KUALA LUMPUR: The Armed Forces Fund Board (LTAT) announced a dividend rate of 5.25% and a total payment of RM514.20mil for the 2024 financial year (FY2024).
The dividend distribution increased compared to the RM485.08mil paid in 2023, making it LTAT's highest total distribution in seven years, reported Sinar Harian.
ALSO READ: RM75,000 of essential items handed to Malbatt for Lebanon relief mission
The distribution benefited 125,014 contributors, consisting of Malaysian Armed Forces (ATM) members.
Additionally, LTAT has maintained its dividend at a rate of 5% for the third consecutive year, reflecting robust recovery, sustainable performance and fund stability.
