. on 11 May 2021 ( Tuesday ) up to ( and including ) 12 May 2021 ( Wednesday ) for the purpose of determining shareholders ' entitlement to the 1Q21 Interim Dividend . Payment Date The 1Q21 Interim Dividend will be payable on or about 25 June 2021. In respect of ordinary shares in the securities accounts with The Central Depository ( Pte ) Limited ( " CDP " ) , the 1Q21 Interim Dividend will be paid by DBSH to CDP , which will in turn distribute the dividend entitlements to shareholders . A separate announcement which will outline further administrative details on the application of the DBSH Scrip Dividend Scheme to the 1Q21 Interim Dividend will be made in due course . By order of the Board Teoh Chia - Yin Group Secretary 30 April 2021 Singapore More information on the above announcement is available at www.dbs.com/investor 1