One dividend share that looks really interesting to me right now is Keller Group (LSE: KLR). It may not have the highest yield in the market, but the company’s benefitting from the artificial intelligence (AI) boom and its share price is rising as a result.

Is it worth considering for a Stocks and Shares ISA or Self-Invested Personal Pension (SIPP)? I think so – here’s why.

An under-the-radar AI play

Keller’s the world’s largest geotechnical specialist contractor. In simple terms, it specialises in getting ground ready to build on.

A diversified business, it operates across a range of industries including commercial (eg data centres), infrastructure, power, and industrial. While it’s a global operator, about 60% of its revenues come from the US.

Now, at present, the US is in the midst of a ‘mega project’ construction boom. Driven by the AI revolution, the energy transition, and federal legislation, businesses are building data centres, chip manufacturing plants, nuclear plants, and more.

This backdrop’s driving growth for Keller. Last month, the group said trading has been strong in 2026 so far, particularly in North America.

A high-quality business

Looking beyond this growth theme, there’s a lot to like about this company from an investment perspective. Its financials look strong.

For example, return on capital employed (ROCE) – a key measure of profitability – is high. Last year, it was 30.7%.

Note that companies with high ROCEs and a source of growth often get much bigger over time. That’s because they are able to reinvest profits at a high rate of return and compound their way to growth.

The balance sheet also looks very robust. At the end of 2025, the company had a net cash position of around £60m.

As for dividends, the company has a really good track record here. Believe it not, it’s paid a dividend every year since it came to the London Stock Exchange in 1994 (a track record that’s rare for an industrial company).

Now, as mentioned earlier, the yield isn’t super high. Currently, it’s only about 3.2%. However, dividend coverage (the ratio of earnings per share to dividends per share) is high and the payout’s growing. So we could see bigger dividends in the years ahead.

How’s the valuation?

Turning to the valuation, it’s low. Right now, the price-to-earnings (P/E) ratio here is around 10.2. At that earnings multiple, I see value on offer. In my view, there’s potential for expansion here too.

Of course, construction’s a cyclical industry (it has ups and downs). This could help to explain the low P/E ratio.

Ultimately, a severe economic downturn is a major risk with this company. In this scenario, demand for Keller’s services could dry up.

Other opportunities in the market

Given the backdrop in the US right now though, I’m bullish on this company. At the current low valuation, I believe it’s worth a closer look. That said, Keller isn’t the only dividend stock that looks interesting to me right now…

Should you invest £5,000 in Keller Group Plc right now?

When investing expert Mark Rogers and his team have a stock tip, it can pay to listen. After all, the flagship Twelfth Magpie Share Advisor newsletter he has run for nearly a decade has provided thousands of paying members with top stock recommendations from the UK and US markets.

And right now, Mark thinks there are 6 standout stocks that investors should consider buying. Want to see if Keller Group Plc made the list?

Edward Sheldon owns shares in London Stock Exchange Group