Oh my goodness, the dividend rate and bonus rate for your ASB investment is so-and-so percent! That’s great! So… What does it mean actually? How much are you actually getting? How do you calculate that?
Alright, two of the main components of returns from Amanah Saham Bumiputera (ASB) are the DIVIDENDS and the so called BONUS. Always, Permodalan Nasional Berhad (PNB), will release announcements of the dividend and bonus rates in the media towards the end of the year. Remember that the rates are annual rates. Now, let’s learn on how to ACTUALLY make sense of these rates.
Calculating Dividend
The formula is:
Annual Dividend Rate/12 Months X Average monthly balance for the year
Example:
Say, Dividend rate = 10%, Average monthly balance for the year= RM10,000
So, (10% / 12) X RM10,000 = RM83.33Take note that the RM83.33 is the monthly dividends. The annual dividend would then be approximately RM999.96.
N.B. = The actual dividends received might differ to a certain degree.
Calculating Bonus
The formula is:
Annual Bonus Rate/12 Months X Average monthly balance for the past 10 years
Example:
Say, Bonus Rate = 1%, Average monthly balance for the past 10 years= RM5,000
So, (1%/12) X RM5,000 = RM4.17Take note that the RM4.16 is the monthly bonus. The annual bonus for that year should be around RM50.04.
N.B. = The actual bonus received might differ to a certain degree.
Total ASB Returns
The formula is:
Dividends + Bonus
Say, for that year, dividends = RM999.96, bonus= RM50.04
So, total returns = RM999.96 + RM50.04 = RM1,050.00
Calculating Average Monthly Balance
If you were wondering how to calculate the monthly balance, say:
Jan= RM10,000
Feb= RM8,000
Mar= RM12,000
Apr= RM13,000
May= RM7,000
Jun= RM9,000
Jul= RM11,000
Aug= RM10,000
Sep= RM10,000
Oct= RM12,000
Nov= RM8,000
Dec= RM10,000
Add them all up and divide by 12, you’ll get the average monthly balance of RM10,000.
P.S. If you think that these calculation methods are wrong, do share in the comments’ section below. Cheers everyone.
Go to HOME
Go to SITEMAP
Go to DISCLAIMER
Other related posts:
– ASB : Amanah Saham Bumiputera
– ASD: Amanah Saham Didik
– Borrow to Invest : ASB Loan Part 1
– Risk Tolerance Level
– Risk Tolerance Level: Part 2
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
