Sunday, February 8, 2015

MALAYSIA:::EPF declares 6.75% dividend for 2014

EPF recorded RM39.08 billion in gross investment income for 2014, up 11.66% from 2013, mainly driven by domestic and global equities.
kwsp_ekonomi_300KUALA LUMPUR: The Employees Provident Fund (EPF) Board yesterday declared a dividend rate of 6.75% for 2014, higher than the 6.35% announced in 2013.
In a statement here yesterday, EPF said this would involve a payout of RM36.66 billion, compared with RM31.2 billion in 2013. The country’s largest pension fund also recorded RM39.08 billion in gross investment income for 2014, up 11.66% from RM35 billion in 2013, mainly driven by equities in the domestic and global markets, EPF said.