KWSP Declares 5.50% EPF Dividend Rate For 2023


The Employees Provident Fund (EPF) has declared a dividend payout of 5.50% for the conventional account, and 5.40% for the Syariah account.

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EPF Dividend Rate for 2023 is 5.50%

This figure is an increase from last year’s dividend payout of 5.35%. In 2021, the dividend rate was 6.1%.

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Ahmad Zulqarnian, the Chief Executive Officer of the EPF, shared insights into the fund’s performance amidst a year fraught with market volatility.

Despite the less than favorable conditions both locally and globally, the EPF has seen its assets under management (AUM) surge, now estimated at RM1.136 trillion.

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This increase is attributed to a higher rate of member contributions, showcasing the fund’s resilience and strategic management in navigating the complexities of the financial landscape.

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