Amanah Saham Malaysia (ASM) and Amanah Saham Bumiputera 2 (ASB 2) has declared their latest dividends on 27 March 2025. The dividends are payable on 1 April 2025.
ASM
Its dividend is RM 0.05, equals to a dividend rate of 5.00%. It is an increase of 5.26% from 2024.
ASB 2
Its dividend in 2024 is RM 0.055, equals to a yield of 5.5%. It has increased by 4.76% from last year.
Dividend trend
To know the previous dividends of these two fixed price funds, you can refer to this page.
For ASM, four cents (2021 and 2022) is the lowest amount that this fund would pay to its investors.
As for ASB 2, its lowest dividend was 4.25 cents in 2021.
The dividend for ASM fund family is always lower than the ASB fund family.
Outlook
The benchmark that ASM and ASB 2 use to compare its performance with is the Maybank 12-Month Fixed Deposit, which has a return of 2.56% (previous year: 2.84%). However, I am using KLCI as the benchmark. In 2024, KLCI had a return of 12.90% (2023: -2.73%). Thus, both funds underperformed KLCI. Nonetheless, these funds are now able to provide dividend of at least 5%. Going forward, I think they should be able to maintain this dividend rate, barring a global downturn.
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Disclaimer: This post is for informational purpose only. You should use judgment and conduct due diligence before taking any action or implementing any plan suggested or recommended in this article.
