In 2022, ASB will distribute 4.60 cent per unit.
Despite the country’s economic growth of 5.00%, 8.90%, and 14.20% in the first three quarters, the stock market has yet to recover and remains at a low point. ASNB’s dividends are relatively low, and ASB’s dividends are declining as well.
In 2022, ASB will pay out 4.60 sen (3.35 sen + 1.25 sen), down from 5 sen last year. This year, however, ASB offers an additional benefit of 0.50 cents, which means that users who own the first 30,000 units of ASB will receive a 0.50 cent dividend.
As the ASB Trust Fund announces dividends, many people are concerned about how much ASM, ASM 2 Wawasan, and ASM 3 that the Chinese can purchase will be distributed in 2023. This year’s dividends for these three funds are 4 sen, 3.75 sen, and 3.75 sen.
The dividends of ASM, ASM 2 Wawasan, and ASM 3 are expected to be between 3.75 and 4.25 sen in 2023, which is already lower than the current Promotional FD, so many people are turning to fixed deposits to invest their money.