Kep Corp - Big Pay Day. Thank you!

Final Dividends and Listing of K-Green Trust


With the good results, the Board of Directors would be recommending a total distribution to shareholders of 61 cents per share for the whole year. This will comprise the interim dividend of 15 cents per share, a proposed final dividend of 23 cents per share, and a proposed dividend in specie in units in our K-Green Trust, equivalent to 23 cents per share.

We are proceeding with the listing of our K-Green Trust, which will optimise returns from our Infrastructure assets. The Trust was established last year with the Senoko Waste-to-Energy Plant as seed asset. We will be injecting two additional assets in Singapore into the Trust, which after listing, will aim to generate long-term, regular and predictable distributions to Unitholders

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My full year dividend yield = 5.3% (interim $0.15) + 8.1% (final $0.23) = 13.4%

Another proposed dividend in specie in units in  K-Green Trust, equivalent to 23 cents per share. The Proposed Distribution will be effected by way of a dividend in specie to Entitled Shareholders on the basis of 1 KGT Unit for every 5 Shares held by an Entitled Shareholder,


Indeed a very good year for loyal shareholder. Thank you, Keppel Corp for creating shareholder value.