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ASB announces dividend & bonus

If you haven’t read around yet, then let me be the one to spill the news to you. This year, ASB has announced 8.00 cent dividend and 1.00 cent bonus. Yep – which other trust funds you know that pays that much (besides LTAT)? I’m kinda already counting my returns this year, and although i wasn’t exactly sure yet, but it’s enough for me to buy bodybuilding supplements for a few years stock. And not that i need it, though :)

Like i used to write (perhaps in one of my related posts below), start saving as that’s the sure-fire way of making money. And with loan schemes offered by banks to help you save, it’s even better. Just don’t think much about how much you are paying the banks for interest – banks need profits too – think of how much you could made in dividends every year, and that dividend would eventually be bearing more dividend in the year to come.

Just think – RM100,000 investment in ASB, and just flat 8% dividend a year. I leave it for you to figure it out :)

Posted in ASB.


2 Responses

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  1. linda says

    Hi. nice place u’ve got here.

    ermm.. 1 quest. Is it possible to get more than 1 loan (different bank) for ASB scheme? i.e: take a loan from CIMB and at the same time another loan from Maybank?

    quest 2. Do u have any info on which bank offers the lowest interest for ASB schemes? I heard that CIMB offers better than Maybank (ohh..pardon me if fault, i heard from a friend while having teh tarik). Any other bank offering this loan scheme?

    Regards.

  2. ashotiwoth says

    hi linda – thanks for dropping by.

    for quest 1 – i think u should be able to lah – but would you really wanna do that? :P

    as for quest 2 – i don’t have the info on who’s giving the lowest interest. I just know that Maybank, CIMB & RHB is offering this loan scheme – there may be other banks, but so far this is the 3 that i know of :)



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