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SSPN has RM17.39 billion in deposits, expected to announce dividend in early April.

17/03/2024

SSPN received a total of RM17.39 billion in deposits as at December 31, 2023

The National Higher Education Fund Board (PTPTN) has announced that the SSPN has received RM17.39 billion in deposits up to December 31, 2023 and has 6.25 million deposit accounts.

This comes after PTPTN announced its investment performance for the first nine months of 2023, with a return on investment (ROI) of RM287.64 million, an increase of 30.37% compared to RM220.63 million for the same period in the previous year.
PTPTN is expected to announce SSPN’s latest dividend payout ratio at the end of March or early April, the payout ratio announced last year was 3.05% and it will be interesting to see how much payout will be announced this year.

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