Unclaimed dividend Archives

SEC Directs Companies To Honour Unclaimed Dividend Requests

June 11, 2025 0

The Securities and Exchange Commission has directed all public companies and Registrars to stop treating unclaimed dividends older than 12 years as “statute-barred”—especially those dating from before the enactment of the Finance Act 2020.

Capital Market Participants To Get Unique Identifiers – SEC

June 5, 2022 0

In a bid to contain issues of fraud in the capital market as well as reduce to the barest minimum the quantum of unclaimed dividends, capital market participants are to be given unique identifiers.

We Are Not Against Unclaimed Dividends Trust Fund – SEC

December 11, 2020 0

The Securities and Exchange Commission has stated that it is not against the proposal by the Federal Government to set up unclaimed dividends and balances trust fund.

SEC Says N29bn Claimed Through Accounts Harmonisation

November 18, 2020 0

The Securities and Exchange Commission has stated that about N29bn of unclaimed dividends have been claimed by investors through the introduction of regularisation of multiple accounts.

SEC Moves to Tackle Unclaimed Dividends

December 26, 2019 0

The Securities and Exchange Commission, SEC has said that it has outlined a number of initiatives in a bid to resolve the issue of unclaimed dividends in the capital market.

Over N30b unclaimed dividends paid so far – SEC ……….Extends Free Registration Period

January 17, 2017 0

The Securities and Exchange Commission (SEC) has stated that over the sum of N30b has so far been paid to investors in the Nigerian capital market from the backlog of unclaimed dividends. As a means to further reduce the unclaimed dividends profile and curb its growth in the country, the Commission has notified the investing public that it will …