7 sen income distribution for ASB

Updated 5 years ago · Published on 21 Dec 2018 1:53PM · 1 Comments

Permodalan Nasional Bhd chairman Dr Zeti Akhtar Aziz has announced an income distribution for ASNB's variable-price fund, ASN, of 3.25 sen a unit for FY18, representing a dividend yield of 5.1% based on the net value of the fund as at December 20. – The Malaysian Insight file pic, December 21, 2018.

AMANAH Saham Nasional Bhd (ASNB) has declared an income distribution of 6.5 sen a unit and a bonus of 0.5 sen for Amanah Saham Bumiputera (ASB) for the financial year ending December 31 (FY18).

For FY17, ASB made a distribution payout of 7.25 sen per unit comprising a dividend of 7 sen a unit and bonus of 0.25 sen a unit.

Permodalan Nasional Bhd chairman Dr Zeti Akhtar Aziz today said this represented a payout of 7 sen a unit, involving a total payout of RM10.7 billion that would benefit 9.6 million holders of 155 billion units in ASB.

Zeti also announced an income distribution for ASNB’s variable-price fund, Amanah Saham Nasional (ASN), of 3.25 sen a unit for FY18, representing a dividend yield of 5.1% based on the net value of the fund as at December 20.

The total estimated payout for ASN is RM59.7 million, which would benefit about 1.2 million holders with more than 1.8 billion units in the fund. – Bernama, December 21, 2018.

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Comments

  • Definitely Ponzi scheme. Almost all fund managers are giving negative returns this year from domestic market, and yet ASB can give 7%.

    Posted 5 years ago by Harris Hanifa · Reply