EPF's 6.4 pct dividend for 2015 commendable, says Tengku Zafrul

The Employees Provident Fund's (EPF) declaration of a 6.4 per cent dividend for 2015 is a commendable achievement, says CIMB Group Chief Executive, Tengku Datuk Seri Zafrul Aziz.

He said in a statement today that it was an indication of good and prudent investment management as global markets faced multiple headwinds.

Last Saturday, the retirement savings fund declared a dividend rate of 6.4 per cent for 2015, with a total payout of RM38.24 billion.

The increase was in tandem with the growth in EPF's investment assets, which stood at RM684.53 billion as at Dec 31, 2015, while gross income grew 13.18 per cent to RM44.23 billion compared with RM39.08 billion in 2014.