Mr Loh Chin Hua, CEO of Keppel Corporation, said, “Keppel continued to deliver strong results in the first half of 2018. Our multi-business strategy and geographical diversification have
enabled the Company to remain resilient, despite cyclical headwinds in some of our businesses.
“Taking into account the Group’s better performance, including the improvement in our cash flow and net gearing, the Board has approved an interim dividend of 10.0 cents per share for 1H 2018, higher than the 8.0 cents per share for the first half of 2017.
In addition, to thank shareholders for their trust and support on the occasion of Keppel Corporation’s 50th anniversary, we will be giving out a special dividend of 5.0 cents per share. The interim
dividend and special dividend will be paid out to shareholders on 7 August 2018.”
With the $0.15 dividend declared; Uncle8888 has achieved another milestone as long-term retail investor. A 6-bagger Yield on cost for Kep Corp!
This 6-bagger yield on cost over past 17 years has been locked in CPF OA through CPFIS refund and will continue to generate interest on total accumulated dividends for additional yield on cost:
Average yearly yield on cost over 17 years = 30%
Additional yield for CPF OA 2.5% on total accumulated dividends for next year = 13%
What you may not know behind this headline number of 6-bagger yield on cost?
Superior market timer will make superior return!
See for yourself!
Who still say market timing is not critical?