Experts predict higher EPF payout


The Employees Provident Fund (EPF) is expected to announce a dividend at Menara KWSP Kwasa Damansara. (Mac 1 2024) — ART CHEN/The Star

PETALING JAYA: The Employees Provident Fund (EPF) is expected to declare higher 2024 dividends on the back of a strong investment performance, with analysts predicting payouts up to 6% for conventional savings and 5.60% for syariah funds.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afza­nizam Abdul Rashid is anticipating the low end of the dividends to be 5.60% for conventional ­savings and 5.50% for syariah accounts.

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