Wednesday, February 07, 2007

Low EPF Dividend

Employees Provident Fund ("EPF") in their press release has disclosed that they have declared a higher dividend. Compared to previous year only? What about previous years? The stock market has been hitting the high end since last quarter of year 2006.

Why did I say that EPF's dividend is low? It's when their funds/assets are compared against what Lembaga Tabung Angkatan Tentera ("LTAT") has.

LTAT
10% dividend from a total fund of approximately RM4.72 billion.

EPF
Gross investment income for 2006 rose by 1.45% to RM13.30bil, from RM13.11bil in the previous year. Their total fund available is RM262 billion. Thereby, the ROI is around 5%. EPF's total fund is around 55 times more than LTAT's funds.

Real disappointment actually!
Tags: EPF, Employees Provident Fund, LTAT, Dividend, ROI

No comments:

Pattaya International Fireworks Festival

Pattaya is definitely firing up its presence internationally. Covid19 has hit many nations really hard and Pattaya wasn't exempted from ...