KUALA LUMPUR, 10 Feb 2018:
The high dividend rate declared by the Employees Provident Fund (EPF) is a result of good management and investment, said Prime Minister Datuk Seri Najib Razak today.
“As a result of good management and investment, today EPF declared a dividend rate of 6.9% for conventional accounts and 6.4% for syariah savings.
“The distribution of dividends and gross investment income this year is higher than of last year. Congratulations EPF!,” he said in his Twitter and Facebook postings.
The prime minister also hoped the announcement would increase subscribers’ savings for their future needs.
EPF has declared a dividend rate of 6.9% for conventional accounts for 2017, with a payout amounting to RM44.15 billion and 6.4% for simpanan syariah for 2017, with payout amounting to RM3.98 billion.
The total payout for 2017 amounted to RM48.13 billion, an increase of 29.8% from 2016.
– Bernama