PNB To Pay Out RM1.39 Billion In Dividends With ASB2 At 4.30 sen and ASM at 4 sen

PNB has announced the dividends for Amanah Saham Nasional Bumiputera 2 at 4.30 sen and 4.00 sen for Amanah Saham Malaysia (ASM).

In a statement, the fund said the total income distribution payout for both funds amounted to RM1.39 billion for the financial year ending March 31, 2022.

Accordingly, ASB 2 declared a total income distribution payout of RM514.5 million to 481,030 unit holders who currently own 11.96 billion units while ASM declared a total income distribution payout of RM883.5 million to 567,904 unit holders with 22.09 billion units.

“As of March 22, 2022, ASB 2 recorded a net realised income of RM563.93 million, whilst ASM recorded RM1.03 billion,” it said PNB said the income distributions of ASB 2 and ASM translate to total returns of 4.30 and 4.00 percent respectively, both outperforming the benchmark of Maybank’s 12-month fixed deposit at 1.85 percent by 245 basis points for ASB 2 and 215 basis points for ASM. Both funds derived their incomes from realised gains, dividends, as well as other income from domestic and international investments, generally driven by the reopening of economies in most countries as we move towards the endemic phase.

For ASB 2, PNB said international investment rose to 18.7 percent compared to 15.7 percent in the previous year, while for ASM, it rose to 20.5 percent from 19.8 percent in 2021. The computation of income distribution for ASB 2 and ASM is based on the average minimum monthly balance held throughout the financial year of each fund.

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