Pelaburan Hartanah Bhd (PHB), has announced its first interim dividend of 2.17 sen per unit for Amanah Hartanah Bumiputera Unit Trust Fund (AHB) for the period ending 31st March 2011.
The income distribution is for the period of 4 months. If the subsequent dividend payment is at similar rate, it would translate to 6.51 percent return per year. The figure is comparable with funds managed by Amanah Saham Nasional Berhad.
The dividend will involved a total payment of RM19 million. It is tax-exempted and will be credited into the unit holders’ accounts on 18th April 2011.