Higher EPF dividend expected, says minister

Free Malaysia Today

Finance minister II Amir Hamzah Azizan says this is based on the fund’s strong performance last year.  Read More:  https://www.freemalaysiatoday.com/category/nation/2025/02/23/higher-epf-dividend-expected-says-minister/  Laporan Lanjut:  https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/02/23/dividen-kwsp-2024-dijangka-lebih-baik-kata-amir-hamzah/  Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #EPF #Dividen #AmirHamzahAzizan

Transcript

00:00The employee's provident fund's encouraging performance for the third quarter of 2024

00:06is expected to yield good returns for contributors.

00:10Second Finance Minister Amir Hamza Azizan said EPF contributors can expect better dividend

00:17distribution for 2024 compared with 2023, Bernama reported.

00:22He highlighted EPF's 57.5 billion ringgit investment income as of the third quarter

00:28of last year, noting that it was an improvement over the same period in 2023.

00:35Amir said he could not review the dividend rate yet, but assured that it would be better

00:40and encouraging.

00:41EPF is expected to announce the 2024 dividend rate in early March.

00:47Financial economists and academics had previously predicted EPF's 2024 dividend to exceed 6%.

00:55EPF declared a higher dividend of 5.50% for 2023 compared with 5.35% in 2022 for conventional

01:05savings.

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