EPF pays highest dividend in 16 years with overseas boost

EPF chief executive officer Datuk Shahril Ridza Ridzuan speak to the media during the Media briefing on investment performance and the 2014 Divident in Kuala Lumpur, yesterday.

KUALA LUMPUR: Overseas equity investments were a major contributor to the Employees Provident Fund’s (EPF) stellar 2014 financial results, which saw the fund declaring its highest dividend rate since 1999 of 6.75%, amounting to a total payout of RM36.66bil.

Unveiling the details of its results, chief executive officer Datuk Shahril Ridza Ridzuan (pic) said it aimed to expand its global investments to 26% over the next three years from 23%, or RM149.56bil, currently.