PNB declares seven sen dividend, 0.25 sen bonus, 1 sen special bonus for ASB
KUALA LUMPUR: Permodalan Nasional Bhd (PNB) has declared an income distribution for Amanah Saham Bumiputera (ASB) comprising a dividend of seven sen a unit, bonus of 0.25 sen a unit and a special bonus of one sen a unit for balances of up to 10,000 units in conjunction with its 40th Anniversary in March 2018.
The income distribution is for the financial year ending Dec 31, 2017 (FY17).
“The units re-invested from the dividend and bonus will be credited into unitholders’ accounts on Jan 1, 2018, whereas the special anniversary bonus will be credited onn March 1, 2018,” Group Chairman ChairTan Sri Abdul Wahid Omar told a media briefingng on PNB 2017 fourth-h-quarter quarterday. update yesterday.
He said the total distribution off RM10.7 billion would benefit 9.1 million unitholders who owned more than 145.6 billion units in ASB. “The majority of unitholders, numbering some 7.5 million with balances of up to 10,000 units will get an effective return of 8.25 sen a unit, 800,000 unitholders who own between 10,001 and 40,000 units will receive at least 7.5 sen. “The remaining 700,000 unitholders will receive at least 7.26 sen,” he said. Meanwhile, PNB also announced an income distribution of 3.65 sen per unit for its first variable-price fund, Amanah Saham Nasional (ASN) for FY17. “This also translates to a dividend yield of five per cent and contributing to year-to-date total return of 15 per cent as at Dec 21, 2017,” said Abdul Wahid. As at Nov 30, 2017, ASN recorded a net income of RM72.65 million, and the total income distribution of RM69.4 million will benefit 1.2 million unitholders with 1.9 billion units in the fund. — Bernama