EPF pays highest dividend in 16 years with overseas boost


  • Business Premium
  • Tuesday, 10 Feb 2015

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.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Business , EPF , Shahril , dividends , stocks , shares , overseas , investments ,

   

Next In Business News

Bursa Malaysia succumbs to selling pressure Premium
Global airlines prepare for Omicron volatility, agility will be key Premium
Pharmaniaga allocates RM295mil for FY22 capex Premium
Producer price index hits new record in October 2021 after surging 13.2% Premium
Md Alwi appointed MDEC chairman Premium
Bintai Kinden signs MoU for RM700mil GDV development near KLIA Premium
Awanbiru inks RM79.89mil deal for supply of Google workspace solutions Premium
Petronas awards feed contracts for Sabah's nearshore LNG project Premium
Cagamas concludes pricing of RM4bil worth of bonds, sukuk Premium
Malaysia's November manufacturing PMI rises to 52.3 Premium

Others Also Read


Vouchers