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Investing · from OCBC’s own table

OCBC dividend 2026: every payout, ex-date and pay date, the capital return and scrip

OCBC’s latest dividend with the last day to buy, what your shares get, the S$2.5 billion capital return, scrip issue prices, and every payout since 2008.

By Updated Checked SGT against OCBC

From OCBC’s own dividend historyRead 12 Nov 2026, 7:50 pm SGT

47¢a share

2026 interim dividendOrdinary dividend · OCBC pays twice a year

Paid 28 Aug 2026

OCBC’s latest payout, the 2026 interim of 47¢ a share, was paid on 28 Aug 2026. OCBC pays twice a year, so nothing more is due until its next results.

  1. Last day to buyFri 14 Aug 2026The market day before the ex-date
  2. Ex-dividendMon 17 Aug 2026From OCBC’s dividend history
  3. Record dateTue 18 Aug 2026From OCBC’s results
  4. PaidFri 28 Aug 2026From OCBC’s dividend history
FY2026 so far
47¢ a shareAll ordinary
Scrip
Cash only“The Scrip Dividend Scheme will not be applicable to the interim dividend.”

Next: the final dividend for 2026. Not declared yet. Over the last 5 years it was:

  • Announced23–28 Feb
  • Ex-date23 Apr–8 May
  • Paid8–21 May

From OCBC’s investor page and its 7 Aug 2026 results. The last day to buy is our date: the market day before the ex-date, with Singapore’s two-day settlement and MOM’s public holidays.

What your OCBC shares pay

Start from a holding

OCBC’s latest payout, 47¢ a share, the 2026 interim, paid S$470.00 on 1,000 shares held at the close on 14 Aug; it went out on 28 Aug.

OCBC dividends on 1,000 shares
WhatOn your shares
Paid in the last 12 months105¢ a share, 3 payoutsS$1,050.00
Financial year 2025, all of it99¢ a share, 3 payoutsS$990.00
Financial year 2025, ordinary only83¢ a share, without the 16¢ specialS$830.00

OCBC’s specials were part of a capital return set for FY2024 and FY2025 only. Nothing OCBC has published promises one for FY2026, so the ordinary-only line is the one to plan on.

Add the price you paid, or today’s price from your broker, to see the yield. We don’t show OCBC’s share price.

Past payouts, not a forecast: OCBC sets each dividend when it reports. OCBC dividends are one-tier and not taxed in Singapore.

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Every OCBC dividend this year and last

OCBC pays twice a year, not every quarter as DBS does. The interim dividend comes with the half-year results and is paid in August; the final comes with the full-year results in February and is paid in May, after shareholders approve it at the annual general meeting. For 2024 and 2025 a special dividend came with each final, on the same dates.

FY2026 so far: 47¢ a share

OCBC dividends for financial year 2026
PayoutA shareLast day to buyEx-datePaid
InterimOrdinary, announced 7 Aug 202647¢Fri 14 Aug 202617 Aug 202628 Aug 2026

FY2025: 99¢ a share

OCBC dividends for financial year 2025
PayoutA shareLast day to buyEx-datePaid
FinalOrdinary, announced 25 Feb 202642¢Wed 22 Apr 202623 Apr 20268 May 2026
SpecialSpecial, announced 25 Feb 202616¢Wed 22 Apr 202623 Apr 20268 May 2026
InterimOrdinary, announced 1 Aug 202541¢Thu 7 Aug 20258 Aug 202521 Aug 2025

OCBC’s financial year is the calendar year. The interim is declared with the half-year results in early August; the final, and any special, with the full-year results in late February, and they are paid after the annual general meeting in April. Amounts are Singapore cents per share, one-tier (not taxed).

The S$2.5 billion capital return, and the specials

On 26 Feb 2025 OCBC set out to return S$2.5 billion of capital over two years. In its words: “The capital return comprises special dividends amounting to 10% of the Group’s net profit for FY24 and FY25, with the balance via share buybacks over two years, subject to market conditions and regulatory approvals.” With the ordinary dividend at half of profit, that made 60% of profit paid out for each of those two years.

OCBC’s S$2.5 billion capital return, part by part, in S$ million
PartS$ million
FY2024 special dividend, 16 centspaid May 2025720
Share buybacks, first half of 2025Jan to Jun 2025, 14 million shares229
Share buybacks, second half of 2025Jul to Dec 2025, 13 million shares216
FY2025 special dividend, 16 centspaid May 2026718
Share buybacks, first half of 2026Jan to Jun 2026, 10 million shares220
Returned so farOur sum of OCBC’s figures2,103
Left of the S$2.5 billionOCBC: completed “by FY26”397

Each figure links to the OCBC statement it is from. The specials are what OCBC paid out (16 cents on every share); the buybacks are what OCBC paid for its own shares, transaction costs included. OCBC hasn’t said whether the buybacks from January and February 2025, before the plan, count towards it, so “left” may be a little more. Its latest word, with the 2026 interim: “The Group remains committed to completing its previously announced S$2.5 billion capital return by FY26.”

For shareholders, only the specials arrive as cash. The buybacks work differently: OCBC buys shares in the market and holds them as treasury shares or cancels them, so each remaining share has a slightly larger claim on profits and on future dividends. The plan named specials for FY2024 and FY2025 only; there is no special in OCBC’s plans for FY2026.

OCBC dividends since 2008

OCBC’s ordinary dividend went from 28 cents a share for 2008 to 85 cents for 2024, and the two 16-cent specials sit on top of that. The one fall came in 2020, and it was not OCBC’s choice alone. With its half-year results that August, OCBC wrote: “Given the uncertain economic climate, the MAS has called on all locally-incorporated banks headquartered in Singapore to cap the total dividend per share for FY20 at 60% of that of the prior year, and to offer shareholders the scrip dividend option.” Sixty per cent of 2019’s 53 cents is 31.8 cents, and OCBC paid exactly that: 15.9 cents in each half (OCBC, 7 Aug 2020).

Ordinary Special

Tap or hover on a column to read it.

0¢50¢100¢150¢
2008201020122014201620182020202220242026
OCBC dividends per share by financial year, as paid, from OCBC’s dividend history. FY2026 is the year so far.
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Every OCBC dividend since 2008 (39 payouts)
Every OCBC dividend: amount, dates and scrip issue price
PayoutA shareAnnouncedEx-datePaidScrip
2026 interim47¢7 Aug 202617 Aug 202628 Aug 2026
2025 final42¢25 Feb 202623 Apr 20268 May 2026
2025 special16¢25 Feb 202623 Apr 20268 May 2026
2025 interim41¢1 Aug 20258 Aug 202521 Aug 2025
2024 final41¢26 Feb 202525 Apr 20259 May 2025
2024 special16¢26 Feb 202525 Apr 20259 May 2025
2024 interim44¢2 Aug 202412 Aug 202423 Aug 2024
2023 final42¢28 Feb 20248 May 202421 May 2024
2023 interim40¢4 Aug 202314 Aug 202325 Aug 2023
2022 final40¢24 Feb 20238 May 202319 May 2023
2022 interim28¢3 Aug 202212 Aug 202225 Aug 2022
2021 final28¢23 Feb 20226 May 202220 May 2022
2021 interim25¢4 Aug 202113 Aug 202126 Aug 2021
2020 final15.9¢24 Feb 202112 May 202129 Jun 2021Offered, S$11.93
2020 interim15.9¢7 Aug 202021 Aug 20207 Oct 2020Offered, S$7.81
2019 final28¢21 Feb 202022 May 20205 Jun 2020
2019 interim25¢2 Aug 201915 Aug 20193 Oct 2019Offered, S$9.57
2018 final23¢22 Feb 20193 May 201924 Jun 2019Offered, S$10.55
2018 interim20¢6 Aug 201815 Aug 20188 Oct 2018Offered, S$10.15
2017 final19¢14 Feb 201818 May 20184 Jun 2018
2017 interim18¢27 Jul 20173 Aug 201718 Aug 2017
2016 final18¢14 Feb 201722 May 20175 Jun 2017
2016 interim18¢28 Jul 20163 Aug 201618 Aug 2016
2015 final18¢17 Feb 201626 Apr 201614 Jun 2016Offered, S$8.11
2015 interim18¢31 Jul 201512 Aug 201529 Sep 2015Offered, S$8.71
2014 final18¢11 Feb 201530 Apr 201524 Jun 2015Offered, S$9.55
2014 interim18¢5 Aug 201425 Aug 201416 Oct 2014Offered, S$9.07
2013 final17¢14 Feb 201428 Apr 201420 Jun 2014Offered, S$8.60
2013 interim17¢2 Aug 201312 Aug 201328 Aug 2013
2012 final17¢15 Feb 201329 Apr 2013OCBC prints 29 Aug 201317 May 2013
2012 interim16¢2 Aug 20128 Aug 201227 Aug 2012
2011 final15¢20 Feb 201227 Apr 201218 May 2012
2011 interim15¢4 Aug 201116 Aug 20117 Oct 2011Offered, S$8.07
2010 final15¢18 Feb 201119 Apr 201113 Jun 2011Offered, S$8.45
2010 interim15¢2 Aug 20108 Sep 20101 Nov 2010Offered, S$7.88
2009 final14¢19 Feb 201023 Apr 201016 Jun 2010Offered, S$7.94
2009 interim14¢3 Aug 200931 Aug 200922 Oct 2009Offered, S$7.02
2008 final14¢18 Feb 200924 Apr 200917 Jun 2009Offered, S$4.83
2008 interim14¢7 Aug 200825 Aug 200812 Sep 2008

OCBC’s dividend history starts with the 2008 interim; we haven’t found its earlier payouts on OCBC’s site. “Offered, S$” is the price OCBC set for each new share taken instead of cash.

The 2012 final dividend’s ex-date

OCBC’s dividend history gives the ex-date of the 2012 final dividend as 29 Aug 13, which would be more than three months after the 17 May 2013 payment. That can’t be right. OCBC’s full-year results announcement said: “The books closure date is 3 May 2013.” (FY2012 results). OCBC’s ex-dates then fell three market days before books closure: the 2012 interim went ex on 8 August, and the half-year results said “The books closure date is 14 August 2012.” (2Q12 results), with 9 August a public holiday in between. Three market days before 3 May 2013, with 1 May a public holiday, is Monday 29 April 2013, so that is the date we show; “Aug” for “Apr” looks like a typing slip.

The scrip dividend scheme

Under OCBC’s scrip dividend scheme, approved by shareholders in 1996, you can take new OCBC shares in place of the cash, but only for the dividends the board applies it to: “The Directors may, in their absolute discretion, in respect of any Dividend, determine whether the Scrip Dividend Scheme shall apply to such Dividend.” OCBC’s dividend history marks 16 payouts as “Scrip Dividend Scheme offered”, the last being the 2020 final dividend, paid Jun 2021. Every dividend since has come with a line like the one with the 2026 interim: “The Scrip Dividend Scheme will not be applicable to the interim dividend.”

OCBC set each issue price from the market, at a discount. For the 2020 interim: “The issue price for the new shares, to be allotted to shareholders who have elected to receive scrip for the interim dividend, will be set at a 10% discount to the average of the daily volume weighted average prices of the shares for each of the market days during the price determination period between 21 August 2020 (the ex-dividend date) to 24 August 2020 (the record date), both dates inclusive.” (1H20 results). The number of new shares is your shares times the dividend divided by that price, and OCBC’s scheme statement leaves part-shares to the board: “The Directors shall have full power to make such provisions as they think fit where the number of Shares calculated in accordance with the above formula becomes attributable in fractions”.

What 1,000 OCBC shares got in new shares, each time scrip was offered
PayoutDividendIssue priceNew shares per 1,000
2020 final15.9¢S$11.9313.33
2020 interim15.9¢S$7.8120.36
2019 interim25¢S$9.5726.12
2018 final23¢S$10.5521.80
2018 interim20¢S$10.1519.70
2015 final18¢S$8.1122.19
2015 interim18¢S$8.7120.67
2014 final18¢S$9.5518.85
2014 interim18¢S$9.0719.85
2013 final17¢S$8.6019.77
2011 interim15¢S$8.0718.59
2010 final15¢S$8.4517.75
2010 interim15¢S$7.8819.04
2009 final14¢S$7.9417.63
2009 interim14¢S$7.0219.94
2008 final14¢S$4.8328.99

Issue prices from OCBC’s scrip price history; the share counts are our sum before any rounding the board applied. Scrip also slowed the cash for everyone: from ex-date to payment took a median of 52 days on payouts where scrip was offered, against 14 days on cash-only ones, because OCBC waits for shareholders to choose.

OCBC beside DBS and UOB

Over the last 12 months, counting payouts already declared: DBS paid in Nov, Apr, May and Aug; OCBC paid in May and Aug; UOB paid in May and Aug. Holding all three spreads the cash across more months, but the cents per share can’t be compared between banks: each share costs a different amount, which is why yield needs a price.

DBS, OCBC and UOB dividends by pay date, the last 12 months and those declared
PaidBankPayoutA share
24 Nov 2025DBSCapital Return dividend + 3Q interim dividend75¢
17 Apr 2026DBSCapital Return dividend + 4Q final dividend81¢
8 May 2026OCBCFinal 2025 + Special 202558¢
8 May 2026UOBFinal 202571¢
20 May 2026DBSCapital Return dividend + 1Q interim dividend81¢
25 Aug 2026DBSCapital Return dividend + 2Q interim dividend81¢
28 Aug 2026OCBCInterim 202647¢
28 Aug 2026UOBInterim Dividend 202688¢
24 Nov 2026DBSCapital Return dividend + 3Q interim dividend81¢

From each bank’s own investor page, as read for our dividend calendar, which also gives the last day to buy for every one.

The dates, and how long OCBC takes

Since FY2021, OCBC has typically gone ex-dividend 10 days after announcing an interim dividend, and 70 days after announcing a final one, which waits for the annual general meeting in April. The cash typically follows 13 days after the ex-date. Each figure is the median, to the nearest day.

Three dates matter, and only one of them is for you to act on. The last day to buy is the market day before the ex-date: Singapore trades settle two market days later, so a share bought then is on OCBC’s register at the record date. From the ex-date, the share trades without the dividend. The record date is the day OCBC counts its shareholders; for the 2026 interim, OCBC wrote: “The record date is 18 August 2026.”

More on this topic

Investing 4 pages

Questions

Does OCBC pay dividends every quarter?

No. OCBC pays twice a year: an interim dividend in August and a final dividend in May. DBS pays every quarter, which is why a month with a DBS payout can pass with nothing from OCBC.

If I sell on the ex-date, do I still get the dividend?

Yes. What counts is owning the shares at the close of the last day to buy. Shares sold on or after the ex-date still settle after the record date, so the dividend comes to you. The buyer gets the next one.

Are OCBC dividends taxed?

Not in Singapore. IRAS lists among dividends that are generally not taxable “Dividends paid to shareholders by a Singapore resident company under the one-tier corporate tax system (as the tax paid by a company is final)”. OCBC declares each of its dividends tax-exempt, the specials included (“2025 special tax-exempt dividend of 16 cents”, in its accounts), and IRAS asks you to declare only taxable dividends in your return.

Will OCBC pay a special dividend for 2026?

Nothing OCBC has published says so. Its S$2.5 billion plan named special dividends for 2024 and 2025 only, with share buybacks making up the rest by 2026. OCBC decides the final dividend for 2026, and anything with it, at its full-year results in February 2027; this page will show it the day OCBC’s table does.

Can I take OCBC shares instead of cash?

Not at the moment. The scheme still exists, but OCBC’s board decides for each dividend whether it applies, and it hasn’t since the 2020 final dividend. Each announcement says so; the 2026 interim’s line is quoted in the scrip section.

Why do websites show different OCBC dividend amounts for a year?

Three reasons. Some count the specials, some don’t: 2025 was 99 cents with the special and 83 without. Some add up by the year the cash arrived rather than OCBC’s financial year, which moves each final into the next year. And OCBC’s own table prints an impossible ex-date for the 2012 final dividend, so dates copied from it differ from ours: explained above.

Where can I see every SGX dividend, not just OCBC’s?

Our Singapore dividend calendar lists every payout announced by the companies, REITs and ETFs we follow, read from their own pages, with the last day to buy for each. For DBS’s quarterly payouts and its capital return, see our DBS dividend page.

Changes to this page

No corrections yet. The first one will be listed here, with the date and what changed.

  1. New: OCBC dividend. The latest OCBC payout with its last day to buy, ex-date, record date and pay date; what your shares get, with and without the special, and the yield at your own price; OCBC’s S$2.5 billion capital return part by part from its own statements; every payout since 2008 with the 2020 MAS cap explained; the 16 scrip payouts with OCBC’s issue prices and the shares 1,000 held would have got; and OCBC beside DBS and UOB by pay date. OCBC’s own table prints an impossible ex-date for its 2012 final dividend; the page shows the corrected date and the evidence. See OCBC’s dividends

How we know this

Every date and amount in the top box, the calculator and the tables, and every scrip issue price, comes from OCBC’s investor page, read twice a day; one date, the 2012 final dividend’s ex-date, is corrected from OCBC’s own results, as explained above. Record dates, the payout ratio, the capital return and the scrip terms come from OCBC’s results announcements and statements on its investor relations site, each linked where it is used. The last day to buy is our date: the market day before the ex-date, using MOM’s public holidays. We don’t use SGX’s data or show OCBC’s share price, since SGX’s terms don’t allow it. Nothing here is advice to buy or sell. More dividends are on the Investing hub.