TH announces 3.05% dividend

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TH announces 3.05% dividend
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The fund’s investments generated RM3.3 billion worth of income in 2019, of which RM1.2 billion was raised in the fourth quarter. FMTNews TabungHaji Dividend

Tabung Haji says it will pay out RM2.1 billion this year, after last year’s record low dividend of of RM913 million.

TH has more than nine million depositors. Last year’s record low dividend of 1.25% meant they were paid out RM913 million. TH also said its strong financial performance had enabled it to ensure haj pilgrimage costs of RM9,980 for first-time pilgrims last year, as opposed to private packages which cost RM22,900.

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