SNPF announces $43M dividend cash payout
The Samoa National Provident Fund has declared a four per cent dividend payout worth $43 million to its contributors to be rolled as cash from next Monday.
The Minister of Finance Lautimuia Uelese Vaai made the announcement on Thursday afternoon.
The Minister said this was a move to support families during back-to-school preparations.
The announcement was made following a meeting with the CEO of the Fund. The dividend payments will begin next Monday, providing a timely financial boost for many.
More details to follow.