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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

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

   

Next In Business News

Wall Street set for higher open as rate-cut hopes linger
Shell in talks to sell Malaysia fuel stations to Saudi Aramco, sources say
Court Of Appeal rules in favour of SC in insider trading case
EPF buys more shares in QL Resources, raising stake to 5.01%
MGRC and Twistcode Technologies collaborate to develop advanced bioinformatics platform
Ringgit trims earlier gains to end slightly lower against US dollar
Ho Hup disposes of Bukit Jalil land for RM110mil
Perodua eyes 79% export surge to 1,960 units this year
Favelle Falco secures RM39.2mil contracts for offshore, tower cranes
RHB Islamic International Asset Management appoints Najman Isa as CEO

Others Also Read