Amanah Saham Nasional Bhd (ASNB), announced a dividend of 6.6 sen per unit for the Amanah Saham Wawasan 2020 for the financial year ending 31st August, 2014.
The dividend is 0.1 sen lower when compare to the 6.7 sen dividend given in 2013. Kindly refer to “Historical ASW2020 Dividend Rate” for previous year dividend since the fund launched.
The dividend will involve a payout of RM1.115 billion. The figures is 5.8 percent higher than the payment of RM1.053 billion made in 2013.
The payout will benefit 891,446 unit holders who currently hold 16.89 billion units of ASW 2020.
As of 18 August 2014, ASW 2020 has recorded a gross income of RM1.329 billion.
Profits from the sales of shares in companies contributed RM648.7 million or 48.8 per cent, while dividends from investee companies contributed RM460.02 million or 34.6 per cent and income from investments in short term instruments and other income contributed RM219.81 million or 16.6 of the gross income.
The dividend payments will be automatically credited into the investment accounts of unitholders on 1st September. To facilitate the payment, all transactions of the ASW 2020 will be suspended from 26th August until 1st September.
The calculation of income distribution will be based on the average monthly minimum balance held throughout the financial year of ASW 2020.
Unit holders will be able to update their accounts at ASNB head office, ASNB branch offices or ASNB agents beginning 2nd September 2014.
ASW2020 is a fixed price fund where 51 per cent of the units are opened to Bumiputera investors and the remaining 49 per cent to non-Bumiputera investors.