SNPF announces $43M dividend cash payout

By Sialai Sarafina Sanerivi 23 January 2025, 3:20PM

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.

By Sialai Sarafina Sanerivi 23 January 2025, 3:20PM
Samoa Observer

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