ASNB has 3 fixed price funds, namely ASM, ASM 2 Wawasan and ASM 3. The price per unit of these 3 funds remains at RM1.00 and is available for purchase by Chinese.
ASM, ASM 2 Wawasan and ASM 3 will announce their latest dividend payout rates in late March, late August and late September respectively. The payout rates of these 3 funds are gradually decreasing and are no longer attractive.
ASM used to pay a high dividend of 7.80 cents per unit in 2001 and 2008 respectively, ASM has paid 4.00 cents, 4.00 cents and 4.25 cents in the last 3 years, ASM used to pay an additional Bonus of 0.30 cents per unit in 2013.
ASM 2 Wawasan paid a high dividend of 7.00 sen in 2008, which is the highest dividend paid by ASM 2 Wawasan. 3 years ago, ASM 2 Wawasan paid 3.75 sen, 4.00 sen and 4.00 sen respectively.
ASM 3, on the other hand, paid a high dividend of 6.70 sen in 2013, and the lowest payout was 3.75 sen, which is in 2022.
ASM, ASM 2 Wawasan and ASM 3 have most of their funds invested in the stock market, so if the stock market continues to be sluggish in 2023, these three funds are not expected to be able to maintain an attractive dividend payout, and the payout rate in 2023 will probably remain at 3.75 sen or lower.
