Get TTK PRESTIGE LIMITED Statement Showing Unclaimed Dividend

In this article, we take through the steps involved in retrieving unclaimed dividends from the companies where you or your loved ones are shareholders. Apply through the SEC e-Dividend Portal. First, log on to the SEC e-Dividend portal. ... Search for a List of Your Company Shares. ... Identify Your Unclaimed Dividends.

The information regarding dividend remaining unpaid to the shareholders are mentioned below: The dividend shall be transferred to Investor Education and Protection Fund after the date mentioned against each year. Thereafter there shall be no claim on the said unclaimed dividend.

Unclaimed dividend is shown under the liability side of the balance sheet. Unclaimed dividends must be paid by the company as and when they are demanded, and thus constitute a liability for the company. It is a current liability because it is usually due within 12 months.

By submitting an application in Form IEPF 5 and the required fee, any individual whose unclaimed Dividend and shares were transferred to the Investor Education and Protection Fund (IEPF) may get them from the IEPF Authority. The Authority occasionally decides the charge after consulting with the Central Government.

If you don't cash dividend checks, those checks and associated stock may be escheated unless you have made contact with the transfer agent. Since most states sell shares immediately, you will lose out on any market gains, dividends or stock splits that occur after the shares are sold.

Unclaimed dividend is to be paid by the company as and when demanded and hence is a liability for the company. It is a current liability because usually has be met within 12 months.

Unclaimed dividend is to be paid by the company as and when demanded and hence is a liability for the company. It is a current liability because usually has be met within 12 months.