Keppel Corp Share Price on SGX: BN4 Live Data, Dividends and News

SGX ticker: BN4 ·
Price/book value: 1.79 ·
Current ratio: 1.19 ·
International quote: KEP1.SG ·
52-week range: 5.94 – 8.86

Six data points tell the story of Keppel’s current valuation and financial health. One pattern: the market is pricing the company on its asset-light transformation, not its legacy conglomerate structure.

The implication: Keppel’s price/book of 1.79 suggests the market is paying a premium for its asset management growth, not its construction or property legacy. The current ratio of 1.19 shows a healthy, if not overly liquid, balance sheet that supports the ongoing capital recycling program.

What is the Keppel share price and dividend yield for 2026?

Keppel Ltd closed at S$10.00 on 23 October 2026, down S$0.05 or 0.50% on the day, according to Yahoo Finance (market data aggregator). The trading range for that session was S$9.93 to S$10.04, with volume of 4,224,890 shares. MarketScreener (financial data platform) reported the same closing price, down 0.50% on the day and 0.99% over five trading days.

How do I read the BN4 quote?

• BN4 is the SGX ticker for Keppel Ltd, not Keppel REIT or Keppel Infrastructure Trust — the three entities trade separately.
• The international quote KEP1.SG refers to the same company listed on the Singapore Exchange, quoted in Singapore dollars.
• Delayed quotes (usually 15-20 minutes) are common on free platforms; real-time data typically requires a brokerage subscription.

The distinction matters because investors often confuse the parent company with its listed real estate investment trusts and business trusts. Each vehicle has its own dividend policy, yield profile, and risk characteristics.

What counts as Keppel’s dividend yield?

Dividend yield is the annual dividend per share divided by the current share price. For 2026, the key number is the 1H 2026 interim dividend of 15.0 Singapore cents per share, unchanged from the 1H 2025 interim dividend, as confirmed by the Singapore Exchange announcement (regulatory filing). The full-year yield depends on the final dividend that will be declared alongside the FY2026 results.

What are the latest news headlines about Keppel Corporation?

Keppel’s 1H 2026 results, announced via the Singapore Exchange presentation slides (primary disclosure), showed reported net profit of S$155 million, 59% lower than the S$378 million reported for 1H 2025. That headline number masks a stronger underlying performance: net profit of S$530 million, up 25% year on year when excluding the Non-Core Portfolio for Divestment. Funds under management reached S$106 billion by the end of July 2026, exceeding the S$100 billion target ahead of schedule.

Why did Keppel share drop today?

The 23 October 2026 decline of 0.50% occurred within a narrow trading range of S$9.93 to S$10.04, as tracked by Yahoo Finance (historical price data). No specific company announcement on that date explains the move, and single-day fluctuations at this magnitude are routine for a stock trading near its highs. Investors looking for a fundamental driver should check whether any news broke after market close.

Which business segments are driving Keppel news?

Three themes dominate Keppel’s current narrative. First, asset monetisation: approximately S$560 million of non-core assets were sold and realised by the end of June 2026, per the Yahoo Finance earnings-call transcript (analyst call record). Second, the share buyback program: Keppel repurchased 34.2 million shares worth S$356 million since July 2025. Third, the funds-under-management milestone, which validates the pivot toward asset management as a core earnings driver.

What is the target price of Keppel Corp?

Analyst target prices for Keppel are estimates, not guarantees of future performance, and they reflect each broker’s assumptions about asset sales, FUM growth, and dividend policy. No single consensus figure is available from the primary sources tracked for this briefing, so investors should treat any published target as one view among many.

What do analyst consensus target prices mean?

• Consensus targets aggregate analyst opinions into a median or average price level, typically covering a 12-month horizon.
• Targets that sit above the current S$10.00 price suggest analysts expect further upside from the asset-management pivot.
• Targets below the current price would signal concerns about the pace of asset sales or dividend sustainability.

The KEP1.SG 52-week range is S$5.94 to S$8.86, while BN4 has traded as high as S$10.00; any target price must be compared against the range of recent trading, not just the current level, to gauge how much runway the market is already pricing in.

What are the main risks to the target price?

The biggest risk is execution: whether Keppel can continue monetising non-core assets at the pace indicated. The S$560 million realised by mid-2026 demonstrates the program works, but the remaining portfolio may contain harder-to-sell assets. A second risk is interest rates — higher rates squeeze the valuation of the infrastructure and property assets Keppel manages, which would feed through to both NAV and earnings. A third is dividend policy risk: if the special dividend does not materialise, the shares could lose some of their income-driven appeal.

How much of Keppel does Temasek own?

Temasek is a major shareholder in Keppel, and the precise stake is disclosed in the latest official filings. Temasek’s role extends beyond passive ownership — as a Singapore state investment company, it often provides strategic direction and stability that other shareholders do not. The exact percentage changes over time because of share buybacks, acquisitions, and disposals, so the latest annual report or SGX filing should be treated as the authoritative source.

What role does Temasek play as a shareholder?

• Temasek’s presence signals long-term strategic alignment with Singapore’s economic priorities, particularly in energy, urban development, and connectivity.
• The state investor’s stake provides a governance anchor that can support management during transitions or market volatility.
• Temasek has historically supported asset recycling programs that improve return on equity.

How has Temasek’s stake changed recently?

Keppel’s share buyback program — 34.2 million shares repurchased since July 2025, per the Singapore Exchange presentation (official disclosure) — can alter the percentage ownership of all shareholders if the company cancels repurchased shares. Any Temasek stake change would be disclosed through SGX (Singapore Exchange regulatory arm) notices, which investors should monitor rather than relying on third-party summaries.

The implication: Temasek’s stake matters less as a precise number and more as a signal of stability. A state-linked anchor shareholder reduces the likelihood of hostile takeover scenarios and gives management room to execute multi-year transformation plans without short-term activist pressure.

What is Keppel’s latest dividend amount?

Keppel declared a tax-exempt one-tier interim cash dividend of 15.0 Singapore cents per share for the half year ended 30 June 2026, as confirmed by the Singapore Exchange announcement (official filing). This interim dividend is unchanged from the 1H 2025 level. The board linked potential special dividends to the asset monetisation program, which could supplement the ordinary full-year payout.

What are interim and final dividends?

• Interim dividends are declared partway through the fiscal year, typically alongside half-year results.
• Final dividends are declared at the full-year results announcement and are subject to shareholder approval at the annual general meeting.
• Combined, they form the total annual dividend per share.

Keppel’s FY2024 full-year payout, per the Keppel investor relations (dividend disclosure), was a proposed final cash dividend of 19.0 cents per share and total cash dividends of 34.0 cents per share. That provides the baseline for income expectations heading into the FY2026 final dividend decision.

Does the payout date affect the share price?

Yes, on the ex-dividend date. For the 1H 2026 dividend, the book-closure date was 12 August 2026, per Keppel investor relations (dividend calendar). Investors had to hold BN4 shares before that date to qualify for the payment, which was scheduled for 21 August 2026. The ex-dividend date — typically one business day before the book-closure date — is when the share price adjusts downward by approximately the dividend amount.

Is it a good time to buy Keppel shares?

This question does not have a single answer because “good time” varies by investor profile, time horizon, and risk tolerance. What can be provided is a structured breakdown of the bull and bear cases, grounded in Keppel’s reported financials and market position.

What are the bull cases for Keppel?

What financial metrics should investors check?

• Price-to-book ratio (currently 1.79) — tells you how much premium the market places on the asset-light model.
• Current ratio (currently 1.19) — signals the company’s ability to meet near-term obligations.
• Free cash flow — Keppel showed a S$570 million inflow in 1H 2026 versus a S$48 million outflow in 1H 2025, per the Singapore Exchange slides (official figures).

The trade-off: Keppel offers upside through its asset-management pivot and potential special dividends, but the reported profit decline and modest liquidity buffer argue for a selective approach. The current ratio of 1.19 is not alarming, but it limits the board’s flexibility for large one-time payouts without further asset sales.

For the investor weighing this decision, the choice is clear: back the asset-light transformation with a long horizon, or wait for proof that the FUM growth converts to consistent earnings — holding cash until the FY2026 results would be the more cautious route.

Timeline: Keppel’s key dates

Four dates anchor the investor calendar for the next 12 months.

The pattern: the interim dividend cycle is locked in, but the special dividend upside depends on the pace of the divestment pipeline. Investors should treat the Q1 2027 results as the next major catalyst, not the daily price moves.

Key quotes on Keppel’s performance

“Keppel’s funds under management reached S$106 billion by the end of July 2026, exceeding its S$100 billion target ahead of schedule.”

Keppel Ltd, 1H 2026 presentation materials — Singapore Exchange announcement

“Approximately S$560 million of non-core assets had been monetised and realised by the end of June 2026.”

Keppel management, earnings call — Yahoo Finance transcript

“Keppel’s reported overall 1H 2026 net profit was S$155 million, 59% lower than the S$378 million reported for 1H 2025.”

Keppel Ltd, 1H 2026 results — Singapore Exchange announcement

“Keppel declared a tax-exempt one-tier interim cash dividend of 15.0 Singapore cents per share for the half year ended 30 June 2026.”

Keppel Ltd, financial statements — Singapore Exchange announcement

The pattern: the confirmed quotes show the market is weighing two different versions of Keppel — a headline profit decline and an underlying earnings upgrade — and the share price is reflecting the underlying story more than the statutory one.

Frequently asked questions

The pattern: the recurring questions focus on dividend timing and entity confusion, both of which the official SGX and Keppel investor-relations pages resolve quicker than third-party quote sites.

Conclusion

Keppel’s transformation is visible in the numbers: funds under management at S$106 billion, free cash flow swung to a S$570 million inflow, and a share buyback program that has removed 34.2 million shares from circulation. The 23 October price of S$10.00 reflects a market that is backing this strategy. For the investor weighing this decision, the choice is clear: back the asset-light transformation with a long horizon, or wait for proof that the FUM growth converts to consistent earnings — holding cash until the FY2026 results would be the more cautious route.