Overcoming obstacles:
EPF declared a 5.2% dividend for Conventional Savings and 4.9% dividend for Syariah Savings for pandemic-hit 2020.
PETALING JAYA: Despite the Covid-19 pandemic, the Employees Provident Fund (EPF) says it has delivered a solid performance in 2020 for both its operational and financial results with a total dividend payout of RM47.64bil.
The pension fund declared a dividend of 5.20% for Conventional Savings and 4.9% for Syariah Savings for 2020.
It said the payout amounted to RM42.88bil and RM4.76bil respectively for both savings.
Last year, EPF declared dividends of 5.45% for Conventional Savings 2019 and 5% for Syariah Savings 2019.
In the past 10 years, EPF’s dividend payout for Conventional Savings was at 5.8% in 2010 followed by 6% (2011), 6.15% (2012), 6.35% (2013), 6.75% (2014), 6.4% (2015), 5.7% (2016), 6.9% (2017), and 6.15% (2018).