Last year was bad for both domestic and external markets. Neverthless, will the EPF pull off a surprise?
IT is that time of the year again when the Employees Provident Fund (EPF) declares its dividend to its 14.59 million contributors.
Over the past 10 years, the provident fund has generally been declaring dividends of more than 6%, irrespective of the performance of the local stock market. There have been only three occasions – 2009,2010 and 2016 – when the EPF’s dividends dipped below the 6% mark.
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