EPF declares 6.1% for conventional savings, 5.65% for syariah

KUALA LUMPUR: The Employees Provident Fund (EPF) has declared a dividend rate of 6.1% for Conventional Savings 2021, with payout amounting to RM50.5bil and 5.65% for Syariah Savings 2021 with a payout amounting to RM6.3bil.

In total, the payout for 2021 amounts to RM56.8bil.

Last year, EPF declared dividends of 5.2% for Conventional Savings 2020 and 4.9% for Syariah Savings 2020.

The past decade saw EPF’s dividend payout for Conventional Savings at 5.8% in 2010 followed by 6% (2011), 6.15% (2012), 6.35% (2013), 6.75% (2014), 6.4% (2015), 5.7% (2016), 6.9% (2017), 6.15% (2018), 5.45% (2019) and 5.2% (2020).

For Syariah Savings, it recorded dividends of 6.4% in 2017, 5.9% in 2018, 5% in 2019 and 4.9% last year (2020).

More to come

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