Keppel Corp Share Price SGX: Latest Price, Dividends & Target
There’s a moment when a stock stops being just a ticker and starts being a story about what a company actually does with your money — Keppel’s 1H 2026 numbers make that moment hard to ignore: net profit of S$530 million, up 25% year on year, according to Keppel Ltd.’s 1H 2026 results release. The share price, the dividend calendar, the analyst targets, and the Keppel Infrastructure Trust relationship — these are the reference points that tell you where BN4 actually stands, and right now they are pulling in different directions.
Current price (SGX:BN4): S$10.10 (Stock Analysis) ·
52-week range: S$5.94 – S$8.86 ·
1H 2026 interim dividend: S$0.15 per share ·
Consensus analyst target: S$12.84
Quick snapshot
- Keppel declared an unchanged interim dividend of S$0.15 per share for 1H 2026 (Keppel Ltd. investor relations).
- The payout is tax-exempt under Singapore’s one-tier system, with payment on 21 August 2026 (Keppel’s 1H 2026 financial statements).
- How much of the roughly S$560 million in non-core asset monetisation will flow back as special dividends (Yahoo Finance’s earnings summary).
- Interim dividend ex-date: 11 August 2026, per a third-party dividend calendar (MarketScreener’s dividend agenda).
- Fifteen analysts tracked by Stock Analysis hold a consensus Buy rating, with an average target of S$12.84 (Stock Analysis’ consensus tracker).
Eight data points, one pattern: the dividend stayed frozen even as profit accelerated, and the market’s targets suggest the re-rating still has room to run.
| Metric | Value |
|---|---|
| Current share price (SGX:BN4) | S$10.10 (latest SGX session) |
| 52-week range | S$5.94 – S$8.86 |
| 1H 2026 net profit | S$530 million (+25% year on year, excluding Non-Core Portfolio for Divestment) |
| 1H 2026 interim dividend | S$0.15 per share, unchanged from 1H 2025 |
| Book closure / payment | 12 August 2026 / 21 August 2026 |
| Non-core asset monetisation (by end-June 2026) | ~S$560 million (Yahoo Finance’s earnings summary) |
| Analyst consensus (15 analysts) | Buy |
| Average analyst target | S$12.84 (range S$9.52 – S$16.00) |
What is the current share price of Keppel Corp?
At S$10.10, Keppel Ltd. (SGX: BN4) is trading above the S$5.94–S$8.86 band that has defined its past 52 weeks. The stock moved decisively after the company reported a 25% jump in net profit, and the price now sits below the average analyst target while remaining above both the lower half of its trading range and the lowest price target on the Street.
The driving force is the earnings engine. Keppel’s 1H 2026 net profit of S$530 million came in 25% higher year on year, excluding the Non-Core Portfolio for Divestment — the kind of result that gives momentum investors a reason to pay up for the stock.
Keppel stock price history
- 52-week range: S$5.94 – S$8.86; current quote: S$10.10.
- 1H 2026 net profit: S$530 million, up 25% year on year.
- Average analyst target: S$12.84, with a range of S$9.52 – S$16.00 (Stock Analysis’ consensus tracker).
The history that matters for BN4 is short and recent: a long sideways drift through the lower half of the range, then a sharp break upward once profit growth became visible. For investors who watched the stock slide through that band, the question has now flipped — not “why is it weak?” but “how much of the re-rating is done?”
The implication: the price is no longer the mystery. The next test is whether Keppel can convert one strong half-year into a repeatable earnings cycle.
What is Keppel’s latest dividend amount?
Keppel declared an interim cash dividend of S$0.15 per share for 1H 2026 — the same amount as the comparable 2025 interim, according to Keppel Ltd.’s 1H 2026 results release. The payout is worth about 1.5% of the S$10.10 share price for this distribution alone; the full-year yield will depend on the final dividend Keppel declares after the FY2026 close.
On the mechanics, the dates are now fixed, which makes the entitlement question easier to plan around.
Keppel dividend ex-date and entitlement details
- Book closure: 12 August 2026 (Keppel Ltd.’s investor relations).
- Payment date: 21 August 2026 (Keppel’s 1H 2026 financial statements).
A third-party dividend calendar also lists a S$0.19 final dividend and a S$0.02 special dividend from the previous fiscal cycle, with a 27 April 2026 ex-date (MarketScreener’s dividend calendar). Read those numbers with care: they are aggregator records, not Keppel guidance.
The pattern: profit jumped 25% but the interim payout did not move. Income investors should read that as a signal — Keppel is prioritising the asset-light pivot over inflating the base dividend, and the upside, if any, will come from special dividends funded by asset sales.
What is the target price for Keppel?
Consensus targets cluster well above the current price. Stock Analysis’ tracker — which aggregates forecasts from 15 analysts — shows an average target of S$12.84, a median of S$13.00, and a range running from S$9.52 to S$16.00 (Stock Analysis’ consensus tracker).
How much upside is that? From S$10.10, the average target implies roughly 27% upside, and the median implies about 29%. The low end of the range, by contrast, sits about 6% below the current quote — which is the honest way to describe the risk.
Analyst ratings and price targets
A range that wide is not a forecast; it is a disagreement. The S$12.84 average only holds if Keppel keeps executing the asset-light plan — and the S$9.52 low target is a reminder that the stock can give back gains just as fast as it made them.
Stock Analysis’ brokerage tracker also shows the individual calls behind that consensus (Stock Analysis’ brokerage tracker):
- Maybank: Buy, S$13.00 target (22 October 2026).
- CGS International: Buy, S$13.52 target (6 August 2026).
- Phillip Securities: Buy, S$13.80 target (3 August 2026).
- DBS: Buy, S$13.30 target (3 August 2026).
The trade-off: every major broker is on the same side of the trade, but the spread between their targets is wide enough that the consensus number says less about the future than about the current debate.
Our companion piece on Keppel Corp Share Price SGX: Dividend Yield & Target Price traces the same numbers over a longer window.
Is Keppel Corp a good buy?
The mechanical answer is yes, if you trust the consensus: a Buy rating from 15 analysts, an average target 27% above the current price, and a dividend that is at least not shrinking. The practical answer is more conditional. A stock trading above its 52-week band after a 25% profit jump has already priced in a lot of the good news.
Income investors get a stable payout but not yet a growing one; growth investors get momentum but a wide target range. The buy case rests on one specific thing: whether Keppel converts its ~S$560 million of non-core asset sales into special dividends without denting earnings growth.
That, in turn, makes the dividend decision the real catalyst to watch. If the final FY2026 payout — plus a possible special dividend — lands at the high end of the third-party estimates, the stock has a reason to hold its gain. If not, the current price has nowhere to hide.
The implication: “good buy” at S$10.10 is really a bet on capital allocation. The quality of Keppel’s asset sales, not the growth in its earnings, will decide whether the re-rating sticks.
What is Keppel Infrastructure Trust?
Keppel Infrastructure Trust is a separately listed business trust sponsored by the Keppel group and managed by Keppel’s asset management arm. It is not the same entity as Keppel Ltd, the company behind SGX ticker BN4 — but the overlapping names make it easy to confuse the two, especially when dividend season arrives.
The distinction matters for anyone searching “keppel corp share price sgx”: the BN4 price tells you what the market thinks of Keppel Ltd’s operating businesses, not what it thinks of the trust. The two securities trade on their own tickers, pay different distributions, and carry different risk profiles. The trust’s payouts are determined by its own cash flows and distribution policy, not by Keppel Ltd’s dividend decisions.
Chasing “Keppel dividends” without checking which entity you are buying is how investors end up with the wrong security. Keppel Ltd pays corporate dividends on BN4; the trust pays unitholder distributions on its own schedule.
The practical rule: when a headline says “Keppel”, check the ticker before you check the yield.
For the full group picture, see our earlier guide — Keppel Corp Share Price SGX: BN4 Quote, Dividend & Outlook — which covers the BN4 setup in detail.
Keppel Ltd at a glance: the data that matters
Twelve rows, one read: this is a company executing a visible shift from conglomerate to asset-light operator, and the numbers below are the evidence.
| Spec | Value |
|---|---|
| Corporate name | Keppel Ltd. (formerly Keppel Corporation Limited) |
| SGX ticker | BN4 |
| 1H 2026 net profit | S$530 million (+25% year on year, ex-Non-Core Portfolio for Divestment) |
| 1H 2026 recurring income | S$467 million (+13% year on year) (Yahoo Finance’s earnings summary) |
| 1H 2026 interim dividend | S$0.15 per share (unchanged from 1H 2025) |
| Dividend tax status | One-tier tax-exempt (Singapore) |
| Book-closure date | 12 August 2026 |
| Payment date | 21 August 2026 |
| Third-party dividend record (prior cycle) | S$0.19 final + S$0.02 special; ex-date 27 April 2026 (MarketScreener’s dividend calendar) |
| Non-core asset monetisation | ~S$560 million realised by end-June 2026 |
| Analyst consensus | Buy, 15 analysts |
| Consensus target | Average S$12.84; median S$13.00; range S$9.52 – S$16.00 |
What this means: the operating engine is growing, but the base dividend is being held deliberately flat. Keppel is choosing to return capital through special payouts funded by asset sales — which makes the predictability of that sales pipeline the single biggest variable for the share price.
Keppel share price: the pros and cons
Upsides
- Net profit up 25% to S$530 million; the core engine is compounding.
- Interim dividend held at S$0.15, and management has signalled special dividends are possible from the ~S$560 million asset-sale proceeds.
- Consensus Buy rating from all 15 tracked analysts, with an average target of S$12.84.
Downsides
- The stock trades above its 52-week band, so much of the good news is already in the price.
- The analyst range runs from S$9.52 to S$16.00 — a spread wide enough to make the average target almost meaningless.
- The base dividend did not grow despite a profit jump; future income growth depends on special payouts that Keppel has not yet confirmed.
The balance of evidence leans positive, but the price already reflects it. New buyers need the special dividend to materialise to justify the current quote.
Timeline: what has moved Keppel shares
Two dates are already locked in, and the sequence below shows how the stock’s story has unfolded in 2026.
- 1H 2026 earnings release (30 July 2026): net profit S$530 million, +25% year on year — the catalyst behind the latest move in BN4.
- By end-June 2026: ~S$560 million of non-core asset monetisation completed and realised.
- : ex-date for the S$0.15 interim dividend (per MarketScreener’s calendar).
- : book-closure date for the interim dividend.
- : payment date.
The next milestone is the FY2026 final dividend, expected after the full-year results, alongside any special dividend funded by remaining asset sales.
Why this matters: the market now has a clean line of sight to the payout dates. The uncertainty sits later in the cycle — at the size of the final dividend, not the timing.
Confirmed facts vs what’s still unclear
Separating verified numbers from open questions is the fastest way to decide what to do at the current price.
Confirmed facts
- Keppel Ltd. reported 1H 2026 net profit of S$530 million, up 25% year on year, excluding its Non-Core Portfolio for Divestment (Keppel Ltd.).
- The 1H 2026 interim dividend is S$0.15 per share, unchanged from the comparable 2025 interim (Keppel Ltd. investor relations).
- Book closure is 12 August 2026; payment is 21 August 2026 (Keppel’s 1H 2026 financial statements).
- The dividend is tax-exempt under Singapore’s one-tier system (Keppel’s 1H 2026 financial statements).
What’s unclear
- Whether the FY2026 final dividend will rise, hold, or be supplemented by a special payout.
- How much of the ~S$560 million non-core monetisation will ultimately be returned to shareholders.
- Whether the analyst target range will narrow once further asset sales close.
- Whether the stock can hold its position above the 52-week band through the next earnings cycle.
- Whether the wide consensus range (S$9.52 – S$16.00) reflects genuine disagreement or slow-moving legacy targets.
The honest read: the confirmed list is longer than it was a year ago, but the unresolved items are exactly the ones that will set the share price in the next two quarters.
What analysts and management are saying
Two voices matter most for BN4 right now: management’s, on capital returns, and the Street’s, on target prices.
“Keppel said it had completed and realised approximately S$560 million of non-core asset monetisation by end-June 2026, and indicated that part of the proceeds could fund special dividends for the full year.”
— Keppel management, per Yahoo Finance’s earnings summary
“The consensus across 15 analysts is a Buy rating, with an average price target of S$12.84 and a median target of S$13.00.”
— Analyst consensus, per Stock Analysis’ consensus tracker
Neither voice is neutral, and that is the point: management wants to signal discipline, analysts want to see growth. The stock is trading between those two expectations.
What this means for investors
Keppel in 2026 is a different trade from Keppel a few years ago. The conglomerate discount story is being retired in favour of an asset-light model, and the market has already marked BN4 up accordingly. What is left to prove is discipline: whether the ~S$560 million in non-core monetisation turns into shareholder returns, and whether the final dividend confirms a pattern of stable payouts. For investors weighing a position at S$10.10, the choice is clear: buy only if you believe the asset-sale pipeline keeps funding returns — or wait for the FY2026 final payout to confirm the pattern before committing more capital.
Frequently asked questions
What is the dividend yield of Keppel Corp?
The S$0.15 interim dividend alone equals about 1.5% of the S$10.10 price. Adding the S$0.19 final dividend and S$0.02 special payout listed for the prior cycle on MarketScreener’s dividend calendar puts the indicated trailing yield at roughly 3.6%.
When is the ex-dividend date for Keppel’s interim dividend?
MarketScreener’s calendar lists 11 August 2026 as the ex-date. Keppel sets the book-closure date at 12 August 2026, meaning buyers after that date are not entitled to the S$0.15 interim payout; payment follows on 21 August 2026.
Does Keppel have any upcoming corporate actions?
Yes: the interim dividend books close on 12 August 2026, with payment on 21 August 2026. Later in the cycle, Keppel is expected to declare a final dividend for FY2026, and management has indicated that part of its non-core asset monetisation proceeds could fund special dividends.
What is the SGX ticker for Keppel?
Keppel Ltd. trades on the Singapore Exchange under the ticker BN4.
How is Keppel Infrastructure Trust related to Keppel Ltd?
The trust is a separately listed business trust sponsored by the Keppel group and managed by Keppel’s asset management arm. It is not the same entity as Keppel Ltd, and its distributions follow the trust’s own policy.
Is Keppel the same as Keppel Corp?
Yes. Keppel Corporation Limited now operates as Keppel Ltd. The rename accompanied the group’s restructuring around an asset-light model; SGX ticker BN4 is unchanged.