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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.
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 N190 billion in December 219 (SEC, 2024).
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.
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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.
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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.
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.
Once this is done, your account will be credited automatically with the e-dividend going forward.
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Aside this, if your parents bought shares for you as a kid and you are now an adult, check the link below>>>
https://sec.gov.ng/non-mandated/
If you find your name, consult anyone likely to have bought shares for you maybe when you were little.
All you need to do is:
1. Click on the link
2. Type only your surname/last name on the search box
3. Click search
4. Look through the search results to see your name
5. Click on your name and your name and the company you have share/ outstanding dividend will display
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You may need to reach any registered stockbroker for them to help you if you need to track and claim your lost dividends.”
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Nice information, for some of us who don’t know where to turn to for help.
This E dividend form when filled, where should it be submitted. Moreso, every efforts to get listed companies name prove abortive as the portal do not display them, eg oando plc
Approach a stockbroker in your area