Epf Dividend Payout Date 2018

In total the payout for 2018 amounts to rm47 32bil a marginal decrease of 1 7 per cent from 2017.

Epf dividend payout date 2018. In other words these two income streams alone were enough to pay about 3 4 or nearly half of the epf s dividend payout last year. The employees provident fund epf has declared a dividend rate of 6 15 for simpanan konvensional 2018 with payout amounting to rm43 billion and 5 9 for simpanan shariah 2018 with. Epf dividends declared in 2020 are the dividends for the financial year 2019. Contributors to the employees provident fund epf kwsp enjoy income gains on investments in the form of an annual dividend.

So while epf chairman tan sri samsudin osman did not give away much on jan 15 when asked about the potential dividend payout for 2018 it is clear that the tough market conditions last year has put the fund s defensive strategy to the test. For 2019 the epf dividend rate was 5 45 for conventional and 5 00 for syariah savings. Modified 15 feb 2019 10 07 pm the employees provident fund epf has declared a dividend rate of 6 15 percent for conventional savings 2018 with a payout amounting to rm43 billion and 5 9. The employees provident fund epf has declared a dividend rate of 6 15 for conventional savings 2018 with payout amounting to rm43bil and 5 9 for shariah savings 2018 with a payout amounting to rm4 32bil.

However the payout for 2018 savings saw a slight decrease of 1 7 compared to 2017. The employer needs to pay both the employees and the employer s share to the epf. For the conventional fund the rate is the lowest it has been since 2008 where the dividend was at 4 5. Kuala lumpur feb 16 the employees provident fund epf has declared a dividend rate of 6 15 per cent for simpanan konvensional 2018 with payout amounting to rm43 billion and 5 9 per cent for simpanan shariah 2018 with a payout amounting to rm4 32 billion.

Salary for january 2018 therefore the contribution month is february 2018 and it has to be paid either before or on 15 february 2018. The employees provident fund epf has declared dividend rates for both conventional and shariah savings in 2018. Malaysia s employees provident fund announced a 2018 dividend payout of 6 15 to be credited to the accounts of more than 12 million workers in the national system s main retirement account down. According to epf the dividend rate for conventional savings stands at 6 15 which amounts to rm42 billion in payout while the dividend rate for shariah savings is 5 9 total payout of rm4 32 billion.

Employer must make monthly payment on or before 15th of the month.