On the back of Keppel's strong performance and reflecting confidence in the Company's growth trajectory, the Board of Directors has proposed a final cash dividend of 19.0 cents per share for fiscal year 2023, which would be paid to shareholders on 8 May 2024. The final cash dividend is higher than last year's final dividend of 18.0 cents per share. Together with the interim cash dividend of 15.0 cents per share paid in August 2023, shareholders would be receiving a total cash dividend of 34.0 cents per share for the financial year 2023.

This translates into a cash dividend yield of 4.7% based on Keppel's closing share price of SGD 7.16 last evening. The proposed final dividend, when approved at the annual general meeting to be held on 19 April 2024, will be paid to shareholders on 8 May 2024.