EPF Declares 6.4% Dividend

The Employees Provident Fund (EPF) today declared a dividend rate of 6.40% for 2015 with a total payout amounting to RM38.24 billion.

The payout amount required for every 1% dividend rate for the year was RM5.98 billion, which was 10.13% higher compared with RM5.43 billion in 2014, it said in a statement.

The increase was in tandem with the growth in EPF's investment assets, which stood at RM684.53 billion as at December 31, 2015, while gross income grew 13.18% to RM44.23 billion compared with RM39.08 billion in 2014.