Amanah Saham Bumiputera (ASB) unitholders will receive a dividend of 7.50 sen and a bonus 1.0 sen per unit for the financial year ending 31st December 2013. This brings a total of 8.50 sen distribution income for year 2014.
This dividend is 0.2 sen lower when compare to 7.70 sen declared in 2013. However, bonus retained at 1 sen per unit.
Kindly refer to “Historical Amanah Saham Bumiputera (ASB) Dividend Rate” page, for previous year dividend and bonus.
The dividend will involve a total payout of RM10.16 billion by ASNB, an increase of 10. 8% compared to the RM9.17 billion paid in 2013. Meanwhile, the bonus will involve a total payout of RM404.43.88 million, an increase of 19% compared to the RM706.88 million paid out last year.
The payment will benefit 8.6 million unit holders which currently hold a total of 137.07 billion units of ASB.
Total gross income of ASB on 16th December 2013 is estimated at RM10.55 billion. Dividend income from investee companies contributed RM4.64 billion or 44% of the gross income. Meanwhile, profit from the sale of shares contributed RM4.23 billion or 40.1% of the gross income and the balance of RM1.68 billion or 15.9% derived from other incomes.
The calculation of income distribution is based on the average monthly minimum balance held throughout the financial year of ASB ending 31 December 2014. The calculation of the bonus on the other hand is based on the average monthly minimum balance held by the unit holders in the past ten years.
The income distribution and bonus would be automatically credited into the respective unitholder’s account. Unitholders could update their accounts beginning 2nd January 2015 at ASNB branches or agents nationwide.
All ASB transactions will be suspended starting from 23rd December 2014 to 1st January 2015 to facilitate the calculation of income distribution and bonus.
Lowest distribution income (i.e. dividend plus bonus) since it’s launch in 1990… what gives?
It seems like because the stock market plunges and the ringgit falls in Q4 2014, immediately returns also fall? But what happened to the income generated in Q1, Q2 and Q3 of 2014?