“Any unclaimed dividend of a public limited liability company quoted on the Nigerian Stock Exchange and any unutilised amounts in a dormant bank account maintained in or by a deposit money bank which has remained unclaimed or unutilised for a period of not less than six years from the date of declaring the dividend or domiciling the funds in a bank account shall be transferred immediately to the trust fund,” the act read.
The act exempts official bank accounts owned by the federal government, state government or local governments or any of their ministries, departments or agencies.
Use these steps to check if you have an unclaimed dividend in Nigeria, courtesy of a source at Whatsapp
Follow these steps to claim your Dividend
Unclaimed dividends increased from N109.1 billion in December 2016 to N130 billion in December 219
Search if you or your loved ones have unclaimed dividends using Security and Exchange Commission Portal and claim your dividends with these steps.
Tekedia Mini-MBA edition 14 (June 3 – Sept 2, 2024) begins registrations; get massive discounts with early registration here.
Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.
Step 1: Input your first name and last name into this link http://sec.gov.ng/non-mandated/ to get a list of your shares from SEC. This will give you a screenshot of all the companies you have shares in, and the registrars in charge.
Note: if you have changed your name due to marriage or other reasons, search with your previous name and also try different format of name e.g those with prefixes e.g ‘Olu’, ‘Oluwa’ etc
Step 2: Take note of your registrar’s name. A registrar, is the company that keeps the shareholder’s details for other companies. So, your shares could have data with different registrars.
Step 3: Download and fill your registrar’s form which is beside the company’s name on the website.
Step 4: Submit your form. Some companies require you to go to your bank and get a bankers confirmation, so they can initiate the e-dividend form for you.
Once this is done, your account will be credited automatically with the e-dividend going forward.
I see my surname when I make a search. But I honestly don’t know the persons although we share the same surname which isn’t an English name.
I submit my 8,500 shares of FBN plc certificate nb 8762937 bonus 2008 to De-canon investment limited on 16-06-2011
Its an unsecured link so am scared of clicking it
I had seen my name, processed the e-dividend form through my bank since November 2021 and no reply till now
Contact a brokers or go to your registrar.
I have shares with First bank plc Nigeria no dividends was paid to since 2008 I have bought the shares at their branch First bank Yana Bauch state
I bought 500unit of shares of Honeywell flour Mills limited in first Bank osogbo plc since 2008 no dividend was paid to me and they don’t gv me certificate of shareholder
ADETOLA RASHEED SULAIMON are my names ,
Pls kindly assist its been almost 4years ago that I received dividends in my account and since then I hear anything again .
Pls where do I go to and how do I check what’s delaying paying dividends to my account for over 4 years now .
I am one of the Dangote flour mills share holders.
I have cscs account registered with NSE.
My share has been registered in 2007 , will I get all my dividend from that year till now on pls?
Am so curious to know my Faith with Dangote flour mills pls assist to know what’s going on .
Am ADETOLA RASHEED SULAIMON
Registered with NSE
And i have received 24,000 only total dividends since 2017
And i received this over 4 years ago .
Now I can’t find my names on EDC online registration portal again .
Pls kindly assist what’s going on.
Have tried all my possible best to claim my daddy dividend but yield no result
My name is ONIYIDE STEPHEN I have bought shears from dangote flour and it’s been delisted from stock market from 2019 they have not paid me FINAL DIVIDEND
My name is NGWUOKE IGNATIUS I bought shares with the company listed below from 2002, which I was issued certificates. I have been trying to follow it up but no reasonable response
1.Oando plc
2.Diamond Bank plc
3.skye Bank
4.Unipetrol Nigeria plc.
I OTiji Nwamaka Dorathy I bought my shares zenith bank and Gtb since 2004 with I have relocated from to the east I don’t know how to come in contact with them.
Please I bought shared with African Petroleum plc for many years I have not received any dividend. I learned they have changed their name or been bought over by another company. How can I know the new company?
Nelson Torti Obasi
Thank you for sharing this informative article! I had no idea that there were unclaimed dividends out there waiting to be collected. I will definitely be looking into this and following the steps you provided. It’s great to know that there are resources available to help us claim what is rightfully ours.
Okoro jeremiah ogbuu i bought share in dangote flour mill 2oo7 i have only recieve 24000 since then how do access my dividened this my contact number 09045645969