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Good news for EPF contributors

Good news for EPF contributors K. Parkaran © Provided by Free Malaysia Today The EPF dividends will only be slightly lower than last year but better than Amanah Saham dividends or fixed deposit returns. PETALING JAYA: There’s some really good news for Employees Provident Fund (EPF) contributors despite the economic slowdown and the pandemic. The dividends for this year will only be a touch lower than last year. The EPF is expected to announce encouraging dividend rates for 2020. It is understood that the board has approved a dividend of between 5% and 5.3% for conventional accounts and between 4.8% to 5% for shariah. This is even higher than Amanah Saham Nasional Bhd’s 4.25%.

Malaysia generalAmanah sahamAmanah saham nasional bhdProvident fundFree malaysia today theEmployees provident fundBursa malaysiaமலேசியா ஜநரல்அமனா சஹாம்அமனா சஹாம் நேஷனல் ப்ட்வருங்கால நிதிஇலவசம் மலேசியா இன்று திஊழியர்கள் வருங்கால நிதி

Positive forecast for EPF dividend encouraging

‘Positive forecast for EPF dividend encouraging’ Bernama PETALING JAYA: The Employees Provident Fund (EPF) dividend payout, expected to be between 5% and 6% for 2020, is reassuring as the country’s economy had shrunk by 5.6% that year, according to economists. Sunway University Business School Professor of Economics Dr Yeah Kim Leng said EPF’s investment performance remained intact despite the Covid-19 pandemic due to the faster-than-expected recovery in local and overseas financial markets. “In the first three quarters of the year, EPF’s net investment income amounted to RM37.83 million, on track to a dividend payout close to 5.45% paid in 2019,” Yeah said yesterday.

Malaysia generalAmanah saham bumiputraPermodalan nasional bhdProvident fundEmployees provident fundUniversity business school professorEconomics dr yeah kim lengMalaysian reserveAmanah sahamAsia europe instituteMalaya professorEconomics datuk dr rajah rasiahHakem hassanமலேசியா ஜநரல்வருங்கால நிதிஊழியர்கள் வருங்கால நிதி

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