Epf Dividend

The Employees Provident Fund (EPF), which has performed well in its investments over the past few quarters, is expected to pay dividends of as much as 5.5 percent to 6.5 percent in the coming period, economists said.

University of Kuala Lumpur Business School economist Amy Zuhazmi said the assets under management (AUM) of the EPF Board amounted to RM1 trillion 100 billion, giving it an edge in investment choices and negotiations with external fund managers.

One Of The Challenges Of The EPF Is Balancing Domestic And Foreign Investments.

Epf Dividend
Image Credit: Imoney

Amy Zuhazmi also pointed out that the Malaysian economy also continued to grow last year. However, the EPF is still facing many challenges, one of which is balancing domestic and foreign investment. This is especially true in terms of capital investment to support domestic companies in expanding their profitability and supporting the country's economy.

Mohamad Kher, a professor at the Faculty of Business and Economics at Universiti Putrajaya (UPM), pointed out that the announcement by the Aboriginal Trust Fund (ASB) to increase its dividend payout could also serve as a benchmark for the EPF to increase its dividend payout.

They also took into account the fact that the first three quarters of 2023 are quite good and there is no special drawing program, the EPF is expected to hand out a higher dividend payout rate than in previous years.

You May Also Like

Ananda Krishnan, Malaysian Tycoon, Passes Away at 86

Facebook Twitter Pinterest LinkedIn Tumblr Ananda Krishnan, the influential Malaysian tycoon known…

Child Marriages and Pregnancies in Malaysia Raise Alarm

Facebook Twitter Pinterest LinkedIn Tumblr The alarming rise in child marriages and…

Malaysia’s Digital Economy Set to Surge to $31 Billion by 2024

Facebook Twitter Pinterest LinkedIn Tumblr Malaysia’s digital economy is on track to…

USS Abraham Lincoln Makes Historic Visit To Malaysia

Facebook Twitter Pinterest LinkedIn Tumblr The USS Abraham Lincoln (CVN 72), a…