Higher EPF dividends expected - News Summed Up
Higher EPF dividends expected

Higher EPF dividends expected

February 24, 2024 20:20 UTC

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Higher EPF dividends expected


The EPF reported a 19.34% year-on-year increase in total investment income to RM14.67bil in the third quarter of last year after netting off write-downs. ALSO READ: EPF switch won’t pay dividends so soonSome RM4.62bil of the investment income was generated from mark-to-market (MTM) gains of securities that have not been realised, due to the fluctuation of foreign exchange rates. As such, Mohd Afzanizam said a better dividend payout can be expected. “We shall expect a better EPF dividend this year. Already, the EPF has recorded a 33% increase in total investment income for the first nine months of 2023,” he said.


Source: The Star February 24, 2024 20:20 UTC



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