Kep Corp's dividend history

Net profit improved 141% to S$751 million, compared to 1Q 2011's S$312 million. Lumpy net profit due to recognition of earnings from homes sold under deferred payment scheme at Reflections at Keppel Bay.

Looking at Kep Corp's past record of returning excess cash back to shareholders, I will not be surprised at receiving special dividend in 2012 for rewarding loyal shareholders for their years of patience waiting for this deferred payment from Reflections at Keppel Bay!