{"id":41519,"date":"2022-03-27T17:10:02","date_gmt":"2022-03-27T17:10:02","guid":{"rendered":"https:\/\/thefreezonechannel.com\/?p=41519"},"modified":"2022-03-27T17:10:06","modified_gmt":"2022-03-27T17:10:06","slug":"unclaimed-dividends-worry-sec","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/unclaimed-dividends-worry-sec\/","title":{"rendered":"Unclaimed dividends worry SEC"},"content":{"rendered":"<p>The Securities and Exchange Commission (SEC) has lamented the high number of unclaimed dividends in the capital market.<\/p>\n\n\n\n<p>A statement by the Commission in Abuja on Sunday, said Mr Lamido Yuguda, the Director-General of SEC, expressed the regret when Prof. Kabiru Bala, Vice-Chancellor of Ahmadu Bello University (ABU) Zaria, visited him.<\/p>\n\n\n\n<p>Yuguda appealed to investors to mandate their accounts for electronic payment to reduce the number of unclaimed dividends.<\/p>\n\n\n\n<p>He noted that many investors had shares in the market which they had abandoned.<\/p>\n\n\n\n<p>\u201cPeople have not come forward to claim their dividends and this has led to huge unclaimed dividends.<\/p>\n\n\n\n<p>\u201cThe Commission has been educating and enlightening the public on how they can get their dividends. People do not need to wait for the broker to send the dividend warrants through the registrars.<\/p>\n\n\n\n<p>\u201cThe dividends can be paid directly into their bank accounts through e-dividend payments,\u2019\u2019 he said.<\/p>\n\n\n\n<p>Yuguda said that SEC was currently carrying out some initiatives that would appeal to younger generations and attract them to the capital market.<\/p>\n\n\n\n<p>Earlier, Bala described the visit as part of efforts by the university to connect with its alumni as done in most global universities.<\/p>\n\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-41519\" data-postid=\"41519\" class=\"themify_builder_content themify_builder_content-41519 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->","protected":false},"excerpt":{"rendered":"<p>The Securities and Exchange Commission (SEC) has lamented the high number of unclaimed dividends in the capital market. A statement by the Commission in Abuja on Sunday, said Mr Lamido Yuguda, the Director-General of SEC, expressed the regret when Prof. Kabiru Bala, Vice-Chancellor of Ahmadu Bello University (ABU) Zaria, visited him. Yuguda appealed to investors [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":21438,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[125],"tags":[412,182],"class_list":["post-41519","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-money","tag-dividends","tag-sec","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Unclaimed dividends worry SEC - The Freezone Channel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thefreezonechannel.com\/old\/unclaimed-dividends-worry-sec\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unclaimed dividends worry SEC - The Freezone Channel\" \/>\n<meta property=\"og:description\" content=\"The Securities and Exchange Commission (SEC) has lamented the high number of unclaimed dividends in the capital market. A statement by the Commission in Abuja on Sunday, said Mr Lamido Yuguda, the Director-General of SEC, expressed the regret when Prof. Kabiru Bala, Vice-Chancellor of Ahmadu Bello University (ABU) Zaria, visited him. 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