{"id":509345,"date":"2026-02-28T08:45:07","date_gmt":"2026-02-28T08:45:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/509345\/"},"modified":"2026-02-28T08:45:07","modified_gmt":"2026-02-28T08:45:07","slug":"two-factors-led-to-lower-epf-dividends-this-year-says-ceo","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/509345\/","title":{"rendered":"Two factors led to lower EPF dividends this year, says CEO"},"content":{"rendered":"<p>SHAH ALAM: There were two factors contributing to the lower dividend payments for this year, says Employees&#8217; Provident Fund (EPF) chief executive officer Ahmad Zulqarnain Onn.<\/p>\n<p>Among them is the slower growth of the Bursa Malaysia\u2019s Kuala Lumpur Composite Index (KLCI)\u00a0 which grew at 2.3% last year compared to about 12.9% in 2024.<\/p>\n<p>ALSO READ: <a href=\"https:\/\/www.thestar.com.my\/news\/nation\/2026\/02\/28\/epf-declares-615-dividend-for-conventional-savings-for-2025\" target=\"_blank\" rel=\"nofollow noopener\">EPF declares 6.15% dividend for conventional savings for 2025<\/a><\/p>\n<p>Secondly, he said assets denominated in the US dollar were also impacted due to the strength of the local currency.<\/p>\n<p>\u201cAnd also the strengthening of the ringgit against the US dollar, which impacted the value in ringgit of our income from dollar assets,\u201d he said.<\/p>\n<p>&#8220;The ringgit does impact our international holdings and it was one of the best performing currencies in the world, gaining 10.2%,\u201d he added.<\/p>\n<p>ALSO READ: <a href=\"https:\/\/www.thestar.com.my\/news\/nation\/2026\/02\/28\/epf-investment-assets-grew-128-to-rm1409-trillion-in-2025\" target=\"_blank\" rel=\"nofollow noopener\">EPF investment assets grew 12.8% to RM1.409 trillion in 2025<\/a><\/p>\n<p>The EPF declared a dividend rate of 6.15% for conventional savings for 2025, with the total payout amounting to RM67.1bil.<\/p>\n<p>Meanwhile, the dividend rate for syariah savings was 6.15% with the payout totaling to RM12.5bil.<\/p>\n<p>ALSO READ: <a href=\"https:\/\/www.thestar.com.my\/news\/nation\/2026\/02\/28\/epf-to-launch-i-legasi-for-parents-to-share-savings-with-children\" target=\"_blank\" rel=\"nofollow noopener\">EPF to launch i-Legasi for parents to share savings with children<\/a><\/p>\n<p>Both the conventional and syariah savings recorded lower dividends than the previous year.<\/p>\n<p>For 2024, EPF declared a dividend rate of 6.3% for conventional savings with a total payout amounting to RM63.05bil, as well as a 6.3% dividend for syariah savings, with a payout amounting to RM10.19bil.<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"SHAH ALAM: There were two factors contributing to the lower dividend payments for this year, says Employees&#8217; Provident&hellip;\n","protected":false},"author":2,"featured_media":509346,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[249823,64,63,99,12585,255461,35787,186,184,185,111177],"class_list":{"0":"post-509345","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-ahmad-zulqarnain-onn","9":"tag-au","10":"tag-australia","11":"tag-business","12":"tag-ceo","13":"tag-contribute","14":"tag-epf","15":"tag-finance","16":"tag-personal-finance","17":"tag-personalfinance","18":"tag-reasons"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/509345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=509345"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/509345\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/509346"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=509345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=509345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=509345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}