By 9M2022, Keppel had announced monetisations of S$4.4 billion worth of assets and is on track to exceed its target of S$5 billion by end-2023.
Last special dividend of S$0.05 in FY 2018!
Next one in FY 2022 after 4 yrs?
Just return 5% or 10% of $4B i.e. $200M or $400M to shareholders is $0.112 or $0.224 per share in special dividend. :-)
CW,
ReplyDeleteMonetisation = Selling?
More selling, more dividends ;)
You are right! Selling to earn more and return more to shareholders. LOL!
Delete