$OCBC Bank(O39.SG)
Context
OCBC is another of Singapore's three local banks and a reliable dividend payer. I started building a position in mid 2025 mainly for the dividends before the price climbed to its highs.
My trade
I bought in two lots over about ten days rather than trying to time the perfect entry. The position is still in the green even after the recent pullback from the peak.
Takeaway
I'm happy to keep collecting the dividends, and I may add more if the price continues to fall, though I think OCBC is much more overvalued than UOB even after the pullback, so I'll be more cautious about buying here.
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