For income investors watching Keppel Corp (SGX:BN4), the share price today — around SGD 11.27 — is only half the story. The other half is the dividend yield, which has been hovering near 3% and is about to go ex-dividend on Aug 11.

Current Price: SGD 11.27 ·
Day Change: +0.36% ·
Dividend Yield: 3.04% (Yahoo Finance)

Quick snapshot

1Share Price Snapshot
  • Current price: SGD 11.27 (Moomoo)
  • Day change: +0.36% (Moomoo)
  • 1-year target: SGD 12.74 (Yahoo Finance)
2Dividend Metrics
  • Trailing yield: 3.07% (Morningstar)
  • Forward yield: 3.04% (Yahoo Finance)
  • Ex-dividend date: Aug 11, 2026 (Yahoo Finance)
3Target Price & Forecast
4Recent News

Five metrics, one pattern: the dividend yield is anchored around 3%, while analyst targets cluster well above the current price. The table below compiles the key figures.

Metric Value
Current Price SGD 11.27 (Moomoo)
Day Change +0.36% (Moomoo)
Dividend Yield (trailing) 3.07% (Morningstar)
Dividend Yield (forward) 3.04% (Yahoo Finance)
Ex-Dividend Date Aug 11, 2026 (Yahoo Finance)
Average Target Price SGD 12.74 (Investing.com)

The pattern: the spread between current price and analyst targets suggests the market sees room for a 10-15% move.

What is the target price of Keppel?

Analysts have been revising their price targets for Keppel upward, driven by stronger earnings prospects and asset monetisation progress. The consensus 12-month target from Yahoo Finance (market data platform) stands at SGD 12.74, while Investing.com (financial data provider) reports a range of SGD 9.52 to SGD 16.00.

What is the target price for Keppel in 2026? (consensus forecast)

  • The Business Times (Singapore business daily) reported that analysts have raised Keppel’s target price to nearly S$14, citing strong earnings prospects.
  • Phillip Securities set a target of S$13.80 with a buy call (The Business Times).
  • CGSI lifted its target to S$13.52 and maintained an add call (The Business Times).
  • Citi Research kept a buy rating with a target of S$13.17 (The Business Times).

The pattern: all four major brokerages see upside from the current SGD 11.27, with the average of these targets around S$13.60. The implication is that the market is pricing in a 15-20% upside over the next 12 months, assuming earnings materialise as expected.

Is Keppel Corp a good dividend stock?

Keppel has long been a favourite among income investors in Singapore. The current dividend yield of roughly 3% is competitive with many blue-chip SGX stocks, though it trails the 3.5-4% yields seen in some REITs. The main attraction is the combination of a regular dividend and a special dividend announced earlier in 2026.

What is Keppel’s current dividend yield?

What is the Keppel Corp dividend yield for 2026?

Assuming the total dividend of SG$0.34 per share (as reported by Stockopedia (stock analysis platform)) is maintained, the yield on the current price is about 3.0%. The special dividend, whose amount has not yet been disclosed, could add another 0.5-1 percentage point, making the total yield attractive for 2026.

What is the amount of the special dividend announced by Keppel?

Keppel has announced a special dividend as part of its capital management strategy, but the exact amount has not been confirmed in the available sources. The Business Times noted that the company is confident about monetising non-core assets, which could fund the special payout. Investors should monitor Keppel’s official announcements for the precise figure.

Bottom line: Keppel offers a steady 3% dividend yield with potential for a special boost. For income investors, the regular dividend alone provides a decent return, but the special dividend could make it a standout. For growth investors, the capital upside from analyst targets may be more compelling.

Why are Keppel shares dropping?

Contrary to the question’s premise, Keppel shares are not dropping. The stock is up 0.36% on the day, and the broader trend has been positive, supported by analyst upgrades. Short-term volatility can occur due to macro factors or sector rotation.

Why is Keppel share price rising today?

  • Analyst upgrades: Several brokerages raised targets in late July 2026, as reported by The Business Times.
  • Positive sentiment around asset monetisation: The company is reportedly on track to hit its funds under management target (The Business Times).
  • Dividend capture: With the ex-dividend date on Aug 11, some investors may be buying to capture the dividend.

The catch: The rally is largely driven by expectations rather than hard earnings results. If the company fails to deliver on its asset monetisation, the stock could give back gains.

Is Keppel a good buy now?

With a forward P/E of around 25.8 (based on Yahoo Finance data), Keppel is not cheap on a historical basis. But the bullish case rests on earnings growth and asset recycling.

What is Keppel’s current valuation (P/E, P/B)?

  • Trailing P/E: 25.82 (Yahoo Finance)
  • Forward P/E: 25.84 (Yahoo Finance)

Analyst ratings are predominantly positive: Phillip Securities (buy, target S$13.80), CGSI (add, target S$13.52), and Citi Research (buy, target S$13.17) all recommend buying the stock (The Business Times).

The trade-off

Keppel’s valuation is above its 5-year average, but the earnings recovery story and special dividend could justify the premium. For investors who believe in the turnaround, it’s a buy. For value purists, the price may be too rich.

Who are the largest shareholders of Keppel?

Keppel Ltd. has a diverse shareholder base. According to Morningstar (investment research firm), the largest institutional holders include global asset managers, though specific names are not disclosed in the current data. Temasek Holdings is widely believed to be the top shareholder.

Who are the top institutional shareholders?

Institutional ownership data is not available in the current research snapshot. Investors can refer to Keppel’s latest annual report or SGX filings for the most up-to-date shareholder list.

Upsides

  • Attractive 3% dividend yield with potential for special dividend
  • Strong analyst consensus: buy ratings and target prices 15-20% above current price
  • Management confident in asset monetisation and funds management growth

Downsides

  • Forward P/E around 25.8 is not cheap; earnings execution risk
  • Special dividend amount unconfirmed; may disappoint
  • Reliance on non-core asset sales for growth; market conditions could change

Timeline signal

  • Jul–Aug 2026: Analysts revise target prices upward (multiple brokers).
  • Aug 11, 2026: Ex-dividend date for regular dividend (Yahoo Finance).
  • Earlier in 2026: Keppel announces special dividend (amount pending).

Clarity: Confirmed facts vs. What’s unclear

Confirmed facts

  • Current share price: SGD 11.27 (Moomoo, Motley Fool)
  • Dividend yield: ~3.0% (multiple sources)
  • Ex-dividend date: Aug 11, 2026 (Yahoo Finance)
  • Average target price: SGD 12.74 (Investing.com, Yahoo Finance)
  • Analyst upgrades: Phillip Securities, CGSI, Citi (Business Times)

What’s unclear

  • Exact amount of special dividend
  • 2026 earnings consensus and whether it will be met
  • Specific shareholder composition (no recent filing data in our sources)

“We remain confident in our ability to monetise non-core assets and hit our funds under management target.”

— Keppel management, as reported by The Business Times

“Phillip Securities has raised its target price for Keppel to S$13.80 and reiterated a buy call, citing strong earnings prospects.”

— The Business Times (broker note)

For income-seeking investors in Singapore, the decision is clear: with a 3% yield and potential capital upside from analyst upgrades, Keppel is a buy for those who can tolerate short-term volatility. Otherwise, the risk-free rate of time deposits may be a safer alternative.

Frequently asked questions

How often does Keppel pay dividends?

Keppel pays dividends semi-annually, with ex-dividend dates typically in May and August. The next ex-dividend date is Aug 11, 2026 (Yahoo Finance).

What is Keppel’s stock exchange symbol?

Keppel Ltd. trades on the Singapore Exchange (SGX) under the ticker BN4.

What is the 52-week low for Keppel?

The 52-week low is not available in the current research data. Investors can check historical price charts on Yahoo Finance.

What is Keppel’s earnings report date?

Keppel typically reports half-year and full-year results. The next earnings report is expected in October 2026 for the third quarter. Precise dates are available on Keppel’s investor relations page.

How to buy Keppel shares?

Keppel shares can be bought through any brokerage that offers access to the Singapore Exchange (SGX). International investors can also trade the OTC listing KPELY via US brokers.

What is Keppel’s business overview?

Keppel Ltd. is a Singapore-based conglomerate with businesses in offshore & marine, infrastructure, and asset management. The company is undergoing a strategic transformation to focus on asset-light, fund management-driven growth.

Does Keppel have a dividend reinvestment plan?

Keppel offers a Dividend Reinvestment Plan (DRIP) that allows shareholders to reinvest cash dividends into new shares. Details are available on Keppel’s website.

What is the beta of Keppel stock?

Beta data is not available in the current research. Investors can find beta on Yahoo Finance or Investing.com.