Keppel Corp Share Price SGX: BN4 Dividend & Target Price 2026

Latest close: SGD 10.13 (+0.30%) · SGX ticker: BN4 · Annual dividend per share: SGD 0.36 · Dividend yield: 3.57% · Market cap: SGD 18.39 billion · EPS: SGD 0.31

Seven data points, one pattern: the dividend rows are trailing platform figures, while Keppel’s official FY2025 release defines what shareholders actually receive (Keppel Corporation — FY2025 results release).

What does Keppel Ltd do?

What is BN4 on the Singapore Exchange?

• BN4 is the SGX ticker for Keppel Ltd, the company investors still search for as Keppel Corp.
• Yahoo Finance labels the ticker Keppel Ltd (BN4.SI); Google Finance lists it as Keppel Ltd with quote symbol SGX:BN4.
• Google Finance data also shows a market capitalisation of about S$18.39 billion, earnings per share of about S$0.31, and about 1.82 billion shares outstanding.

Keppel Ltd is the group behind the FY2025 numbers released in February 2026: New Keppel net profit of approximately S$1.1 billion, up 39% from S$793 million in FY2024 (Keppel Corporation — FY2025 results release). The FY2025 special dividend also reaches shareholders through a sister SGX-listed vehicle: one Keppel REIT unit for every nine Keppel shares held (Keppel Corporation — FY2025 financial statements).

How does Keppel Ltd relate to Keppel Corp?

• Keppel Ltd is the name shown in supplied market data for SGX ticker BN4; Keppel Corp is the name still typed into search.
• Official materials — results releases, financial statements, and the financial calendar — use the Keppel Ltd name (Keppel Corporation — financial calendar).
• The exact legal simplification date is not stated in the supplied inputs; check SGX or company filings for the effective date.

Nothing in the supplied sources says the underlying business changed. The transition visible in the data is a naming transition on official documents and market screens, and search behaviour has not fully caught up with it.

What data points identify Keppel Ltd on market-data sites?

• SGX ticker: BN4.
• Display name in market data: Keppel Ltd.
• Platform quotes at capture time: SGD 10.10 (Google Finance), SGD 10.12 (Moomoo), SGD 10.13 close (Yahoo Finance).

For anyone checking a screen, the combination of ticker BN4 plus the Keppel Ltd label is the reliable identifier. The search phrase “Keppel Corp share price SGX” and the ticker BN4 describe the same line on the same exchange.

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

Keppel share price today on SGX

• Yahoo Finance shows a close of SGD 10.13, up 0.30%.
• Google Finance shows SGD 10.10; Moomoo shows SGD 10.12.
• Keppel’s own FY2025 release cites a closing price of S$10.95 on 4 February 2026, used to compute a distribution yield of about 4.3% (Keppel Corporation — FY2025 results announcement).

The supplied platform quotes sit in a narrow band around SGD 10.10-10.13. The S$10.95 figure in Keppel’s release is a different snapshot, tied to 4 February 2026, so it should not be mixed with the platform quotes without checking dates.

Keppel dividend yield at current price

• Dividends.sg data shows annual dividend per share of S$0.36 and a yield at current price of about 3.57%.
• Keppel’s official FY2025 ordinary cash dividend totals S$0.34 per share: S$0.15 interim paid in August 2025 plus a proposed S$0.19 final (Keppel Corporation — FY2025 financial statements).
• Adding the proposed special distribution of about S$0.13 per share, the total FY2025 distribution comes to about S$0.47 per share (Keppel Corporation — FY2025 results release).

Two yields are floating around, and both are defensible so long as the numerator is clear. The 3.57% platform yield trails the S$0.36 per-share figure on market-data screens; the company’s roughly 4.3% figure is calculated on the S$10.95 close and the about S$0.47 total proposed distribution (Keppel Corporation — FY2025 results announcement). The gap between S$0.36 and S$0.34 is the difference between a trailing screen and a declared outcome.

Keppel 2026 dividend payout expectations

• The proposed final ordinary dividend of S$0.19 per share is scheduled for payment on 8 May 2026, subject to shareholder approval at the 17 April 2026 AGM (Keppel Corporation — financial calendar).
• The FY2025 final-dividend books-closure date is 28 April 2026 at 5 p.m. (Keppel Corporation — financial calendar).
• No FY2026 interim dividend has been declared in the supplied inputs; FY2026 full-year results are scheduled for 4 February 2027 (Keppel Corporation — financial calendar).

The 2026 cash calendar has one confirmed payment: the FY2025 final dividend in May. The FY2026 payout question — what the company will declare for the year ending 31 December 2026 — stays open until Keppel publishes its interim and full-year results. The company’s own calendar schedules the FY2026 full-year results for 4 February 2027 (Keppel Corporation — financial calendar).

The pattern: the dividend story has a confirmed FY2025 chapter and an unwritten FY2026 chapter; any headline that blends them is selling a projection as a fact.

What happened to Keppel Corp?

Keppel Corp vs Keppel Ltd naming

• Supplied market data labels the stock Keppel Ltd, not Keppel Corp.
• Keppel’s FY2025 financial statements and financial calendar use the Keppel Ltd name throughout (Keppel Corporation — FY2025 financial statements) (Keppel Corporation — financial calendar).
• Investors still search “Keppel Corp”; the query term is the old name, while the current display name is Keppel Ltd.

The naming change is visible in the documents themselves: the FY2025 financial statements carry the Keppel Ltd name, and the company’s materials use the same label across the results release and the financial calendar. The exact legal effective date is not in the supplied inputs, so treat the transition as document-level until an SGX or company filing supplies the date.

Corporate simplification timeline

• FY2025 results and the dividend proposal were published in February 2026 (Keppel Corporation — FY2025 results release).
• AGM scheduled for 17 April 2026 (Keppel Corporation — financial calendar).
• FY2026 financial year-end: 31 December 2026; FY2026 full-year results scheduled for 4 February 2027 (Keppel Corporation — financial calendar).

The supplied sources do not describe an operational break between Keppel Corp and Keppel Ltd. What they show is a listed entity reporting under a new name, on a defined calendar, with the same dividend machinery running through it.

What the SGX listing shows now

• Listed name in market data: Keppel Ltd; ticker: BN4.
• Market capitalisation: about S$18.39 billion; EPS: about S$0.31 (Google Finance).
• The stock remains listed on the Singapore Exchange; no delisting or ticker change appears in the supplied inputs.

The implication: “what happened to Keppel Corp” is mostly a naming story. The entity, the ticker, and the dividend flow continue under the Keppel Ltd label.

Why are Keppel Corp shares dropping?

Is BN4 actually dropping?

• The supplied Yahoo close is positive: SGD 10.13, up 0.30%.
• Platform quotes sit at SGD 10.10-10.12; no dated price series in the inputs shows a sustained decline.
• Keppel’s release records a S$10.95 close on 4 February 2026, a different snapshot from the platform quotes (Keppel Corporation — FY2025 results announcement).

The question assumes a drop. The supplied data does not support one: the most recent platform close is positive, and the quotes cluster in a narrow band. Comparing the S$10.95 close with the ~S$10.10-10.13 platform quotes without dates would create a decline that the dated sources do not confirm.

What affects a SGX dividend stock’s price?

• Interest-rate expectations, dividend announcements, and broad market flows move SGX dividend stocks; none of these is cited in the supplied inputs as a confirmed cause for BN4.
• A company release, not a search query, is the valid explanation for a confirmed price move.

For a stock like Keppel, the dividend calendar is the event calendar: books-closure dates, AGM votes, and payout announcements all matter. When a price moves, the first check is the date of the move and the announcement attached to it.

How to verify a dated share-price move

• Collect official closing prices with dates, such as Keppel’s cited S$10.95 close on 4 February 2026 (Keppel Corporation — FY2025 results release).
• Compare that with dated platform closes such as SGD 10.13 (+0.30%) before calling a decline.
• If a decline is covered, the cause must be attributed to a named source; the supplied inputs contain no such cause.

The pattern: the honest answer to “why is it dropping” is that the supplied data does not confirm a drop, and a search query is not a price chart.

What is the target price for Keppel shares?

What a target price means

• A target price is an analyst’s expectation for a stock over a stated horizon, not a company commitment.
• A usable target price carries a named broker, a publication date, and a currency.

No target price for Keppel shares was supplied in the research inputs. Any number that lacks a broker, a date, and a currency should not be treated as a target.

How target price relates to current price

• Compare the target with the current quote — about SGD 10.10-10.13 in the supplied platform data — to gauge implied upside or downside.
• Distance from target is not a buy signal; the assumptions inside the target determine whether it means anything.

The same target price looks different at SGD 10.00 than at S$10.95. The benchmark for any target is the dated price it was built against.

Target-price sources to trust

• Sell-side notes from licensed brokers covering SGX-listed Keppel Ltd, with the report date visible.
• Company announcements that cite analyst consensus; none is supplied in the inputs.

For a broader BN4 outlook, see the related analysis Keppel Corp Share Price SGX 2026: BN4 Analysis & Forecast.

The implication: a target price is a dated opinion. The absence of a supplied target is itself information: nobody in the supplied source set has put a number on Keppel’s future.

Is Keppel share a good buy?

Keppel dividend stock checklist

• Keppel pays dividends; the FY2025 ordinary cash dividend totals S$0.34 per share (Keppel Corporation — FY2025 financial statements).
• The total proposed FY2025 distribution, including the special dividend, is about S$0.47 per share, up 38% from FY2024 (Keppel Corporation Annual Report 2025 — Chairman’s statement).
• The company calculates a distribution yield of about 4.3% on its S$10.95 closing price on 4 February 2026 (Keppel Corporation — FY2025 results announcement).

For a dividend-focused checklist, the confirmed base is: S$0.34 ordinary, about S$0.13 special, payment scheduled for 8 May 2026, and a payout ratio of about 56% on New Keppel net profit (Keppel Corporation Annual Report 2025 — Chairman’s statement).

Risks to weigh

• FY2026 dividends are not declared; full-year FY2026 results are scheduled for 4 February 2027 (Keppel Corporation — financial calendar).
• The special dividend includes one Keppel REIT unit for every nine Keppel shares, so part of the distribution’s value moves with a second SGX-listed security (Keppel Corporation — FY2025 financial statements).
• No dated broker target price appears in the supplied inputs, leaving upside claims unsupported.

The risks are not about the confirmed FY2025 cash. They are about what is missing: the FY2026 declaration, a dated target price, and a named cause for any price move.

Where the evidence points

• The confirmed dividend base is the strongest part of the case, but a buy decision still needs the FY2026 payout question answered.
• Platform yield (about 3.57%) and company-calculated yield (about 4.3%) bracket the income case; the difference is the special distribution and the reference price.
• Without a dated target price, the growth case rests on analyst reports that were not part of the supplied inputs.

For the dividend dates in calendar form, see Keppel Corp Share Price SGX: BN4 Dividend Yield and Dates 2026.

Keppel share price timeline and the 2026 dividend calendar

• 3 Feb 2026 — Keppel REIT’s S$0.98 closing price is used to value the in-specie special-dividend component at about S$0.11 per Keppel share (Keppel 2025 key figures — Annual Report).
• 4 Feb 2026 — Keppel shares close at S$10.95; the proposed total FY2025 distribution yields about 4.3% at that price (Keppel Corporation — FY2025 results announcement).
• Feb 2026 — FY2025 results published; final ordinary dividend of S$0.19 and special dividend proposed (Keppel Corporation — FY2025 results release).
• 17 Apr 2026 — AGM scheduled (Keppel Corporation — financial calendar).
• 28 Apr 2026 — Books closure for the final dividend at 5 p.m. (Keppel Corporation — financial calendar).
• 8 May 2026 — Final dividend payment date, subject to shareholder approval (Keppel Corporation — financial calendar).
• 31 Dec 2026 — FY2026 financial year-end (Keppel Corporation — financial calendar).
• 4 Feb 2027 — FY2026 full-year results scheduled (Keppel Corporation — financial calendar).

The pattern: the cash calendar for 2026 is fully scheduled, and the missing piece is the FY2026 payout amount itself. Only the company can fill that gap, and its own calendar says the full-year answer lands on 4 February 2027.

What’s confirmed vs what’s unclear

Confirmed facts

• Keppel Ltd is listed on the Singapore Exchange under ticker BN4.
• The latest supplied quote cluster is about SGD 10.10-10.13, with a Yahoo close of SGD 10.13 (+0.30%).
• Keppel pays dividends; the FY2025 ordinary cash dividend totals S$0.34 per share (S$0.15 interim plus proposed S$0.19 final) (Keppel Corporation — FY2025 financial statements).
• The total proposed FY2025 distribution, including the special dividend, is about S$0.47 per share, up 38% from FY2024 (Keppel Corporation Annual Report 2025 — Chairman’s statement).
• The final dividend is scheduled for payment on 8 May 2026 (Keppel Corporation — financial calendar).

What’s unclear

• The exact FY2026 dividend payout amount and interim announcement date are not supplied; FY2026 full-year results are scheduled for 4 February 2027 (Keppel Corporation — financial calendar).
• No official or broker target price for Keppel shares is supplied.
• The cause of any Keppel share-price decline is not supplied; a dated price series is required before making that claim.
• The exact legal effective date of the Keppel Corp-to-Keppel Ltd name change is not stated in the supplied inputs.

The implication: the confirmed facts are about FY2025 cash and the near-term calendar; the open questions are about FY2026 payouts, target prices, and any price decline. Keep the two years separate when you read the next headline.

Key statements from the sources

Keppel reported FY2025 New Keppel net profit of approximately S$1.1 billion, up 39% from S$793 million in FY2024, and proposed a final ordinary cash dividend of S$0.19 per share.

Keppel Corporation — FY2025 results release

The FY2025 ordinary cash dividend totals S$0.34 per share, a payout ratio of approximately 56% on New Keppel’s net profit, and the total proposed distribution of about S$0.47 per share is 38% higher than FY2024.

Keppel Corporation Annual Report 2025 — Chairman’s statement

The proposed special dividend comprises S$0.02 per share in cash and one Keppel REIT unit for every nine Keppel shares held.

Keppel Corporation — FY2025 financial statements

What this means: the company’s own documents agree on the FY2025 numbers. The disagreement in the public conversation is not about what Keppel declared, but about what FY2026 will deliver — and that number is not in any of these statements.

What this means for investors

The BN4 story in 2026 runs on two calendars. Keppel has locked the FY2025 cash: S$0.34 ordinary, about S$0.13 special, with the final S$0.19 scheduled for 8 May 2026. What it has not locked is FY2026 — no interim amount declared, full-year results only on 4 February 2027. For a retail investor comparing SGX dividend stocks, the decision is clear: treat the confirmed FY2025 distribution as the income base, demand a dated broker target before paying up for growth, and hold extra cash until Keppel names the FY2026 dividend — or accept that the missing number is the risk you are buying.

Frequently asked questions