Circular To Shareholders Of Public Companies On Electronic Dividend Payment - Investment - Nairaland
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| Circular To Shareholders Of Public Companies On Electronic Dividend Payment by doctorbabs(m): 10:50am On May 01, 2013 |
CIRCULAR TO INVESTORS/SHAREHOLDERS OF PuBLIC COMPANIES ON ELECTRONIC DIVIDEND PAYMENT. The securities and Exchange Commission has observed with dismay the unprecedented increase in the size of unclaimed dividends in the capital market. The commission hereby requests all investors/shareholders of public companies to forward their Bank account details to their respective Registrars/Stockbrokers on or before 3rd June, 2013 to facilitate the electronic payment of future Dividends. Failure to do so may amount to the automatic forfeiture of future dividends as dividend warrant would cease to exist from 3rd june 2013, except in the event that a shareholder specifically requests in writing for the continue issuance of dividend warrants. Source: http://www.proshareng.com/news/19787 |
| Re: Circular To Shareholders Of Public Companies On Electronic Dividend Payment by Abbott(m): 1:02pm On May 01, 2013 |
Dr where is your source? |
| Re: Circular To Shareholders Of Public Companies On Electronic Dividend Payment by doctorbabs(m): 2:10pm On May 02, 2013 |
Businessday monday 22 April 2013 signed by management Securities and exchange commission. |
| Re: Circular To Shareholders Of Public Companies On Electronic Dividend Payment by manie(m): 4:59pm On May 03, 2013 |
doctorbabs: CIRCULAR TO INVESTORS/SHAREHOLDERS OF PuBLIC COMPANIES ON ELECTRONIC DIVIDEND PAYMENT. SEC has suspended the deadline on dividend warrant issuance. |
| Re: Circular To Shareholders Of Public Companies On Electronic Dividend Payment by Omexonomy: 5:19pm On May 06, 2013 |
What if we cant open a current account. How are we to go about it. |
| Re: Circular To Shareholders Of Public Companies On Electronic Dividend Payment by doctorbabs(m): 9:58pm On May 07, 2013 |
Omexonomy: What if we cant open a current account. How are we to go about it. there is a kind of arrangement between banks and registrars as far as E-dividend is concern, they can pay ur dividends into ur acct been it saving or current acct. |
| Re: Circular To Shareholders Of Public Companies On Electronic Dividend Payment by alexvatt(m): 1:17pm On May 10, 2013 |
I think e-divident is a welcome development. It is acceptable. SEC has done well. |
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