EPF Declares 6.75% Dividend For 2014
Records RM39.08 Billion Gross Investment Income
The Employees Provident Fund (EPF) Board, with the approval of the Minister of Finance, today announced a dividend rate of 6.75 per cent and RM39.08 billion gross investment income for financial year ended 31 December 2014, an increase of 11.66 per cent compared with RM35.00 billion in 2013.
The 6.75 per cent dividend amounted to a total payout of RM36.66 billion where RM5.41 billion was required to pay every one per cent of dividend rate for 2014. This was 10.53 per cent higher compared with RM4.91 billion paid for every one per cent dividend rate for 2013, in tandem with the rise in contributors’ savings.