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E-dividend, answer to unclaimed dividend
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The issue of unclaimed or unremitted dividends is soon to be over with the launch, in the week, of e-dividend by the Securities and Exchange Commission. Dividend payment had been a major headache for both companies/registrars and the investing public. Companies complain of not getting adequate information from investors to facilitate dividend payments, information such as proper postal address for dividend warrant postage, lack of an identifiable next of kin, when the investor is no more, and others. But investors insist registrars/companies sometimes take advantage of them when they lack liquidity to pay dividends. More
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