Amanah Saham Nasional Bhd (ASNB) announced an income distribution of 7.1 cent per unit for Amanah Saham Nasional 2 (ASN 2) for the financial year ended June 30, 2013 up 0.6 sen per unit over the 6.5 sen per unit last year. It is the highest dividend payout since 2001.
Permodalan Nasional Bhd (PNB) chairman, Tun Ahmad Sarji Abdul Hamid said the income distribution portion will involve a total payout of RM12.61 million for 8,145 unit holders who subscribe to 178 million shares.
“The performance of ASN 2 throughout its financial year ended June 30, 2013 was generally satisfactory, despite the uncertainties in the share market and world economy due to the economic instability in the US and continuous Eurozone debt crisis.
“However, the influx of foreign funds and implementation of the Economic Transformation Programme by the government have remedied the predicament,” he told reporters at the announcement today.
Ahmad Sarji said that the ASN 2 has recorded a gross income of RM19.10 million with profits from sale of shares contributing RM9.69 million or 50.7 per cent followed by divident income from investment in companies (RM7.7 million or 40.3 percent) and other instruments (RM1.71 million or 9.0 percent).
The ASN 2 income distribution is calculated based on units held as at June 30, 2013 the last day of the financial year. It will be re-invested into additional units and automatically credited into unit holders accounts based on the net asset value as at June 30, 2013.