Saturday 29 December 2012

ASB pays unitholders 8.9 sen dividend and bonus in 2012

ASB (Amanah Saham Bumiputera) is very generous when giving out dividend and bonus. No doubt it is always above the average payout by other Unit Trust funds. Let's see past performance of the fund:

2007 - 8.00 + 1.00 = 9.00
2008 - 7.00 + 1.75 = 8.75
2009 - 7.30 + 1.25 = 8.55
2010 - 7.50 + 1.25 = 8.75
2011 - 7.65 + 1.15 = 8.80
2012 - 7.75 + 1.15 = 8.90

Maybe it will touch 9.00 in 2013, let's hope (it's not wrong to dream sometimes).


Press clipping from Bernama:

KUALA LUMPUR: Amanah Saham Nasional Bhd, a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), has announced an income distribution of 7.75 sen per unit and a bonus of 1.15 sen per unit for the Amanah Saham Bumiputera (ASB) scheme this year.

The 7.75 sen dividend is its highest since 2008 and is 0.1 sen more than last year's 7.65 sen.

The income distribution will involve a total payout of RM8.13 billion, 17.5 per cent higher than the RM6.92 billion paid out last year. The bonus payout is RM712.2 million compared with RM600.4 million last year.

PNB chairman Tun Ahmad Sarji Abdul Hamid said the payment would benefit 7.82 million unit holders, who hold 110.2 billion units.

"Considering the market conditions, which have not been up to expectations, PNB did a fairly good job," he said yesterday.

PNB president and chief executive officer Tan Sri Hamad Kama Piah Che Othman said the country's biggest fund manager expected next year to be challenging.

Up to Dec 19, ASB recorded a gross income of RM8.54 billion. Income from companies contributed RM4.80 billion, or 56.21 per cent of the gross income. Profit from the sale of shares contributed RM2.68 billion, or 31.38 per cent, and the balance of RM1.06 billion was derived from other incomes.

The dividend and bonus will be credited into unit holders' accounts and they will be able to update their books from Jan 2.

Source
 

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