UPDATE – UNCLAIMED DIVIDENDS: Way Out For Investors In Shares In Companies – HOW TO CLAIM DIVIDENDS YOU HAVE LONG FORGOTTEN!

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If you are among those who have invested hugely in stock market and have bought shares for your yourself and family members and you have not received your dividends for many years, this information is for you.

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All you need to do is to follow the guidelines below to claim your dividend through e-dividend payment directly into your account.

UNREGISTERED INVESTORS FOR E-DIVIDEND PAYMENT*

Unclaimed dividends increased from N109.1 billion in December 2016 to N130 billion in December 219 (SEC, 2020).

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You can however search for you or your loved ones who have unclaimed dividends using Security and Exchange Commission Portal and claim your dividends with these steps.

Step 1: Input your first name and last name into this link:

https://lnkd.in/exQBBrd

to get a list of your shares from SEC.
This will give you a screenshot of all the companies you have shares in, and the registrars in charge.

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Note: if you have changed your name due to marriage or other reasons, search with your previous name and also try different format of name e.g. those with prefixes e.g ‘Olu’, ‘Oluwa’ etc.

Step 2: Take note of your registrar’s name.
A registrar, is the company that keeps the shareholder’s details for other companies. So, your shares could have data with different registrars.

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Step 3: Download and fill your registrar’s form which is beside the company’s name on the website.

Step 4: Submit your form.
Some companies require you to go to your bank and get a bankers confirmation, so they can initiate the e-dividend form for you.

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Once this is done, your account will be credited automatically with the e-dividend going forward.

*THIS RESEARCH OUTPUT MAY BE USEFUL, KINDLY SHARE GENEROUSLY*

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www.sojworldnews.com (c) June 11, 2020

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