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While their dividend rates have gone down drastically to around 9% per annum since 2020, AFPSLAI‘s Capital Contribution Account (CCA) is still a very good investment vehicle. I pray that their dividend increases again once the economy recovers.

(Note: The EDA actually increased to 13% p.a. for 2020, and 14% p.a. for the first quarter of 2021. Look at the “Update” section above.)

If you want to avoid the long lines and crowded venue, I recommend getting your dividend a few weeks after the distribution period, and when you do go you should arrive very early. For comparison, if I get there by 8am on release day, my number would be on the hundreds already and my turn would come by 2pm or later. Nowadays, I go there weeks after release and arrive by 7am. If I do that, I can be done by 8:30am or 9am.

Anyway, if you want to look at the AFPSLAI dividend schedule for 2021, you can check it out here!

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UPDATE: AFPSLAI Dividend Schedule 2022, CLICK HERE!

UPDATE: AFPSLAI Dividend Schedule 2021, CLICK HERE!

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UPDATE: Due to the covid-19 pandemic, there’s a lot of things that you should know. First off, the EDA now is 13% (3.25% for the first quarter of 2020). Second, 2020’s first quarter April schedule has been delayed due to the quarantine. Third, there will be contact tracing and social distancing when you enter the premises.

Update (8/19/2020): EDA for the second quarter of 2020 is 9% per annum according to their announcement on this link.

Update (12/9/2020): EDA for the third quarter of 2020 is still 9% per annum or 2.25% per quarter.

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AFPSLAI‘s Capital Contribution Account (CCA) is, in my opinion, one of the best investment vehicles for members of the AFP (Armed Forces of the Philippines) and their families or beneficiaries. Investors, both regular and associate, get a rather large dividend payout that’s released every 4th Monday of the month following every quarter (April, July, October, and January). While it’s unfortunate that they no longer accept new associate members (families of AFP personnel), I do believe they still accept new regular members from the AFP.

One thing to remember is that there’s a LOT of people queuing up every dividend release. I usually get there at 8 a.m., get my number (in the hundreds), and get my transaction by 2 p.m. or later. Since it takes so long, it would be terrible if you wake up early, commute to your nearest branch, and find out that it’s not your scheduled date.

If you’re a member of AFPSLAI and you want to know their expected dividend advance schedule this 2020, then check out their schedule on the image below:

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