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EPF declared 5.70% dividend for 2016

The Employees Provident Fund (EPF, a.k.a. KWSP) has just declared the dividend rate for financial year 2016 to be 5.70%, which is 11% lower than the 6.40% dividend declared for 2015 (last year). Calculation: (5.70-6.40)/6.40 = -0.70/6.40 = -11% This is the 2nd year of dividend decline since the...

By: ppfoong



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