Epf Dividend Rate 2018
The employees provident fund epf has declared dividend rates for 2018 of 6 15 for conventional savings and 5 9 for syariah savings.
Epf dividend rate 2018. Contributors to the employees provident fund epf kwsp enjoy income gains on investments in the form of an annual dividend. 12 ref contribution rate section a. For the conventional fund the rate is the lowest it has been since 2008 where the dividend was at 4 5. Epf dividend rates are usually announced in february.
At or after the end of the financial year epf shall declare dividend rate of in respect of that year with minimum rate of 2 5 per annum. Epf may use members saving for investments in companies deemed profitable and permissible by the organisation from which dividends are banked to respective members accounts. 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. The government guarantees a dividend of not less than 2 5 per cent per annum for conventional account there is no guarantee for shariah savings account.
For all your contributions the government guarantees a minimum paid dividend rate of 2 50 for simpanan konvensional. 13 ref contribution rate section a applicable for ii and iii only employees share. 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. For 2019 the epf dividend rate was 5 45 for conventional and 5 00 for syariah savings.
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. The employees provident fund epf has declared dividend rates for both conventional and shariah savings in 2018. Dividend rates for simpanan shariah will be based on actual performance of the epf s shariah compliant investments. 6 5 ref contribution rate section c more than rm5 000.
The total dividend payout for 2018 amounted to rm47 31 billion rm43 billion for conventional rm4 32 billion for syariah which is 1 7 lower than the payout in 2017.