June 18, 2024

New Malaysia Times

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Tabung Haji announces 3.05% dividend worth RM2.1 billion for 2019

Tabung Haji

KUALA LUMPUR, March 13 -Tabung Haji (TH) today announced a profit distribution of 3.05% (after zakat) for the 2019 financial year ending Dec 31, 2019.

The Muslim pilgrimage fund said in a statement today that this year’s total payout would amount to RM2.1 billion.

TH last year’s record low dividend of 1.25% meant their 9 million depositors were only paid out RM913 million.

The fund also said its investments generated income worth RM3.3 billion in 2019, with RM1.2 billion raised in the fourth quarter.