The Employees Provident Fund (EPF) has announced a dividend payout of 6.30% for conventional savings and 6.30% for Syariah savings for the financial year 2024.
This marks an increase from the previous year’s dividend of 5.50% for conventional accounts.
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In 2022, the rate stood at 5.35%.
For Syariah accounts, the 2024 dividend rate is also higher than the 5.40% declared in 2023.
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EPF stated that this is the highest dividend payout since 2018, reflecting strong investment performance despite global economic uncertainties. The fund continues to focus on sustainable investments to ensure long-term growth for its members.
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