KUALA LUMPUR — Dec. 21, 2018: Amanah Saham Nasional has declared an income distribution of 6.5 cents a unit and a bonus of 0.50 cents for Amanah Saham Bumiputera ( ASB) for this year, down from last year’s dividend of 7.25 cents and bonus of 0.25 cents a unit.
This represents a payout of about RM10.7 billion for 9.6 million unit holders who own 155 billion units.
Permodalan Nasional Berhad chairman Tan Sri Dr. Zeti Akhtar Aziz also announced today the income distribution for variable-price fund, Amanah Saham Nasional (ASN) of 3.25 cents a unit for FY18, representing a dividend yield of 5.1 per cent based on the net asset value of the fund as of yesterday.
Zeti pointed out that as of yesterday, the FTSE Bursa Malaysia KLCI had declined 8.1 per cent, making it four out of five years the index recorded a negative price return, in an environment where all global equity markets had similarly declined.
Despite the challenging market environment and building on its strong foundation, PNB remains resilient and has sustained its financial performance this year, with assets under management increasing by 6.8 per cent to RM295.2 billion, while the proforma net income of PNB and its unit trust funds was RM15.3 billion up to last November 30.
Zeti said PNB also continued to uphold investors confidence by delivering competitive returns for unit holders, with a total payout of RM15.1 billion across all the funds this year.
PNB plans to undertake a mid-term review of its strategic plan, concentrating on the areas of strategic asset allocation, enterprise risk management and organisational transformation, as well as to accelerate the diversification of its investment portfolio into higher-yielding assets.
Unit holders will be able to check and update their accounts through ASNB’s portal myasnb.com.my or at any branch or agent when transactions resume on January 2. — Bernama