SHAH ALAM (March 1): The 6.3 per cent dividend rate announced by the Employees Provident Fund (EPF) for both Simpanan Konvensional and Simpanan Shariah for 2024 is the highest since 2017, according to chief executive officer Ahmad Zulqarnain Onn. Among the factors determining the latest dividend rate were the 12.7 per cent increase in theRead More

Looking at the long-term growth rate over the past two decades, he said it translates into 8.5% y-o-y.

Most EPF contributors expressed gratitude, describing the high dividend as a blessing ahead of Ramadan which directly increases their retirement savin...