EPF declares 5.7% dividend for 2016

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

KUALA LUMPUR: The Employees Provident Fund (EPF) has declared a 5.7% dividend for 2016, with total payout of RM37.08bil.

Chairman Tan Sri Samsudin Osman said the EPF had consis­tently exceeded its two strategic investment targets of at least 2.5% nominal dividend on a yearly basis and at least 2.0% real dividend on a rolling three-year basis.