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Keppel Proposes Special Dividend Tied to Asset Monetisation, Including Keppel REIT Units

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Keppel Proposes Special Dividend Tied to Asset Monetisation, Including Keppel REIT Units

Meet Samuel – Your Personal Investing Prophet

Keppel Corporation Limited ( (SG:BN4) ) just unveiled an announcement.

Keppel Ltd. has proposed a special dividend comprising 2 cents per share in cash and a distribution of 1 Keppel REIT unit for every 9 Keppel shares held as at a record date to be announced, with fractional entitlements to KREIT units disregarded. The payout reflects Keppel’s policy of supplementing ordinary dividends with special dividends funded by 10–15% of the gross value of completed asset monetisation deals, and is underpinned by about S$1.6 billion of asset sales completed for FY2025; the use of Keppel REIT units as part of the distribution also supports the group’s capital management strategy by recycling capital from its REIT holdings back to shareholders.

The most recent analyst rating on (SG:BN4) stock is a Hold with a S$11.50 price target. To see the full list of analyst forecasts on Keppel Corporation Limited stock, see the SG:BN4 Stock Forecast page.

More about Keppel Corporation Limited

Keppel Ltd. is a diversified Singapore-based company with businesses spanning asset management, real estate, infrastructure and related investments, with a strategy focused on capital efficiency and asset monetisation to drive shareholder returns.

Average Trading Volume: 3,274,735

Technical Sentiment Signal: Buy

Current Market Cap: S$18.83B

Learn more about BN4 stock on TipRanks’ Stock Analysis page.

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