The acting Director-General, SEC, Ms Mary Uduk, said in a statement that there would be no transaction in respect of any account that its information was not updated.
Uduk described the issue of unclaimed dividends as a legacy issue as they happened way back in the past, adding that right now, the major problem had to do with identity management which the capital market and other -stakeholders were working to resolve. “The registrars do not have direct interface with shareholders, they deal directly with stockbrokers; but there is a committee comprising the SEC, registrars, stockbrokers, issuing houses, the CSCS and the Nigerian Stock Exchange, working on that in addition to the e-dividend management committee.”
She stated that some investors did not provide their account numbers and it was agreed that they would update their information, which would be transmitted to the CSCS that would update the information and send them to the registrars.
I've tried getting my dividends but I have up when there was no response. Are people still even buying stocks...
My money is part of this dividend
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