Latest Keppel Corp Share Price SGX: 2026 Dividends & Yield

Anyone who tracks Singapore blue chips has been asking the same question: how much of Keppel’s climb is the stock, and how much is the dividend? Keppel Ltd wrapped up FY2025 with a proposed total distribution of about S$0.47 per share — a 38% jump from the year before, according to Keppel’s FY2025 results announcement (company release) — and the same release puts the yield at 4.3% of the S$10.95 close. What matters is knowing which numbers are firm and which are still open; that’s the difference between a clean dividend and a surprise.

Latest trade price: SGD 10.10 (Yahoo Finance) · Previous close: SGD 10.05 (Bloomberg) · Day range: SGD 9.95 – 10.04 (Bloomberg) · Market capitalization: SGD 17.968 billion (Bloomberg) · 52-week range: SGD 5.94 – 8.86 (Yahoo Finance)

Twelve fundamentals, one pattern: Keppel’s official dividend figures are consistent, while the live price still depends on which data feed you open.

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

What is the current share price of Keppel Corp (BN4)?

• Latest trade price: SGD 10.10 — Yahoo Finance feed for BN4.SI
• Previous close: SGD 10.05 — Bloomberg
• Day range: SGD 9.95 – 10.04 — Bloomberg
• Keppel’s own reference price: S$10.95 close on 2026-02-04, cited in Keppel’s FY2025 results announcement (company release)

Notice the gap between feeds. Yahoo’s latest trade of SGD 10.10, Bloomberg’s day range of SGD 9.95–10.04 and Keppel’s own reference close of S$10.95 are point-in-time numbers captured at different moments. The company-cited price is the most reliable anchor because it appears in the FY2025 results filing next to the dividend figures.

Yahoo’s 52-week range of SGD 5.94–8.86 does not reconcile with a double-digit price, so treat that range as stale or computed over an earlier period. For a daily snapshot, check your broker’s quote at market open rather than a cached widget.

What is the dividend yield for Keppel Corp in 2026?

• 4.3% — Keppel’s reported yield based on the S$10.95 closing price on 2026-02-04 (Keppel FY2025 results)
• 4.5% — gross distribution yield in Keppel FY2025 Financial Review, based on S$10.35 at 2025-12-31
• ~4.7% — your effective yield if you buy at Yahoo’s SGD 10.10 quote and receive the S$0.47 total distribution

All three figures describe the same S$0.47 distribution at three different prices. The yield is not set by Keppel; it is set by the price you pay. Official releases put the total distribution at 4.3% of the S$10.95 close, while the Financial Review’s gross yield of 4.5% used the 2025-12-31 price of S$10.35. Divide S$0.47 by today’s price and you get the current yield in seconds.

For 2026, the firm base is FY2025’s ordinary cash dividend of S$0.34 plus a special around S$0.13. Any estimate beyond that is open until FY2026 dividends are declared. Keep the base case near 4.3–4.7% and treat upside as dependent on the asset-sale pipeline.

The implication: the yield is price-sensitive, so watch the buy price rather than the headline percentage.

Why did Keppel Corp share drop?

If you searched this question, you probably saw a red number on a screen. The covered filings do not show a company-triggered crash in the recent period; they show a stock that moves around the dividend calendar, and there is a mechanical reason that feels like a loss but isn’t one.

What recent events affected Keppel Corp’s share price?

• FY2025 results released in early February 2026 proposed a total distribution of S$0.47 per share, up 38% from FY2024 (Keppel FY2025 results)
• The same release referenced a closing price of S$10.95 on 2026-02-04 (Keppel FY2025 results)
• The FY2025 Financial Review used S$10.35 as the 2025-12-31 share price (Keppel FY2025 Financial Review)

Those three data points trace an upward price path into early 2026, not a collapse. When Keppel trades ex-dividend, the share price is adjusted downward by roughly the value of the distribution because the entitlement detaches from the share. With the S$0.19 final ordinary dividend and the special distribution pending, expect that step-down once the ex-date arrives — that’s the dividend arriving, not money lost.

A news-driven drop would leave footprints in Keppel’s announcements, and the covered filings show none in this period. When a price dips, check the calendar first; if no corporate announcement explains it, the move is most likely market flow around yield, not a Keppel-specific problem.

How does the market sentiment impact the stock?

Markets reprice BN4 in two distinct gears. The operating gear is tied to earnings and asset-sale news; the income gear is tied to the dividend calendar and the yield on offer. Because Keppel’s reported yield sits between 4.3% and 4.5%, income demand tends to support the stock into ex-dividend dates — and that demand disappears right after the ex-date, which is exactly when the price steps down.

What is Keppel’s latest dividend amount?

What was the last dividend declared?

• FY2025 final ordinary cash dividend (proposed): S$0.19 per share (Keppel FY2025 Financial Review)
• FY2025 interim ordinary cash dividend: S$0.15 per share (Keppel Annual Report 2025 Chairman’s Statement)
• FY2025 special distribution (proposed): approximately S$0.13 per share — S$0.02 cash plus one Keppel REIT unit for every nine Keppel shares (Keppel FY2025 results)

That makes the full FY2025 package S$0.34 of ordinary cash plus a special around S$0.13. The special is the part that surprises people: it pays partly in Keppel REIT units, not cash. Keppel valued the in-specie portion at approximately S$0.11 per Keppel share, using Keppel REIT’s closing price of S$0.98 on 2026-02-03, and tied the special to 15% of the S$1.6 billion of monetisation transactions completed in FY2025.

The final dividend and special distribution still require shareholder approval at the AGM. Treat “S$0.47 total” as the board’s proposal, not money already in your account.

How does it compare to previous dividends?

• FY2021: 33 cents total — Dividends.sg (third-party dividend database)
• FY2022: 33 cents total — Dividends.sg
• FY2023: 270 cents total — Dividends.sg (figure stands out; verify against the FY2023 annual report)
• FY2024: 34 cents total — Dividends.sg
• FY2025: 47 cents total (proposed) — Dividends.sg, consistent with Keppel’s S$0.47

Keppel’s own comparison is cleaner: FY2025 total distribution up 38% from FY2024 (Keppel FY2025 results), with the ordinary cash dividend at S$0.34 and the special riding on top. The third-party series adds history — 33 cents in FY2021 and FY2022, 34 cents in FY2024 — plus one outlier: 270 cents recorded for FY2023, far above the other years and probably reflecting a special capital return. Treat that number as a flag to verify, not a level to plan around.

Keppel reported the ordinary dividend at a 56% payout ratio of New Keppel net profit (Keppel Annual Report 2025 Chairman’s Statement). That ratio, not the cents figure, is the sustainability number: it ties ordinary dividends to actual earnings, while the special stays tied to asset-sale proceeds. The implication: build an income plan on S$0.34, treat the S$0.13 as upside, and re-check the payout ratio each reporting season.

The pattern: ordinary dividends are earnings-backed, specials are asset-sale dependent, and the total can swing based on the monetisation pipeline.

What are the dividend dates for the year 2026?

This question gets the short answer first: the key dates for the FY2025 final dividend and special distribution have not been announced yet. What follows is what is known and how the SGX calendar normally works.

What is the next ex-dividend date?

What is already on the record: the FY2025 results came out in early February 2026 and proposed the S$0.19 final ordinary dividend plus the special distribution. The S$0.15 interim dividend was the first half of the ordinary payout. Once Keppel releases the AGM date, the ex-date, record date and payment date will appear in a single SGX filing — bookmark that filing.

To receive the final dividend, buy BN4 at least one trading day before the ex-date. Trading on the ex-date itself means the share price already reflects the deduction of the dividend and you are not entitled to it.

When is the payment date?

• AGM approval — shareholders vote on the FY2025 final dividend and special distribution
• Ex-date — the first trading day the share trades without entitlement
• Record date — the ledger close that determines who gets paid
• Payment date — cash and Keppel REIT units are credited to CDP or custodian accounts
• Special distribution — one Keppel REIT unit per nine Keppel shares held, plus S$0.02 cash

Once announced, the four dates typically span a few weeks, with payment landing about two to four weeks after the ex-date. CDP holders receive entitlements directly; custodian and nominee accounts typically add a day or two of processing.

Two items belong on your 2026 checklist: the AGM notice, which carries all four dates, and your broker’s corporate actions page, which shows the actual credit. Both reflect the same numbers Keppel files on SGX.

The catch: without the ex-date, any yield calculation using today’s price is an estimate, not the actual return you’ll get.

What is the latest news on SG stock?

What corporate announcements has Keppel made?

• FY2025 results (early February 2026): total distribution proposed at approximately S$0.47 per share, up 38% from FY2024 (Keppel FY2025 results)
• Special distribution policy: 15% of completed monetisation transactions returned to shareholders; S$1.6 billion monetised in FY2025 (Keppel FY2025 results)
• Ordinary dividend payout ratio: 56% of New Keppel net profit (Keppel Annual Report 2025 Chairman’s Statement)
• Corporate name: Keppel Ltd, formerly Keppel Corporation (Keppel Ltd Share Information)

The announcements tell a consistent story: ordinary dividends grow with earnings, and the company returns a slice of asset-sale proceeds on top. The 38% increase in total distribution is the headline; the 56% payout ratio is the guardrail that keeps ordinary dividends inside what profit can support.

How is Keppel’s stock performing relative to SGX?

Do not compare one day’s red or green against the STI — that measures noise, not performance. The informative comparison is internal: the 4.3–4.5% reported yield against the 56% payout ratio shows the yield is earnings-backed, while the small S$0.02 cash leg of the special shows the special itself is mostly unit-based. The trade-off: BN4 is effectively two positions in one ticker — the operating company plus a distribution stream tied to Keppel REIT’s unit price.

The implication: when assessing relative performance, focus on the payout ratio and asset-sale progress, not daily price moves.

Who are the major shareholders of Keppel Infrastructure Trust?

Who are the top institutional shareholders?

• Keppel Infrastructure Trust (SGX: A7RU) is a separate listed trust; its substantial-shareholder disclosures appear in its own annual report and SGX filings.
• Keppel Ltd is part of the same group, but holding BN4 does not make you a unitholder of the trust.

The honest gap: no verified list of KIT’s major shareholders is available in the covered sources. The authoritative path is the trust’s annual report and SGX disclosures, which name substantial shareholders with percentages. For BN4 holders, the more direct relationship is the REIT one — Keppel’s special distribution pays one Keppel REIT unit per nine Keppel shares, not KIT units.

What is the ownership structure?

Keppel’s financial review valued the in-specie portion of the special at S$0.11 per Keppel share using Keppel REIT’s close of S$0.98 on 2026-02-03. On payment, eligible BN4 holders receive units directly in the ratio of one unit per nine shares held; those units trade under Keppel REIT’s own SGX ticker. Hold them and you join that trust’s register; sell them and the special becomes cash at market price.

Why this matters: “who owns what” in the Keppel ecosystem has different answers depending on which register you check — Keppel Ltd’s, KIT’s or Keppel REIT’s. For your dividend entitlement, only the BN4 register matters.

The takeaway: focus on the BN4 entitlement, not the trust’s shareholder list.

What’s confirmed and what’s still unclear

Six confirmed, seven unclear. The confirmed column is dividend mathematics — amounts, ratios, yields. The unclear column is the calendar — dates, future payouts and cross-feed price consistency. For an income decision, the math is knowable today; the timing still is not.

What the market is saying

Keppel’s proposed FY2025 total distribution is approximately S$0.47 per share, a 38% increase from FY2024.

Keppel FY2025 results announcement (company release)

The special distribution of about S$0.13 consists of S$0.02 cash and one Keppel REIT unit per nine Keppel shares, as detailed in the same Keppel release. The in-specie portion was valued at about S$0.11 per Keppel share using Keppel REIT’s closing price of S$0.98 on 2026-02-03, according to the Keppel FY2025 Financial Review. Separately, Dividends.sg reports the FY2025 total at 47 Singapore cents per share, up from 34 cents in FY2024, with FY2023 recorded at 270 cents.

The pattern: the company filings and the third-party database agree on the current year’s figure, but the FY2023 outlier remains unverified.

What this means for Keppel shareholders

Keppel enters 2026 as a yield vehicle with an industrial engine attached. The confirmed mathematics — S$0.34 ordinary cash, roughly S$0.13 special, a 56% payout ratio and a reported yield in the 4.3–4.5% band — is enough to anchor a decision. The open items are calendar-based: no ex-date, no payment date, no FY2026 figure. For income investors on SGX, the choice is clear: buy BN4 before the next ex-date to secure the S$0.19 final plus the special distribution, or wait for AGM confirmation and risk buying after the dividend has already been priced in.

Related reading

• Keppel Corp Share Price SGX 2026: BN4 Analysis & Forecast
• Keppel Corp Share Price SGX: BN4 Analysis & Dividend Yield 2026

Both articles explore the same BN4 ticker from slightly different angles, offering additional context for income investors.

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