Dividend time

It’s almost that time of the year again. No, not wholesale fashion jewelry sale – although it’s Year End Sales now – but it’s the dividend for ASB time. If you haven’t noticed yet, ASB would be suspended from trading probably next week, and would be reopen for trading again in early January. And it’s about during this time that we’ll found out how much dividend and bonus we would be getting. It has been consistently above 8% for few years now, although i used to remember it hitting higher than 10% previously.

For those eligible and haven’t start investing in ASB, i suggest you start doing at the beginning of next year. At least, you’ll get full-year’s dividend rather than pro-rated. And if you have been considering to get loans for ASB, same advice applies as well. Try to get everything done before the trading got suspended