$UOB(U11.SG)
Context
UOB is one of Singapore's three local banks and a steady dividend payer, which is why it sits on a lot of local investors' watchlists. I started building a position in late 2025 mainly for the dividends, before the price climbed to its recent highs.
My trade
I bought in two lots about a month apart rather than trying to time the perfect entry. The position is still in the green even after the recent pullback from the peak.
Takeaway
Spreading out my buys and holding for the dividends has worked well so far, and if the price continues to fall, I may add more UOB.
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