Dividend payments are based on the balances in the respective accounts, whether Akaun Persaraan (Account 1), Akaun Sejahtera (Account 2) or Account 3.
KUALA LUMPUR: The 6.15 per cent dividend declared by the Employees Provident Fund (EPF) today will be credited into Akaun Fleksibel (Account 3 or the flexible account) based on the balance in that account, according to chief executive officer Ahmad Zulqarnain Onn.
He said dividend payments are based on the balances in the respective accounts, whether Akaun Persaraan (Account 1), Akaun Sejahtera (Account 2) or Account 3.
“We cannot take the dividend (of one account) and put it into another account,” he said during a media conference after the 2025 EPF dividend announcement.
Ahmad Zulqarnain explained that this is in accordance with the EPF Act 1991 which states the dividends must be credited into the respective savings accounts of members.
On Sunway Bhd’s proposed takeover offer of IJM Corporation, Ahmad Zulqarnain said that EPF, a major shareholder of IJM, has yet to make a decision on the offer, as the fund is waiting for the independent advice circular to be issued on March 16.
“We will then go to our respective governance process in terms of making the decision whether to accept the offer,” he added.
It was reported that the EPF holds a 20 per cent stake in IJM, while Permodalan Nasional Bhd (PNB) owns under 13.5 per cent, the Retirement Fund Inc (KWAP) 9.64 per cent, Ministry of Finance-owned Urusharta Jamaah Sdn Bhd 2.84 per cent, and Lembaga Tabung Haji 1.47 per cent.
Meanwhile, elaborating on the 6.15 per cent dividend rate compared to the 6.3 per cent rate declared for the previous year, Ahmad Zulqarnain said Bursa Malaysia’s gain of about two per cent compared with the 12 per cent index growth in 2024 affected the fund’s financial performance.
“The strengthening of the ringgit also contributed to the EPF’s financial performance,” he added.
The EPF earlier announced a dividend rate of 6.15 per cent for 2025 (2024: 6.3 per cent) for both the conventional and shariah savings accounts, with a total payout of RM79.6 billion.
For the year ended Dec 31, 2025, it recorded total distributable income of RM82.7 billion, up 9.5 per cent from RM75.5 billion in 2024.
