KUALA LUMPUR – Amanah Saham Bumiputera 2 (ASB 2) dividend stands at 5.25 sen per unit, while Amanah Saham Malaysia (ASM) is at 4.75 sen per unit for the financial year ending March 31, 2024.
ASB 2 has a total income distribution of RM0.67 billion, benefiting 552,297 holders, who have 12.73 billion units.
The 5.25 sen per unit return is higher than the benchmark return of 2.84% recorded by Maybank’s 12-month fixed deposit by 241 basis points.
In the same period, Amanah Saham Nasional Bhd (ASNB) announced that ASM has a total income distribution of RM1.33 billion for 699,807 holders, amounting to 28.05 billion units.
The total income distribution for the two funds amounted to RM2 billion.
Unit holders will be able to see the earnings reflected in their accounts on April 1.
Transactions for ASB 2 and ASM will be suspended from March 29 to 31, 2024.
In a statement, ASB 2 recorded a realised net income of RM659.95 million, while ASM has a net income of RM1.4 billion as of March 25.
Last year, ASB 2 had a return of 5.00 sen per unit, while ASM had a distribution of 4.50 sen per unit.
Both funds earn income through realised income and dividends from domestic and international investments, despite uncertainties about inflation and a worrying economic recession.
They also benefit from portfolio diversification in other asset classes, such as real estate and private investments.
ASNB is fully owned by Permodalan Nasional Bhd. – March 28, 2024