ASB unitholders to get 7.70 sen dividend and 1.00 sen bonus in 2013

With special privilege given to ASB unit holders - most of which are Bumis - PNB gives out considerably high return of investment year in year out.

This year Amanah Saham Bumiputera (ASB) unitholders will receive a dividend of 7.70 sen per unit for the financial year ending Dec 31, 2013 compared with 7.75 sen last year. Bonus unit is also lower at 1.0 sen per unit compared to 1.15 sen last year.




ASB's historical dividend + bonus payout:

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
2013 - 7.70 + 1.00 = 8.70



PRESS RELEASE: ASB PAYS 7.70 SEN PER UNIT AND BONUS OF 1.00 SEN PER UNIT
19 December 2013

KUALA LUMPUR: Amanah Saham Nasional Berhad (ASNB), a wholly-owned subsidiary of Permodalan Nasional Berhad (PNB) has announced an income distribution of 7.70 sen per unit and a bonus of 1.00 sen per unit for Skim Amanah Saham Bumiputera (ASB) for the financial year ended 31 December 2013.

The income distribution portion will involve a total payout of RM9.38 billion by ASNB, an increase of 17.4% compared to the RM7.99 billion paid out last year.

The bonus portion will involve a total payout of RM706.88 million by PNB, an increase of 3.84% compared to the RM680.73 million paid out last year PNB Chairman, Tun Ahmad Sarji Abdul Hamid said, the payment will benefit 8.26 million unit holders which currently hold a total of 127.2 billion units of ASB.

Total gross income of ASB on 31 December 2013 is estimated at RM9.92 billion. Dividend income from investee companies contributed RM4.41 billion or 44.5% of the gross income. Meanwhile, profit from the sale of shares contributed RM4 billion or 40.3% of the gross income and the balance of RM1.51 billion or 15.2% derived from other incomes.

The income distribution and bonus will be automatically credited into the respective unit holders’ accounts. Unit holders will be able to update their accounts beginning 2 January 2014.

All transactions for ASB at ASNB head office, ASNB branch offices and agents would be suspended beginning 22 December 2013 until 1 January 2014, to facilitate the calculation of income distribution and bonus.

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TheGreenMechanics: Good news is that it is consistently higher than other unit trusts; bad news is that they reduce it from last year.

The PNB chairman said ASB could have actually declared a dividend of 10.54 sen per unit, but they didn't. I wonder if the justification for not declaring a higher dividend is fair.

Dividend and Bonus: ASB pays 8.9 sen per unit in 2012

It certainly pays to invest in Amanah Saham Bumiputera (ASB) scheme. With special privilege given to ASB unit holders, PNB gives out unbelievably high return of investment year in year out. The scheme is created specifically for Bumis.

ASB's historical dividend + bonus payout:

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



PNB chairman Tun Ahmad Sarji Abdul Hamid (left) and PNB president and CEO Tan Sri Hamad Kama Piah Che Othman showing the dividend and bonus rates. Photo and info by New Straits Times.


HIGHEST SINCE 2008

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