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Wednesday, May 24, 2017

Free Registration for e-Dividend

The Securities and Exchange Commission (SEC) is pleased to notify the investing public that, as part of measures to curb the growth of unclaimed dividend in the Nigerian capital market, all investors are required to register for the payment of their dividends electronically (e-Dividend).
 Free Registration for
e-Dividend


SEC

The SEC calls for the investing public to take advantage of the on-going free e-dividend registration period.
 

To facilitate the e-Dividend registration exercise, the SEC has provided a platform for all investors to search for their names and ascertain their registration status by clicking the link below;


All investors, whose name(s) appear, are advised to simply download the registrar’s e-mandate form, fill it, and submit at the nearest branch of their Bank or Registrar to register for the collection of their unclaimed dividends and subsequent dividends electronically, as well as for the proceeds from their secondary market transactions to be credited directly to their preferred Bank Account (Direct Cash Settlement).

The Commission wishes to remind the investing public on the deadline of 30th June, 2017, which will mark the end of issuance of physical dividend warrant and the end of free registration for e-dividend.

For further clarification or assistance, please contact us at customerservice@armsecurities.com.ng or call us on +234 (1) 2715000, 0700CALLARM (0700 2255 276).

Thank you,

ARM Securities.

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