EPF payout could hit 6%, analysts predict

For a rainy day: Gaining employment and recouping salary cuts and income losses should be top priority for many Malaysians. — AZMAN GHANI/The Star

PETALING JAYA: Economists are predicting a higher dividend payout for Employees Provident Fund (EPF) contributors for the year 2021. The dividend paid for the year earlier was 5.2%.

Prof Yeah Kim Leng of Sunway University said EPF would likely declare about 6% dividend due to the first nine months’ net investment income in 2021 rising by 26%, as well as positive performance of domestic and global equity markets during the fourth quarter.