Business

[UPDATED] ASNB declares 4.6 sen per unit payout for flagship fund

Firm to disburse RM8.9 bil to 10.6 mil Amanah Saham Bumiputera investors

Updated 3 years ago · Published on 22 Dec 2022 1:08PM

[UPDATED] ASNB declares 4.6 sen per unit payout for flagship fund
This year’s Amanah Saham Bumiputera payout comprises a dividend of 4.6 sen per unit. – Bernama pic, December 22, 2022

KUALA LUMPUR – Amanah Saham Nasional Bhd has declared a 4.6 sen per unit income distribution payout for its flagship unit trust fund Amanah Saham Bumiputera for the financial year ending December 31, 2022.

The wholly-owned subsidiary of Permodalan Nasional Bhd said the payout comprises a dividend of 3.35 sen per unit and a bonus payment of 1.25 sen per unit.

On top of this, ASB also announced an additional bonus of 0.5 sen limited to the first 30,000 units per account holder.

In total, ASNB said RM8.9 billion in income distribution will be paid out, and will benefit 10.6 million unit holders.

The latest payout takes the fund’s cumulative income distribution and bonus to RM177.4 billion since its inception in 1990.

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

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

Last year, ASNB declared a total payout of 5 sen per unit, comprising a dividend of 4.25 sen and 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.

Meanwhile, ASNB said transactions at all of its branches and agents, including on digital platforms and internet banking, have been temporarily suspended from today until December 31.

“Unit holders can resume their transactions through ASNB’s portal and mobile application beginning January 1, at any of its branches and agents starting January 3.” – The Vibes, December 12, 2022

Related News

Business / 4y

PNB declares 5 sen income distribution for ASB unitholders

Business / 5y

ASNB system hacked? It’s just ‘unscheduled’ maintenance exercise, says PNB

Business / 5y

ASB payment lowest in history

Business / 6y

ASNB declares RM645.9 mil payout for 3 funds

Spotlight

Malaysia

Tuanku Muhriz to focus on state affairs; Will not attend Conference of Rulers meeting

Malaysia

Sarawak projects record RM15.09b revenue, budgets RM10.1b for development in 2027

Malaysia

Sultan Nazrin: Delay in environmental action places future generations at risk

Malaysia

Woman allegedly raped at KL shopping centre after being threatened with intimate video

Malaysia

Jordan’s King confers highest civilian honour on Sultan Ibrahim

Malaysia

Driver monitoring aims to stop commercial vehicle crashes before they happen

Malaysia

KTMB heritage sites set for tourism makeover, says Loke

Malaysia

Zara Qairina’s mother: No doctors recorded injuries consistent with being beaten

You may be interested

Business

Oil prices stay above US$93 as Middle East tensions put pressure on ringgit

Business

Oil prices retreat below US$104 as markets weigh Middle East risks