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How To Retrieve Your Unclaimed Dividends - Investment (6) - Nairaland

Nairaland Forum / Nairaland / General / Investment / How To Retrieve Your Unclaimed Dividends (25585 Views)

Please How Much Do I Have In Unclaimed Dividends Now / Verify If You Have Unclaimed Share Dividends And Follow This Process To Retriev. / Unclaimed Dividends: How To Get Them Back (2) (3) (4)

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Re: How To Retrieve Your Unclaimed Dividends by richmanrichard: 12:26pm On Jan 17
lavylilly:
They will frustrate you but show them some madness do not form any gentle man however if it more than 12yrs forget the dividend, you CANNOT get it.
i bought it at d end of 2008.its 12yrs n few months old now
Re: How To Retrieve Your Unclaimed Dividends by yMcy56(f): 2:42pm On Jan 17
KosiGee:
I have started the process but I just noticed that Firstbank e mandate form is on pdf. They also require that a passport photo be attached with customers detail written behind it.

There seem to be no option of completing the form, scanning and emailing it especially for those who are not in Nigeria.
Stumbled on this thread and feel like contributing on the little I know.

To your question:
There's always a way of completing the form.
- Print the form
- Fill it
- Attach passport in the passport column
- Scan filled form
- Send to info@firstregistrarsnigeria.com
- Be doing follow up
Re: How To Retrieve Your Unclaimed Dividends by yMcy56(f): 2:45pm On Jan 17
iretemide:
please, I bought my own @ then skye bank .
I didn't see my name there.
How can I retrieve mine
Sorry Skye Bank is defunct now, it's been delisted.
I doubt if you can get anything again.
Re: How To Retrieve Your Unclaimed Dividends by KosiGee: 2:45pm On Jan 17
yMcy56:

Stumbled on this thread and feel like contributing on the little I know.

To your question:
There's always a way of completing the form.
- Print the form
- Fill it
- Attach passport in the passport column
- Scan filled form
- Send to info@firstregistrarsnigeria.com
- Be doing follow up


Thanks boss.

1 Like

Re: How To Retrieve Your Unclaimed Dividends by yMcy56(f): 2:49pm On Jan 17
johnsurvive:
I have fist bank and UBA share with certificates but can't find my name on the list when I checked using the given link. What can I do
Contact first registrar's for first Bank shares and Afriprud for UBA to lodge your complaints.
Contact First Registrars on : info@firstregistrarsnigeria.com
and
Afriprud on : cfc@africaprudential.com

If you're closer to their office, visit them.
Re: How To Retrieve Your Unclaimed Dividends by yMcy56(f): 2:52pm On Jan 17
Cantonese:
If the dividends expire what happens to the shares? Do they expire too?
No. Shares don't expire.
Contact appropriate Registrar for the shares you have.
Re: How To Retrieve Your Unclaimed Dividends by yMcy56(f): 3:00pm On Jan 17
harmony75:
ok thank you the dividend was littered in the house with all these dubious stockbrokers what do I do!?
If you have the share certificates, go and open an account with an active broker BUT you have to explain your ordeal to them so they can handle it appropriately for you.

They'll open another account for you and use your existing CHN instead of opening new one for you.
Then they'll proceed to dematerializing the certificates for you.
You have to persevere cos it will involve some forth and back but just endure till it's sorted for you.
May cost you some change too.
Re: How To Retrieve Your Unclaimed Dividends by yMcy56(f): 3:02pm On Jan 17
Capernum:
Please. Someone help. I just search for my late dad's name and I found his name with African prudential registrars. I have downloaded the forms. Please what is next?

Remember that he is dead, how do I get his without fail? BluntCrazeMan please help
@emmasoft may be of help here.

Search for the moniker and direct the question to him.

1 Like

Re: How To Retrieve Your Unclaimed Dividends by yMcy56(f): 3:06pm On Jan 17
NaMeAboki:
I completed my forms and submitted to my bank (FCMB) before the 28/02/18 SEC e-dividend deadline; but have not received any thing since then.
Have subsequently made enquiries at the bank but they seem to not know anything about the matter and quite nonchalantly redirected me to go to my registrars instead (which I've not done yet).
Surprisingly; after entering my name in the SEC search platform only two out of my shares emerged - in contrast to all four when I last logged into the said platform back in 2018; I am now concerned whether those shares are still intact or lost to fraud.

What should I do?
FCMB as a bank may not be able to assist you.
Contact FCMB registrar instead.
Cardinal Stone Registrar.
Re: How To Retrieve Your Unclaimed Dividends by yMcy56(f): 3:11pm On Jan 17
CeCeEkol:
Just tried it now, inputed my name and nothing came up! what next please?
Google the Registrar for each company share you have.
Contact the Registrar.
Re: How To Retrieve Your Unclaimed Dividends by yMcy56(f): 3:24pm On Jan 17
Musty4ahmed1:
This is highly informative. I have just downloaded the e dividend form from my registrer EDC formerly Oceanic registrers. However I have few questions please, I have not received any dividend on my share since 2009, 1.I bought Dangote flour mill shares, are they going to credit my account iwith my unpaid dividend since 2009?
2. What is the current value of the dividend paid since 2019?
3. Can my dividend be paid to other bank apart from ECO bank which seems to be the parent bank of EDC?
1. Dangflour has been acquired by Olams and delisted on NSE.
Download and fill their Registrar's E-dividend form and send to them via mail.
They will calculate whatever is due to you up till when it was purchased.
2. Dangflour registrar has the answer.
3. Yes. Your dividend can be paid to other bank. Only ensure that the name tallies with the name used in purchasing the shares.

1 Like

Re: How To Retrieve Your Unclaimed Dividends by yMcy56(f): 3:27pm On Jan 17
femo86:

I saw my Name ooooo
But seems DangoteFLOUR don pack up...not listed on the stock market again
Dangflour was bought over by another firm and all shareholders paid off.
Download, fill and send your E-DIVIDEND form to EDC Registrar.
Once your form is accepted and mandated, they will calculate what's due to you and credit your bank account with it.

Follow up is important.
Re: How To Retrieve Your Unclaimed Dividends by NaMeAboki: 4:48pm On Jan 17
yMcy56:

FCMB as a bank may not be able to assist you.
Contact FCMB registrar instead.
Cardinal Stone Registrar.

Thanks a million.

1 Like

Re: How To Retrieve Your Unclaimed Dividends by Musty4ahmed1: 4:51pm On Jan 17
yMcy56:

1. Dangflour has been acquired by Olams and delisted on NSE.
Download and fill their Registrar's E-dividend form and send to them via mail.
They will calculate whatever is due to you up till when it was purchased.
2. Dangflour registrar has the answer.
3. Yes. Your dividend can be paid to other bank. Only ensure that the name tallies with the name used in purchasing the shares.
Thank you so much. God bless you. Please when did Olams acquire Dangote shares?
Re: How To Retrieve Your Unclaimed Dividends by lavylilly: 5:42pm On Jan 17
richmanrichard:
i bought it at d end of 2008.its 12yrs n few months old now
Give it a shot.
Re: How To Retrieve Your Unclaimed Dividends by yMcy56(f): 6:51pm On Jan 17
Musty4ahmed1:
Thank you so much. God bless you. Please when did Olams acquire Dangote shares?
Around Oct. 2019
They offered and paid shareholders exit price of N24 per share.

https://www.google.com/amp/s/www.vanguardngr.com/2019/11/olam-completes-acquisition-of-dangote-flour-mills/amp/

1 Like

Re: How To Retrieve Your Unclaimed Dividends by DaBogu: 9:12pm On Jan 17
yMcy56:

Around Oct. 2019
They offered and paid shareholders exit price of N24 per share.

https://www.google.com/amp/s/www.vanguardngr.com/2019/11/olam-completes-acquisition-of-dangote-flour-mills/amp/
Good evening ma, I read here in line with the new CAMA that shares more than 12yrs CANNOT be redeemed. Can you confirm this?
Re: How To Retrieve Your Unclaimed Dividends by richmanrichard: 1:00am On Jan 18
lavylilly:
Give it a shot.
ok, i wud
Re: How To Retrieve Your Unclaimed Dividends by BluntCrazeMan: 6:06am On Jan 18
gideonvalor98:
Op should do well to help us answers these QUESTIONS we have raised on the thread, so as to be clear on the next steps. Thank you

Pls Mod. let this topic be come up on front page for some good days, so that professionals in fields related to this topic can give advice and clarity to the issue. Thanks
Good Morning..
“YMcy56” had done justice to a lot of the questions raised here.

1 Like

Re: How To Retrieve Your Unclaimed Dividends by Musty4ahmed1: 7:30am On Jan 18
yMcy56:

Around Oct. 2019
They offered and paid shareholders exit price of N24 per share.

https://www.google.com/amp/s/www.vanguardngr.com/2019/11/olam-completes-acquisition-of-dangote-flour-mills/amp/
Thank you ma. So who do I contact to pay me, Olam or Dangote?
Re: How To Retrieve Your Unclaimed Dividends by yMcy56(f): 6:40pm On Jan 18
DaBogu:
Good evening ma, I read here in line with the new CAMA that shares more than 12yrs CANNOT be redeemed. Can you confirm this?
Pls note the difference.
It's not shares but DIVIDENDS.

After 12yrs, unclaimed dividends will be forfeited but your shares remains, you can reclaim your shares in as much as you have evidence of purchases.
You can however give it a trial, who knows....

If at all you don't have, you can contact CSCS or your broker ......but you need to first search for your name on SEC portal with below link.

https://sec.gov.ng/non-mandated/
Re: How To Retrieve Your Unclaimed Dividends by yMcy56(f): 6:45pm On Jan 18
Musty4ahmed1:
Thank you ma. So who do I contact to pay me, Olam or Dangote?
It doesn't concern Olam or Dangote.

You have to contact Dangflour Registrar, EDC Registrars by filling their E-dividend form, scan and send to their e-mail address:
info@edcregistrars.com
CC: oakinrefon@edcregistrars.com

Remember to do follow up.
Re: How To Retrieve Your Unclaimed Dividends by yMcy56(f): 6:56pm On Jan 18
jcflex:

@op is this also applicable to Public offers,
I remember I bought DAAR Communication public offer back in 2007/2008 both mine and my Mum.
i also bought Skye bank share back then. i don't have the certificate of this shares as at now. due to relocation up and down
Yes. It's applicable to Public offers as well.

However, both stocks mentioned here had/have issues.
Though DAARCOMS is still listed, you can still retrieve your shares BUT no dividend payment from the coy.
As for Skye Bank, it's been delisted on NSE. That's one bad Investment you might have made.

2 Likes 1 Share

Re: How To Retrieve Your Unclaimed Dividends by Musty4ahmed1: 6:56pm On Jan 18
yMcy56:

It doesn't concern Olam or Dangote.

You have to contact Dangflour Registrar, EDC Registrars by filling their E-dividend form, scan and send to their e-mail address:
info@edcregistrars.com
CC: oakinrefon@edcregistrars.com

Remember to do follow up.
I appreciate. I will do exactly.

1 Like

Re: How To Retrieve Your Unclaimed Dividends by yMcy56(f): 7:00pm On Jan 18
JWhite2Deep:
Please, would one require to go to the bank to sign and stamp before scanning and sending the e-dividend mandate form to your registrar involved?
No. Not necessary EXCEPT a particular Registrar specifically demands for that......then you have to take your form to the bank for endorsement.....BUT quite a lot won't request for this again.

1 Like

Re: How To Retrieve Your Unclaimed Dividends by yMcy56(f): 7:04pm On Jan 18
kema01:
Thanks for the above post... I can't find my names. Though, my share certificates are still with me. It's over 16 yrs now. What should I do next 2claim my shares.
Do you have a broker before?
Is the broker still in business?

If YES, contact your broker for dematerialization of your certificates.

If NO, you have to open account with an active stock broker, fund it and take the certificates to them to convert for you.

After dematerialization, you can then sell or hold the stock.
Re: How To Retrieve Your Unclaimed Dividends by yMcy56(f): 7:12pm On Jan 18
Grandest:
I received the alert 9am the next day that I've been debited. But the money in question wasn't transferred to my UBA account rather I got a message that says "your account has been debited with ₦20,000 by FBN/PAYARENA.
Please what do I do? Why did I get debited by payarena? I've never used payarena.
It should automatically reverse.
If not, go to another branch of First Bank to lodge the complainant.
You should fill a form in which they'll use to tract the transaction, reconcile it and credit your acct back.
Re: How To Retrieve Your Unclaimed Dividends by yMcy56(f): 7:19pm On Jan 18
jabor4Naija:
.
I have checked through but stillll can't find my name, I bought way back in the university, all I can remember is that I bought it from oceanic bank. So what do you suggest I do?
What's the name of the stock?
Re: How To Retrieve Your Unclaimed Dividends by jabor4Naija(m): 6:14am On Jan 19
yMcy56:

What's the name of the stock?
.
I just know I bought d shares from oceanic bank, don't really know more dan dat
Re: How To Retrieve Your Unclaimed Dividends by jcflex(m): 6:20am On Jan 19
yMcy56:

Yes. It's applicable to Public offers as well.

However, both stocks mentioned here had/have issues.
Though DAARCOMS is still listed, you can still retrieve your shares BUT no dividend payment from the coy.
As for Skye Bank, it's been delisted on NSE. That's one bad Investment you might have made.

Thank you for this information,
please how do I go about retrieving the shares.

and on Skye bank delist from NSE, I thot Polaris bank taking over of Skye bank should also include Skye bank shareholders.
Re: How To Retrieve Your Unclaimed Dividends by gideonvalor98(m): 9:42am On Jan 19
BluntCrazeMan:
Good Morning..
“YMcy56” had done justice to a lot of the questions raised here.
Thanks and God bless you
Re: How To Retrieve Your Unclaimed Dividends by richmanrichard: 10:13am On Jan 19
yMcy56:

Pls note the difference.
It's not shares but DIVIDENDS.

After 12yrs, unclaimed dividends will be forfeited but your shares remains, you can reclaim your shares in as much as you have evidence of purchases.
You can however give it a trial, who knows....

If at all you don't have, you can contact CSCS or your broker ......but you need to first search for your name on SEC portal with below link.

https://sec.gov.ng/non-mandated/
pls my shares is exactly 12yr+6 months now.do you think i can still get my dividends?

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