Saturday, February 22, 2020

EPF declared 5.45% (conventional) / 5.00% (shariah) dividend for 2019

The Employees Provident Fund (EPF, a.k.a. KWSP) has just declared the dividend rate for financial year 2019.

For year 2019, the dividend declared for conventional account is 5.45% while for Shariah account is 5.00%. The dividend has already credited into members' account, and you can check for it by login into your EPF i-Account.

Year 2019 was the third year of dividend declaration for Shariah account, while dividend for conventional account has been declared annually since 1952. The dividend for Shariah account in all the years from 2017 to 2019 were lower than the dividend for conventional account of the same year.

The 5.45% dividend for EPF conventional account in 2019 is 11.38% lower than the 6.15%  dividend declared for 2018 (last year).

Calculation: (5.45-6.15)/6.15 = -0.7/6.15 = -11.38%

It is 9.00% higher than the 5.00% Shariah dividend declared for the same year.

Calculation: (5.45-5.00)/5.00 = 0.45/5.00 = 9.00%

The table below shows the historical EPF dividend payout rate since 2001, for you to judge yourself whether the dividend payout rate in 2019 is satisfactory or not.


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