EPF Dividend Rates For 2024 (Plus How To Check Your Dividend Payout)
Table of Contents
The Employees Provident Fund (EPF) has announced its highest dividend payout in 7 years. 6.30% for Simpanan Konvensional and 6.30% for Simpanan Shariah, bringing the total payout amount for 2024 to RM73.24 billion.
In a media statement, EPF announced that for the year ended 31 December 2024, the EPF recorded a total investment income of RM74.46 billion. This is 11% higher than the RM66.99 billion recorded in 2023. The amount is net of listed equity write downs recorded for the year.
EPF’s Investment Portfolio Performance in 2024
Fixed Income instruments made up 46.2% of investment assets, while Equities comprised 43.5%. Real Estate and Infrastructure as well as Money Market Instruments made up 6.3% and 4% of EPF assets, respectively.
Higher dividends driven by recovering global and domestic markets
As at December 2024, the EPF’s investment assets stood at RM1,249.71 billion, of which 63% was invested domestically. Domestic investments generated RM37.02 billion, or 49.7% of total investment income. Global assets generated income of RM37.44 billion, or 50.3%, of the total investment income recorded.
“EPF is pleased to announce higher dividends for 2024, driven by recovering global and domestic markets, resilient economic growth, and sound portfolio management,” EPF Chairman Tan Sri Mohd Zuki Ali commented.
Strategic Asset Allocation (SAA) going forward into 2025
Tan Sri Mohd Zuki added that EPF’s commitment to sustainable growth is guided by its Strategic Asset Allocation (SAA). Fixed Income Instruments will continue to anchor the portfolio, while domestic Equities will play a key role in generating returns.
EPF historial dividend rates from 2010 to 2024
“As the economy evolves, we carefully manage risks to ensure both short-term gains and long-term stability, allowing us to offer fair and competitive dividends to over 16 million members,” he said.
How to check your EPF dividend payout?
For EPF members who want to check if the dividend has been credited into their EPF account, here’s what EPF stated.
The crediting of the dividends for both Simpanan Konvensional and Simpanan Shariah will be completed on Sunday, 2 March 2025. Members may check their accounts via i-Akaun or get their statement from EPF’s Self-Service Terminal (SST) nationwide.
Members may obtain their statement through the following channels:
- check their accounts via i-Akaun
- get their statement from EPF’s Self-Service Terminal (SST) nationwide.
