PNB declares 6.70 sen dividend for AS1M
Amanah Saham Nasional Bhd which is a wholly owned subsidiary of Permodalan Nasional Bhd (PNB) has announced a 6.7 sen income distribution for its Amanah Saham 1Malaysia for financial year ended September 2013.
The state-owned fund manager paid an income distribution of 6.6 sen last year.
PNB chairman Tun Ahmad Sarji Abdul Hamid said the 6.7 sen is the highest paid by the country's largest fund manager since its introduction four years ago.
"The income distribution involves a payout of RM593.0 million which is a 30 per cent increase compared to RM453.03 million last year to 365,355 unitholders which collectively own 9.2 billion units," Ahmad Sarji told reporters at its headquarters in Kuala Lumpur yesterday while unveiling the income distribution results.