As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Click to email CW8888 or Email ID :

Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down

Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Tuesday, 26 January 2010

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


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.

No comments:

Post a comment

Related Posts with Thumbnails