Choosing the Right Dividend Option

AFPSLAI members have two primary options for receiving dividends: the Expected Dividend Advance (EDA) program or traditional annual dividend payments. Understanding the differences can help you choose the option that best fits your financial needs.

EDA Program

The EDA program allows members to receive their projected dividends quarterly, based on their Lowest Quarterly Balance (LQB) and the current EDA rate. Key features include:

• Frequency: Quarterly distributions, paid on the 4th Monday after each quarter.
• Flexibility: Ideal for members who need regular income for expenses or budgeting.
• Enrollment: Requires opt-in through an application process.

Traditional Dividend Payments

Traditional dividends are paid annually, based on AFPSLAI’s overall financial performance and your Capital Contribution Account (CCA) balance. Key features include:

• Frequency: Annual payout, typically at the end of the fiscal year.
• Amount: May be higher than quarterly EDA payments, as it reflects the full year’s earnings.
• Simplicity: No enrollment required; all members receive dividends automatically.

Which is Right for You?

Choose EDA if you prefer frequent, predictable payments to support ongoing financial needs. Opt for traditional dividends if you’re comfortable waiting for a potentially larger annual payout. Use our EDA Calculator to estimate your quarterly advances and compare them to potential annual dividends.