Amanah Saham Nasional Bhd (ASNB) announced dividend of 6.50 sen per unit for Amanah Saham Didik (ASD) for the financial year ending 30th June 2011. The payout for 2010 was 6.35 sen per unit. Browse “Historical Amanah Saham Didik (ASD) Dividend Rate” for previous dividend rate since 2001.
The dividend would involve a total payment of RM256.73 million, an increase of 25.19 per cent compare to last year. It will benefit a total of 344,655 unitholders who collectively owned 3.99 billion units of the ASD.
As of 9th June 2011, ASD has recorded a gross income of RM332.94 million. Profit from the sale of shares contributed RM180.23 million or 54.13 per cent and dividend income from investee companies contributed RM113.63 million or 34.13 per cent.
The remaining income of RM39.04 million or 11.74 per cent was derived from investments in short term instruments.
The dividend calculation was based on the average monthly minimum balance throughout ASD financial year and it will be automatically re-invested into the unitholders’ accounts on 1st July 2011
To facilitate calculation of the income distribution, ASD transactions would be suspended from 22nd to 30th June.
The ASD is a fixed price equity growth fund aimed at providing investment opportunity to generate long-term growth and competitive returns to unitholders.