The Armed Forces Fund Board (LTAT) has announced a consistent 5% dividend payout for the year 2023, mirroring the rate set in the previous year, but with a slight increase in the total distribution.
In an official statement released on Thursday (Apr 4), LTAT disclosed that it disbursed a total of RM485.08 million to its depositors for the year 2023, compared to RM476.45 million distributed in 2022.
The dividends were allocated to 123,380 contributors affiliated with the fund, which predominantly oversees the retirement savings of military personnel.
More to come