For the record, the EPF paid dividends of between eight and 8.5 per cent between 1980 and 1994. It paid only 4.75 per cent in 2005 2004, 5.00 percent in 2005 and 5.15 per cent in 2006.
The Star, 22 January 2008
5.8% dividend for EPFKUALA LUMPUR: The Government announced a dividend of 5.8% for the Employees Provident Fund (EPF) for last year, up from 5.15% in 2006.
“Investment in foreign assets achieved good returns and I hope EPF will continue to take new initiatives for the country’s development,” said Finance Minister II Tan Sri Nor Mohamed Yakcop.
The EPF, the sixth biggest public fund manager in Asia, has RM312bil in assets and has been able to play an important role in the country’s development, he added.
EPF has in its portfolio US$1.8bil (RM5.76bil) worth of assets in other countries as a result of its recent diversification effort, he noted.
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