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 SSPN, Skim Simpanan Pendidikan Nasional

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teikhooi7
post Mar 12 2019, 10:27 PM

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QUOTE(Ancient-XinG- @ Mar 11 2019, 04:07 PM)
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Dividend calculation based on average minimum monthly balance says if Dec your minimum is RM100, max RM200, so the dividend will based on RM100 instead of RM200

teikhooi7
post Mar 12 2019, 10:36 PM

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Dividend calculation
Max bal. Min bal
Jan. 500. 100
Feb. 200. 50

Says dividend 4%
Dividend will be =(100+50)@4%@2/12

This calculation same to Amanah dividend calculation.
teikhooi7
post Mar 13 2019, 06:15 AM

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QUOTE(MUM @ Mar 12 2019, 10:53 PM)
hmm.gif I am just curious of this +

i may be wrong, but i think it is not that way....

for if i had min RM500 per month balance......not transaction for the whole year.

Balance each month, Jan 500, Feb 500, Mar 500, till Dec 500 my total in there is just 500

but if you were to "+" each months as in your calculation...it would end up at 6000
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Dividend like u mentioned (RM500*4%*1/12)+ (RM500*4%*1/12)+ (RM500*4%*1/12)+ (RM500*4%*1/12)

Repeated 12 months then u will get dividend exactly what they decleared.

This post has been edited by teikhooi7: Mar 13 2019, 06:22 AM

 

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