How do I get my unclaimed dividend?
With N200bn Unclaimed Dividends, Here’s How to Retrieve your Money through SEC e-Dividend Portal
- Apply through the SEC e-Dividend Portal. …
- Search for a List of Your Company Shares. …
- Identify Your Unclaimed Dividends. …
- Download and Fill Your Registrar’s e-Dividend Mandate form. …
- Submit Completed forms to Claim Dividends.
The IEPF website usually has all the details of unclaimed amounts. To make a claim, you can use IEPF-5 form. In case an investor doesn’t want to go through the hassles and wants to outsource it to some agency then they can also avail that option.
If you’ve purchased the stocks on or after the ex-date, you will not be eligible for the dividend. If you are eligible for dividends, you will receive the dividends in your bank account (primary bank linked with Zerodha DEMAT), on the dividend payment date.
What are unclaimed dividends?
An unclaimed dividend is recorded when a shareholder fails to claim an already paid dividend while an unpaid dividend is the failure of a company to distribute dividends to shareholders after it has been announced. Shareholders are required to claim dividend within 30 days of when the dividend are declared.
How do I claim dividends after 7 years?
You should claim your dividend on regular basis. If remain unclaimed for seven consecutive years, then the dividends along with its related shares transferred to Investor Education and Protection Fund (IEPF) Authority.
You can trace other lost shares by contacting the three main share registrars: Link Asset Services (Linkgroup.eu or 0371664 0300); Computershare (Computershare.com/uk); and Equiniti (Equiniti.com or 0371 384 2030).
Where is unclaimed dividend shown?
Unclaimed dividends are shown under current liability and provisions in the balance sheet of the company, since shareholder can claim these dividends any time.