Technext Technext
  • Home
  • Stories
    • App Review: Sety Let’s You Know if there’s Danger Around and When the Coast is Clear
      App Review: Sety Let’s You Know if there’s Danger Around and When the Coast is Clear
      11 hours ago 0
      35
    • Social Media Roundup: #InaugurationDay, NIMC and Other Stories that Trended
      Social Media Roundup: #InaugurationDay, NIMC and Other Stories that Trended
      1 day ago 0
      74
    • Global Tech Roundup: President Biden Reverses Nigeria’s Travel Ban
      Global Tech Roundup: President Biden Reverses Nigeria’s Travel Ban
      2 days ago 0
      105
    • Nigerians React as NRC Launches N900 million Railway e-Ticketing Platform
      Nigerians React as NRC Launches N900 million Railway e-Ticketing Platform
      2 days ago 0
      156
    • Alphabet Shuts down Balloon-powered Internet in Kenya Months after its Launching
      Alphabet Shuts down Balloon-powered Internet in Kenya Months after its Launching
      3 days ago 0
      95
    • Google Search And Facebook News Could Leave Australia if Forced to Pay News Publishers
      Google Search And Facebook News Could Leave Australia if Forced to Pay News Publishers
      3 days ago 0
      86
    • Movie Review: ‘Outside the Wire’ is an Explosive Action Thriller Showing the Dangers of Sentient AI
      Movie Review: ‘Outside the Wire’ is an Explosive Action Thriller Showing the Dangers of Sentient AI
      3 days ago 0
      121
    • Here Are 5 Major Tech Events that Happened With Joe Biden’s Inauguration
      Here Are 5 Major Tech Events that Happened With Joe Biden’s Inauguration
      4 days ago 0
      111
    • Covid-19 Update: FG Against Jan 18 School Resumption, Nigeria Readies Freezers for Vaccines
      Covid-19 Update: FG Against Jan 18 School Resumption, Nigeria Readies Freezers for Vaccines
      4 days ago 0
      137
  • Features
    • Sell it or Repurpose it, Here are 5 Things You Could do With your Old Gadgets and Devices
      Sell it or Repurpose it, Here are 5 Things You Could do With your Old Gadgets and Devices
      4 days ago 0
      117
    • 5 Tips to Make Your Business More Popular on Social Media
      5 Tips to Make Your Business More Popular on Social Media
      2 weeks ago 0
      229
    • Analysts Forecast Bitcoin to Hit $100k in 2021, But is This Really a Good Time to Start Buying?
      Analysts Forecast Bitcoin to Hit $100k in 2021, But is This Really a Good Time to Start Buying?
      2 weeks ago 0
      391
    • Top 5 Most In-Demand Tech Jobs for 2021 — and Skills Required for them
      Top 5 Most In-Demand Tech Jobs for 2021 — and Skills Required for them
      2 weeks ago 0
      451
    • Financial Strategies for Surviving 2021 with Ayo Akinmade, Vice Chairman, Regus
      Financial Strategies for Surviving 2021 with Ayo Akinmade, Vice Chairman, Regus
      3 weeks ago 0
      415
    • ‘Expect Aggressive Expansion in 2021’- PlentyWaka’s Johnny Enagwolor on Surviving 2020 and What the Future Holds
      ‘Expect Aggressive Expansion in 2021’- PlentyWaka’s Johnny Enagwolor on Surviving 2020 and What the Future Holds
      4 weeks ago 0
      463
    • After a Poor 2020, Here are the Top Cinema Trends to Watch Out for in 2021
      After a Poor 2020, Here are the Top Cinema Trends to Watch Out for in 2021
      4 weeks ago 0
      412
  • Reviews
    • Global Tech Roundup: President Biden Reverses Nigeria’s Travel Ban
      Global Tech Roundup: President Biden Reverses Nigeria’s Travel Ban
      2 days ago 0
      105
    • Movie Review: ‘Outside the Wire’ is an Explosive Action Thriller Showing the Dangers of Sentient AI
      Movie Review: ‘Outside the Wire’ is an Explosive Action Thriller Showing the Dangers of Sentient AI
      3 days ago 0
      121
    • You Can’t Get Your NIN Slip Through the NIMC App but Here are 3 Things You Can Do With it
      You Can’t Get Your NIN Slip Through the NIMC App but Here are 3 Things You Can Do With it
      5 days ago 0
      191
    • Netflix Surpasses 200 Million Subscribers, Says It no Longer Needs External Financing
      Netflix Surpasses 200 Million Subscribers, Says It no Longer Needs External Financing
      5 days ago 0
      127
    • With Growing Interest in Forex Trading, Here are 5 Best Forex Brokers in Nairaland, Nigeria
      With Growing Interest in Forex Trading, Here are 5 Best Forex Brokers in Nairaland, Nigeria
      5 days ago 0
      137
    • Kenya Overtakes Nigeria as Africa’s Favorite Investment Destination
      Kenya Overtakes Nigeria as Africa’s Favorite Investment Destination
      5 days ago 0
      273
    • App Review: Omomi Gives Mothers and Guardians Access to Excellent Child Healthcare
      App Review: Omomi Gives Mothers and Guardians Access to Excellent Child Healthcare
      5 days ago 0
      120
  • Women in Tech
  • Videos
  • Contact Us
Go to...

    With N200bn Unclaimed Dividends, Here’s How to Retrieve your Money through SEC e-Dividend Portal

    Gbemileke Babatunde
    2 weeks ago
    With N200bn Unclaimed Dividends, Here’s How to Retrieve your Money through SEC e-Dividend Portal

    Did you know that you can retrieve unclaimed dividends belonging to you or your loved ones using the Securities and Exchange Commission‘s (SEC) e-Dividend Portal?

    A dividend is simply the portion of profits paid out by a company to shareholders usually on annual basis. If you or any of your relatives have bought shares in one company or more, it is indeed possible that you have outstanding dividends that have not been claimed.

    Unclaimed dividends in the Nigerian capital market reached an estimated N200 billion in 2020, according to the House of Representatives’ Committee on Capital Markets and Institutions.

    Chairman of the committee, Babangida Ibrahim disclosed that unclaimed dividends had grown by 26% from N158.44 billion in 2019 to about N200 billion last year.

    WorldRemit Expands Services in Nigeria; You Can Now Receive International Money Transfers from 1800 Cash Pick-up Locations

    Going by this, it is clear that several investors in the country have yet to claim returns on their investment running into billions of naira. In this article, we take through the steps involved in retrieving unclaimed dividends from the companies where you or your loved ones are shareholders.

    1. Apply through the SEC e-Dividend Portal

    First, log on to the SEC e-Dividend portal. Click on “Unclaimed Dividends Search Portal” displayed on the SEC official website to begin.

    Screenshot of SEC website

    2. Search for a List of Your Company Shares

    As required in the search box on the portal, enter your first and last name or the first and last name of the shareowner. Then tap “Search”. You can also search for the full name of a family member.

    Screenshot of SEC e-Dividend portal

    3. Identify Your Unclaimed Dividends

    The system will return search results showing your account number, all the companies where you hold shares as well as the names of registrars for each company. The list would show shareholders with similar names but you can easily identify yours by checking the correct middle name that belongs to you or your relative.

    Ensure to check the entire list to locate all outstanding dividends.

    4. Download and Fill Your Registrar’s e-Dividend Mandate form

    On the “Registrar Name” column, click on the blue-coloured registrar name to download your Registrar’s e-Dividend Mandate form(s).

    After downloading, fill the respective Registrar’s e-mandate forms with all required information including your bank name, BVN, bank account number and other personal data. Print out the completed form when you are done.

    5. Submit Completed forms to Claim Dividends

    Submit completed e-Dividend Mandated forms at the nearest branch of your Bank or Registrar to register for the collection of your unclaimed dividends and subsequent dividends electronically.

    At the end of the process, the due dividends will be credited to your preferred Bank Account.


    If you’d like to get featured on our Entrepreneur Spotlight, click here to share your startup story with us.


    SUBSCRIBE

    Get latest Technology news, reviews, business-related content with a deliberate emphasis on the African narrative and insightful analysis in Nigeria – straight to your inbox.


    Comments

    Share :
    • Facebook
    • Twitter
    • Google+
    • Pinterest
    • Linkedin
    • Email

    Gbemileke Babatunde

    Mechanical Engineer; Telling Africa-focused tech stories on startups, policy and governance.

    Analysts Forecast Bitcoin to Hit $100k in 2021, But is This Really a Good Time to Start Buying?
    Next article
    Analysts Forecast Bitcoin to Hit $100k in 2021, But is This Really a Good Time to Start Buying?
    Tech Events this Week: CES 2021, Samsung Galaxy S21 Unpacked and Others
    Previous article
    Tech Events this Week: CES 2021, Samsung Galaxy S21 Unpacked and Others

    Related Posts

    • Stories 11 hours ago

      App Review: Sety Let's You Know if there's Danger Around and When the Coast is Clear

      App Review: Sety Let’s You Know if there’s Danger Around and When the Coast is Clear
      Stories 1 day ago

      Social Media Roundup: #InaugurationDay, NIMC and Other Stories that Trended

      Social Media Roundup: #InaugurationDay, NIMC and Other Stories that Trended
      Reviews, Stories 2 days ago

      Global Tech Roundup: President Biden Reverses Nigeria's Travel Ban

      Global Tech Roundup: President Biden Reverses Nigeria’s Travel Ban
    • Stories 2 days ago

      Nigerians React as NRC Launches N900 million Railway e-Ticketing Platform

      Nigerians React as NRC Launches N900 million Railway e-Ticketing Platform
      Stories 3 days ago

      Alphabet Shuts down Balloon-powered Internet in Kenya Months after its Launching

      Alphabet Shuts down Balloon-powered Internet in Kenya Months after its Launching
      Stories 3 days ago

      Google Search And Facebook News Could Leave Australia if Forced to Pay News Publishers

      Google Search And Facebook News Could Leave Australia if Forced to Pay News Publishers

    Bitcoin Recent Prices

    Brandest

    Sign up for Newsletters

    Popular News

    • How to Apply for N1 billion Lagos State Seed Capital for  Businesses through the Palliative Eligibility Form
      How to Apply for N1 billion Lagos State Seed Capital for Businesses through the Palliative Eligibility Form
      2 months ago 0
    • Virtual Tech Events This Week: HiiT Online Digital Training, Cybersecurity for Remote Teams and Others
      Virtual Tech Events This Week: HiiT Online Digital Training, Cybersecurity for Remote Teams and Others
      7 months ago 0
    • Global Tech Roundup: You Can Now Watch Some Netflix Content Without Paying
      Global Tech Roundup: You Can Now Watch Some Netflix Content Without Paying
      5 months ago 0
    • Meet Jean-Marc Ricca at the 14th Edition of the CFA’s Startups Hangout
      Meet Jean-Marc Ricca at the 14th Edition of the CFA's Startups Hangout
      May 23, 2018 0
    • Again, Bitcoin’s Price Plunges to Below $10,000 as Regulations Stiffen
      Again, Bitcoin's Price Plunges to Below $10,000 as Regulations Stiffen
      March 8, 2018 0

    Follow Us

    Latest Tweets

    • technextdotng If you’re wondering what to do with them, then you may want to consider one of these five things you can do with an… https://t.co/QFKXTuG6oU
      about 5 hours ago
    • technextdotng Using this metric, there are probably about 27 million NINs yet to be sent to telcos for verification by the Nation… https://t.co/bCcSA5xwXO
      about 8 hours ago
    • technextdotng New post: App Review: Sety Let's You Know if there's Danger Around and When the Coast is Clear https://t.co/DQe7o6l3fJ
      about 10 hours ago
    • technextdotng At almost half a billion, it is a huge investment by the SID group considering that train transport is not yet full… https://t.co/qURtd7qz5V
      about 11 hours ago

    Instagram

    technextdotng

    Technext.ng is the go-to site for news, reviews and insightful analysis in the Nigerian tech space.
    http://ow.ly/ayTM30mSlGS

    72.8% of our voters opt to give out their old devi 72.8% of our voters opt to give out their old devices or go with the flow of things.

What do you do?
#Smartphone #gadget #Polls
    Top App Downloads in Africa (2020) 1. Egypt - 2.3 Top App Downloads in Africa (2020)
1. Egypt - 2.3 billion
2. S/Africa - 680 million
3. Nigeria - 640 million

Read more at technext.ng
#Payments #Africa #Fintech #Finance #Innovation #Technology #Nigeria #SouthAfrica #Egypt #Consumer #Kenya #Report #Gaming #Gamers
    Highest In-app Spending in Africa (2020) 1. S/Afri Highest In-app Spending in Africa (2020)
1. S/Africa - $210 million
2. Egypt - $120 million
3. Nigeria - $60 million

Read more at technext.ng
#Payments #Africa #Fintech #Finance #Innovation #Technology #Nigeria #SouthAfrica #Egypt #Consumer #Kenya #MobileApp #App
    According to our latest poll results, the ride hai According to our latest poll results, the ride hailing battle in Nigeria is still between Uber and Bolt, with both clinching 77.8% of the votes.

#RideHailing #Nigeria #Polls
    Happy birthday to the in-house "techie", @Tommy_bl Happy birthday to the in-house "techie", @Tommy_blanc.
Best wishes from all of us at Technext. @te

#WeAreTechnext #HappyBirthday
    RIP David Ntekim. Our thoughts are with your famil RIP David Ntekim.
Our thoughts are with your family.

#Tribute #RIP
    Load More... Follow on Instagram

    Random News

    • Andela Co-Founder Christina Sass Steps Down As President, to Assume New Roles
      Andela Co-Founder Christina Sass Steps Down As President, to Assume New Roles
      July 15, 2019 0

      President and Chief Operating Officer (COO) of Andela, Christina Sass, has announced her step down from that role effective ...

      Read More
    Copyright 2020 technext.ng | Privacy Policy | Media Policy