Kuala Lumpur: The Employees Provident Fund (EPF) Board on Saturday announced a dividend rate of 6.30 per cent for Simpanan Konvensional, with a total payout of RM63.05 billion, and 6.30 per cent for Simpanan Shariah, with a total payout of RM10.19 billion.
This brings the total payout amount for 2024 to RM73.24 billion, benefiting over 16 million members, the retirement savings fund said in a statement.
For the year ended Dec 31, 2024, the EPF recorded a total investment income of RM74.46 billion, up 11 per cent from the RM66.99 billion recorded in 2023.
The amount is net of listed equity write downs recorded for the year.
Its investment assets grew to RM1,249.71 billion, an increase of 10 per cent from RM1,135.82 billion in 2023.
“This increase was driven by portfolio income and net contributions of RM108.22 billion, an 11 per cent increase from RM97.56 billion in 2023,” it said.
