Amanah Saham Nasional Bhd (ASNB), announced a dividend of 6.0 sen per unit for the Amanah Saham Wawasan 2020 for the financial year ending 31st August, 2018.
The dividend is the same figure declared 2017. Kindly refer to “Historical ASW2020 Dividend Rate” for previous year dividend since the fund launched.
The dividend will involve a payout of RM1.18 billion which will benefit by more than 870,000 unit holders who own 19.6 billion units of ASW 2020.
During the first 11 months, the fund net income is RM1.179bil. Profit from the sale of shares contributed RM718.76mil, or 51.4%, dividend income from investee companies to contribute RM468.50.8mil, or 33.5%, of the total gross income.
The remaining RM210.80 mil, or 15.1%, was derived from investments in sukuks/Islamic fixed deposits as well as interest income
The dividend payments will be automatically credited into the investment accounts of unitholders on 1st September. For investors who participated in the ASW 2020 through the Employees Provident Fund (EPF), the income will be credited directly into their EPF accounts through the Members’ Investment Scheme.
To facilitate the payment, all transactions of the ASW 2020 will be suspended from 30th August until 1st September 2018.
The calculation of income distribution will be based on the average monthly minimum balance held throughout the financial year of ASW 2020.
Unit holders will be able to update their accounts at ASNB head office, ASNB branch offices or ASNB agents beginning 2nd September 2017.
ASW2020 is a fixed price fund where 51 per cent of the units are opened to Bumiputera investors and the remaining 49 per cent to non-Bumiputera investors.