Tough for the EPF to repeat its dividend act

Other local funds have declared much lower dividends. Lembaga Tabung Haji

LAST year when the Employees Provident Fund (EPF) declared a dividend of 6.4% for its contributors, it came as a pleasant surprise to most people.

The dividend, which is for its performance in 2015, was lower than the 6.75% declared in the previous year. But nobody quibbled over it. One reason was the bad over-riding sentiment during the month of February a year ago.