Amanah Saham Nasional Berhad (ASNB), announced an income distribution of 6.00 sen per unit for Amanah Saham Nasional (ASN) scheme for the financial year ending 31st Dec 2010. It was 0.80 sen higher when compared 5.20 sen per unit declared in 2009.
The income distribution would involve a total payment of RM89.88 million compared with the RM81.52 million paid last year.
Generally, ASN’s performance in 2010 was better than last year due to better country’s economy and the stock market. In the same period, gross income was RM112.02 million. Profit from the sale of shares contributed RM63.07 million or 56.30 percent, followed by dividend income from investee companies of RM39.18 million or 34.98 percent.
The remaining RM9.77 million or 8.72 percent was derived from other investments.
ASN income distribution would be calculated based on unit holdings on Dec 31, 2010, which is the last day of the financial year of the fund. The distribution payment would be invested automatically and credited into the unitholders’ passbooks based on ASN’s net asset value on Dec 31, 2010
The payment will benefit 1.18 million unitholders who currently hold more than 1.5 billion units of ASN. Unitholders will be able to update their ASN passbooks beginning Jan 3, 2011 at any ASNB offices or ASNB agents nationwide.
ASN is a growth fund launched on 20th April 1981. The objective of this fund is to generate reasonable level of income distribution and capital appreciation to the unit holders through a diversified portfolio of investments.
Kindly, refer to Historical Amanah Saham Nasional (ASN) Dividend Rate page for previous year dividend rate since it was launched in 1981