KUALA LUMPUR: Amanah Saham Nasional Bhd, the wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), yesterday announced a 6.60 sen dividend for a unit of the Amanah Saham Wawasan 2020 (ASW 2020) for the financial year ending Aug 31, 2014.
In announcing the dividend, PNB chairman Tun Ahmad Sarji Abdul Hamid said the dividend was a decline of 0.10 sen a unit from the 6.70 sen declared last year.
He said the income distribution this year involves a payment of RM1.115 billion, a 5.8 per cent improvement when compared to the previous year’s total payment of RM1.053 billion.
“The payout is based on the average minimum equity held for the ASW 2020 financial year.
“The payment is expected to benefit 891,446 unit holders who subscribed to 16.892 billion ASW units,” he told reporters when announcing the dividend here yesterday.
Ahmad Sarji said the income distribution will be automatically credited to the unit holders’ accounts on Sept 1.
For investors who participated in the ASW 2020 through the Employees Provident Fund (EPF), the income will be credited directly to their EPF accounts through the Members’ Investment Scheme.
For the purpose of calculating the income distribution, Ahmad Sarji said all transactions in the ASW 2020 at ASNB offices and its agents, will be suspended from Aug 26- Sept 1.
“Unit holders can update their ASW investment accounts from Sept 2,” he added. — Bernama