ASNB confirms payout of 4.6 sen per unit for its flagship fund

AMANAH Saham Nasional Bhd (ASNB) has declared an income distribution payout of 4.6 sen per unit for its flagship unit trust fund Amanah Saham Bumiputera for the financial year ending Dec 31, 2022.

The payout includes a dividend of 3.35 sen per unit and a bonus payment of 1.25 sen per unit, according to the wholly-owned subsidiary Permodalan Nasional Bhd (PNB).

“An additional bonus of 0.5 sen is limited to the first 30,000 units per account holder. RM8.9 bil in income distribution will be paid out, and will benefit 10.6 million unit holders,” The Vibes reported ASNB as saying. 

With this most recent payout, the fund has now received RM177.4 bil in income distribution and bonuses since its inception in 1990.

Moreover, the dividend of 3.35 sen per unit announced this year is the lowest in history, compared to the rate of 3.75 sen per unit announced in 2020, while the overall income distribution payout of 4.6 sen is the second lowest ever.

Meanwhile in 2020, the figure stood at a low of 4.25 sen per unit.

ASNB declared a total payout of 5 sen per unit in 2021, which included a dividend of 4.25 sen and a bonus payment of 0.75 sen.

The highest-ever payout rate was recorded in 1990, during the first year of ASB’s launch, where a 14 sen per unit income distribution was declared.

Furthermore, ASNB added that transactions at all of its branches and agents, including on digital platforms and internet banking, have been temporarily suspended from today until Dec 31.

“Unit holders can resume their transactions through ASNB’s portal and mobile application beginning Jan 1, 2023 at any of its branches and agents starting Jan 3.” – Dec 22, 2022

 

Main photo credit: lifeofaworkingadult.com

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