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Saturday, October 5, 2013

How to claim your unpaid Dividends

Do you have shares of companies which have declared dividends but you have not received the same. You may be wondering how to get the same. So here is how to get them.

First visit the website of the company and go to section Investor Relations, The name and address of the Investor Relations officer along with the Share transfer agents will be available there. You either write to them or email them referring your Folio Number. The company will inform you the dividend due in your account and will also send you the undertaking/affidavit to be submitted to claim the same. Just fill the same and the dividend will reach your account.  In this way you can get dividend due to you for maximum 7 years as the dividend prior to that will be credited to Investor Protection Fund of SEBI.

 (In case you have shares in Dmat account, the dividend will be automatically credited to your bank account linked to your Trading Account).

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