EPF Declares 6.15 Percent Dividend for Conventional Savings, 5.9 Percent for Shariah
The Employees Provident Fund (EPF) has declared a dividend rate of 6.15% for Simpanan Konvensional 2018, with payout amounting to RM43 billion and 5.9% for Simpanan Shariah 2018, with a payout amounting to RM4.32 billion.
In total, the payout for 2018 amounts to RM47.31 billion, a marginal decrease of 1.7% from 2017.
“With a real dividend of 3.93% for Simpanan Konvensional and 3.68% for Simpanan Shariah on a rolling three-year basis respectively, the EPF has exceeded its mandate of delivering a dividend of at least 2.5% on a yearly basis and at least 2% real dividend on a rolling three-year basis,” the EPF said in a statement today.
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