Journey of a Kampung Investor in search of financial freedom
The Employees Provident Fund (EPF) performed better for 2009 compared to 2008 by declaring a dividend rate of 5.65 dividend rate for financial year ended Dec 31, 2009, up from the 4.5 percent paid out for 2008.
The Employees’ Provident Fund (EPF) dividend for 2009 is expected to be higher compared to the 4.5% paid out in the previous year.
Most Malaysians must be very pissed learning that EPF will only pay a mere 4.5% dividend for it’s members despite recording its highest ever earnings of RM20bil in gross income last year, up 9.36% from the RM18.29bil recorded previously.
Meanwhile, Amanah Saham Nasional, ASN is distributing 6.5% to it’s members which is comparatively 2% higher compared to EPF.
