When Will EPF Declare Dividend for 2013? -> EPF 2013 Dividend Declaration: When?

When Will EPF Declare Dividend for 2013? EPF 2013 Dividend Declaration: When?

The Employees Provident Fund (EPF) is a government-managedretirement savingsfund in Malaysia, which provides retirement benefits to its members. One of the benefits of being an EPF member is receiving dividends on your contributions. As an EPF member, you may be wondering when the fund will declare its dividend for the year 2013. In this article, we will look at the EPF dividend declaration process and when you can expect to receive your dividend.

EPF Dividend Declaration Process

The EPF dividend is declared annually and is based on the fund's performance for the year. The fund's performance is measured by the investment income earned on its portfolio of investments, which includes equities, bonds, and other financial instruments. After deducting expenses, the remaining income is distributed as dividends to its members.

EPF 2013 Dividend Declaration

The EPF usually declares its dividend in February or March of the following year. For example, the dividend for 2012 was declared in February 2013, while the dividend for 2014 was declared in February 2015. This means that you can expect the EPF to declare its dividend for 2013 in February or March 2014.

EPF Dividend Rates

The EPF dividend rate is not fixed and varies from year to year. The dividend rate for 2012 was 6.15%, while the dividend rate for 2014 was 6.75%. The EPF Board will decide on the dividend rate for 2013 based on the fund's performance for the year. It is worth noting that the EPF has consistently declared a dividend for its members every year since its inception in 1951.

Investment Considerations

As an EPF member, you have the option to invest part of your savings in the fund'sinvestment schemes, such as the EPF-approved unit trust funds. These investment schemes offer potentially higher returns than the EPF's traditional savings scheme, but also carry higher risks. It is important to consider your risk appetite and investment goals before making any investment decisions.

Conclusion

In conclusion, the EPF usually declares its dividend for the previous year in February or March of the following year. As an EPF member, you can expect to receive your dividend around April or May. The dividend rate is not fixed and varies from year to year, depending on the fund's performance. If you are considering investing part of your EPF savings in the fund's investment schemes, it is important to do your research and consider your risk appetite and investment goals.