Finance minister II Amir Hamzah Azizan says this is based on the fund’s strong performance last year.
Read More:
https://www.freemalaysiatoday.com/category/nation/2025/02/23/higher-epf-dividend-expected-says-minister/
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/02/23/dividen-kwsp-2024-dijangka-lebih-baik-kata-amir-hamzah/
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Read More:
https://www.freemalaysiatoday.com/category/nation/2025/02/23/higher-epf-dividend-expected-says-minister/
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/02/23/dividen-kwsp-2024-dijangka-lebih-baik-kata-amir-hamzah/
Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.
Subscribe to our channel - http://bit.ly/2Qo08ry
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NewsTranscript
00:00The employee's provident fund's encouraging performance for the third quarter of 2024
00:06is expected to yield good returns for contributors.
00:10Second Finance Minister Amir Hamza Azizan said EPF contributors can expect better dividend
00:17distribution for 2024 compared with 2023, Bernama reported.
00:22He highlighted EPF's 57.5 billion ringgit investment income as of the third quarter
00:28of last year, noting that it was an improvement over the same period in 2023.
00:35Amir said he could not review the dividend rate yet, but assured that it would be better
00:40and encouraging.
00:41EPF is expected to announce the 2024 dividend rate in early March.
00:47Financial economists and academics had previously predicted EPF's 2024 dividend to exceed 6%.
00:55EPF declared a higher dividend of 5.50% for 2023 compared with 5.35% in 2022 for conventional
01:05savings.