The Unit Trust of Samoa (Trust) declares its largest-ever payout of $7.50 Million for the Financial Year ending June 2022
The Board and Trustees of the Unit Trust of Samoa have declared a total distribution to unitholders of SAT$7.50 million for the financial year ending 30th June 2022. This payout will benefit about 4,300 unitholders based on their unit balance as at the end of June 2022. This will be largest payout declared by the Unit Trust of Samoa since it started operation in 2010.
Each unitholder will be entitled to receive 8 sene per unit from this distribution. The total returns to unitholders for this financial year amounts to 9.25% comprising a 4.52% dividend yield and 4.73% capital growth from the increase in unit price over the period. Unitholders will be able to make their dividend choice from the 8th of July 2022 until the 7th of October 2022. This can be facilitated using the online access, UTOS mobile app or by visiting our office.
It has been a challenging year; however, the Management Company remains committed to delivering positive results for the unitholders despite impacts and challenges of the ongoing economic disruptions due to the Covid-19 pandemic. During the year, the Trust has undertaken significant local and regional investments which will continue to enhance its overall investment portfolio performance in the long run. To this extent, the future outlook of the Trust remains promising for its existing and future unitholders.
The Management Company continues to work tirelessly to ensure that unitholder confidence remains high reflecting effective customer service and positive financial performance. The ability of the Trust to continue to make dividend payouts year on year is a testament to its commitment and diligence to its unitholders.
On behalf of the Board and Trustees, the CEO, Tevaga Viane Tagiilima, would like to convey his gratitude to all unitholders and stakeholders who continue to invest in the Trust Fund during these challenging times and to assure all unitholders that the management and staff of UTOS will perform to their utmost to pursue and secure rewarding investment opportunities for them.
UTOS (Trust) is a private trust owned by the Unitholders with its assets entrusted to a Trustee Company which holds in trust the funds of the unitholders. These funds are invested into a diversified portfolio of assets ranging from term deposits, government guaranteed lending to the Government of Samoa, and shares in privately owned companies both local and across the region. Its social objective is inclusivity; allowing for accessible and affordable investment for ordinary Samoans. Its commercial objective is to generate sustainable returns for the unit holders from a risk assessed and balanced investment portfolio.
Should you need further information regarding your investment account with the Unit Trust of Samoa please contact +685 29916 or +685 26949 or email [email protected] or via our Facebook page Unit Trust of Samoa.
