How do I claim dividends on shares in Nigeria?

How do I claim my share dividend?

With N200bn Unclaimed Dividends, Here’s How to Retrieve your Money through SEC e-Dividend Portal

  1. Apply through the SEC e-Dividend Portal. …
  2. Search for a List of Your Company Shares. …
  3. Identify Your Unclaimed Dividends. …
  4. Download and Fill Your Registrar’s e-Dividend Mandate form. …
  5. Submit Completed forms to Claim Dividends.

How do I claim unclaimed dividends on shares?

Toll Free No.:1800-114, Email: iepf@mca.gov.in, Website: www.iepf.gov.in. 1. Download the form IEPF-5 from the website of IEPF (http://www.iepf.gov.in) for filing the claim for refund. Read the instructions provided on the website/instruction kit along with the e-form carefully before filling the form.

How do I find unclaimed dividends?

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What happens to unpaid dividends?

Unpaid dividends exist because there is a difference between the time when a company announces its dividend and the time when that dividend is paid. During this time, a company will record any unpaid dividends on its books, but this balance will be eliminated once the dividends are paid.

How do I claim unclaimed dividends after 7 years?

As per, Section 124(5) of the Companies Act 2013, any dividend amounts, which remains unpaid or unclaimed for a period of 7 years from the date they became due for payment, shall be finally transferred by the company to the IEPF.

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Do dividends expire?

Check Regulations. Dividend checks are subject to the same regulations that apply to other paper checks. Checks don’t expire, but they become stale when they are more than six months old. There are no federal laws that obligate banks to cash stale checks, although it is required in some states.

How do I recover unclaimed shares?

Recovery of Shares

  1. Transfer of shares after death of an original shareholder.
  2. Transfer of physical shares.
  3. Recovery of lost shares.
  4. Issue of duplicate shares.
  5. The claim of shares from IEPF.
  6. The claim of dividend from IEPF.
  7. Following up with Registrar and Transfer Agent (RTA) for transfer of shares.

How do I find unclaimed dividends in Nigeria?

How to Check and Claim Your Dividends

  1. Take note of your Registrar’s name.
  2. Note the name of the company you have their shares.
  3. Take note of your investment account number.
  4. Click on the link at the top of the SEC Portal and download your Registrar’s e-mandate form.