23-01-2015, 09:30 AM
I am actually quite positively surprised that based on the announced higher FY14 Final dividend of $0.36/share, Keppel at the last done share price of $8.10 now has a near-term dividend yield of 4.44%.
Assuming Keppel would continue paying an Interim dividend (last FY14: $0.12/share), the derived annual dividend yield would come to high 5.9%. This is very attractive for a proven SG GLC blue-chip!
So it looks like Keppel may be grossly under-priced!
Assuming Keppel would continue paying an Interim dividend (last FY14: $0.12/share), the derived annual dividend yield would come to high 5.9%. This is very attractive for a proven SG GLC blue-chip!
So it looks like Keppel may be grossly under-priced!