KUALA LUMPUR: Permodalan Nasional Bhd has announced an income distribution of 2.75 sen per unit for Amanah Saham Nasional (ASN) for the financial year 2019.
This reflects a dividend yield of 4.4% based on the Net Asset Value (NAV) of the fund as at Dec 16, PNB said in a statement on Dec 18.
A total payout of RM49 mil will be distributed to 1.22 million ASN unit holders with more than 1.78 billion units held.
“As at Nov 30, ASN recorded a net profit income of RM53.5 mil for 11 months of the financial year,” it added.
PNB said the dividend will be reinvested into additional units and will be automatically credited into the unit holders’ accounts on Jan 2, 2020, based on the NAV per unit as at Dec 31. – Bernama
