ASM 2 Wawasan is paying 3.75 cents per unit, a record low dividend, so is it still worth investing in ASM 2 Wawasan?
According to the data released by the National Trust (ASNB), ASM 2 Wawasan will pay out 3.75 cents per unit in 2022. The dividend will be converted into units and remitted to investors’ ASM 2 Wawasan accounts on September 1.
ASM 2 Wawasan was formerly known as ASW 2020, which used to pay out 7 sen per unit. The dividend has been declining almost every year since then, from 6 sen in 2018, to 5 sen in 2019, to 4 sen in 2020 and 2021, and to 3.75 sen in 2022.
Here comes the point, ASM 2 Wawasan’s dividend has dropped to 3.75 sen, do you think it is still worth investing? Before considering this question, you must know what kind of investor you are, such as low risk investor, high risk investor, long term investor or short term investor.
If you belong to a low-risk investor who does not want to trade frequently and just want to get a steady interest every year, then ASM 2 Wawasan is definitely still suitable for you. Because the current dividend payout of ASM 2 Wawasan is still higher than the interest rate of time deposit. The current 12-month regular time deposit rate is 2.35% p.a., while the maximum time deposit offer is only 3.20% p.a.
If you are one of those investors who are willing to take high risks and seek high yields, ASM 2 Wawasan is definitely not for you. Such investors can choose to invest directly in the stock market, virtual currencies or real estate.
Simply put, if you can find a lower risk investment with a higher yield than 3.75%, then you can decisively withdraw from ASM 2 Wawasan. Instead, ASM 2 Wawasan can be a platform for you to diversify your risk and park your money temporarily.
