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.
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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