It's always been PNB's trademark to allocate a portion for future distributions. I guess that's why they can give pretty much consistent returns both in good and bad times....

ASNB Declares 6.60 Sen Dividend For ASM Investors

Amanah Saham Nasional Bhd (ASNB), a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), on Wednesday announced a 6.60 sen dividend for a unit of Amanah Saham Malaysia (ASM) for the financial year ending March 31, 2014.

The 6.60 sen income distribution is higher than the 6.50 sen normal dividend and 0.30 sen special dividend per unit paid last year, PNB Chairman Tun Ahmad Sarji Abdul Hamid said.

He said the income distribution entails RM947.10 million in total payout, up from RM913.85 million last year.

The payment will benefit 530,000 unitholders, who currently hold 14.34 billion ASM units, he told a press conference.

He said that until March 17, 2014, the Fund  has a gross income of RM1.61 billion. Profits from the sale of shares contributed RM544.94 million or 46.8 per cent of gross income.

Tried twice today and couldn't get any~perhaps is time to let the PM staffs have some rest 

last year 6.5% + 0.3%, this year 6.6% + anything??

Looks like my prediction went well.
It would be pretty impossible for them to give out about 7% due to many factors such as carrying forward their income for the next year just incase their investments don't work well next year.

When ASG's will be announced?

0.1% more. Disappointed.

Maybe they c/fwd more income to next year distribution 
as u said previously EPF pays 100% of their profit & don't c/fwd to next year   

0.1% more. Disappointed.

Disappointing. No KFC tonight then! Only Maggi mee.

Plus telur...

I think it's easy for people on the outside to I guess feel that way but those who have or are currently in the finance industry would know how difficult it is to chase for yields. Personally I wouldn't want to be in the fund manager's or investment officer's position.

Such a huge fund to chase yield + ensure that capital is somewhat "protected" due to RM1 structure + ensure enough buffer to carry fwd... It's not as easy as many thing

Disappointing. No KFC tonight then! Only Maggi mee.

0.1% extra dividend doesn't make much difference, at least to me

say you have a fund size of RM10,000. An extra 0.1% would translate into additional RM 10

so don't sweat over it too much

Updated: ASNB declares 6.60 sen dividend for ASM investors

PNB President and Chief Executive Officer, Tan Sri Hamad Kama Piah Che Othman, said the income distribution could have been as high as 8.8 sen per unit, but the group decided to carry forward the remaining 2.2 sen per unit, to the next financial year.

Original post
https://forum.lowyat.net/index.php?showtopi...post&p=67034474

Aiyoh, that has cost me a grand KFC dinner!

I do hope they will remember to add this 2.2 to 2015's dividend.

And not mismanage this 2.2 till hilang.

Cheerio.