---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000975729.md"
description: "Iggy's Journal: Keppel's Core Profit Rose Over 20% and Group Profit Fell 40%. What the Dividend Rests OnSat 7 Nov 2026 | AfternoonThe NumbersKeppel's core profit rose over 20%, while group profit fell 40%. Gross asset value fell 4%. The trailing ordinary dividend is S$0.34, which is a 3.37% yield at S$10.09 (as at [date]). Two sales are still to complete: the six-rig sale, targeted for end-2026, and Keppel South Central, targeted for the second quarter of 2027. $Keppel(BN4.SG) My Personal TakeIf the ordinary dividend follows the earnings that rose, why should a shareholder care about the profit that fell 40%? That is the uncomfortable question I started with. It leaves me with two more. Are the ordinary payout and any special payout funded from the same place, and what has to happen before the two sales above are done? I am not putting a verdict on the shares here. The free video and the Substack piece walk through it, and the Members Edition goes further.📺 Free YouTube: https://youtu.be/A7-tmX2xEwE⭐ Members Edition YouTube: https://youtu.be/hPetNc0r54Y📩 Substack: https://investingiguana.com/p/ep1901-keppels-core-profit-rose-overCheers,Iggy 🦖Not financial advice. Iggy's Forensic Compliance Standards apply."
datetime: "2026-11-07T10:55:06.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000975729.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000975729.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000975729.md)
author: "[TheInvestingIguana](https://longbridge.com/en/profiles/22116548.md)"
generator: "portal-rs"
---

# Iggy's Journal: Keppel's Core Profit Rose Over 20%…


### Related Stocks

- [BN4.SG](https://longbridge.com/en/quote/BN4.SG.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**