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, 2011.
The dividend is an increase of 0.1 sen per unit compared with the 6.5 sen dividend given in 2011. Kindly refer to “Historical ASW2020 Dividend Rate” for previous year dividend.
The dividend will involve a payout of RM981.89 million. The figures is 9 percent higher than the payment of RM900.72 million made in 2011.
As at Aug 15, 2011, ASW 2020 registered a gross income of RM1.2 billion.
Profits from the sales of shares in companies contributed RM334.59 million or 55.3 per cent to the income, while dividends from investee companies amounted to RM666.55 million 55.3 per cent) and income from investments in short term instruments and other income contributed RM204.62 million or 17 per cent.
The dividend payments will be automatically credited into the investment accounts of unitholders on 1st September. To facilitate the payment, all transaction of the ASW 2020 will be suspended from 24th August untill 2nd 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 3 September 2012.
Investors who participated in ASW 2020 through the Employees Provident Fund (EPF) Members’ Investment Scheme will have their income distribution credited directly into their respective EPF accounts.
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.
There are currently a total of 907,594 investors for the ASW2020 subscribing a total of 14.85 billion units.