Market Update

Dividend Warrants: Stakeholders Call for More Enlightenment

 

As stakeholders in the capital market savour the decision by the Securities and Exchange Commission (SEC) to extend the deadline for discontinuation of issuance of physical dividend warrants from June 30 to December 31, the regulators have been urged to intensify awareness to get more investors on to the electronic-dividend (e-dividend) platform.

SEC had given the June 30 deadline, saying all dividends would be electronically issued to shareholders through their bank accounts as from July 1, 2017. However, the commission had moved the deadline to December 31, 2017, citing numerous requests for its extension from the investing public.

Read More

Comment here

Market Update

Dividend Warrants: Stakeholders Call for More Enlightenment

 

As stakeholders in the capital market savour the decision by the Securities and Exchange Commission (SEC) to extend the deadline for discontinuation of issuance of physical dividend warrants from June 30 to December 31, the regulators have been urged to intensify awareness to get more investors on to the electronic-dividend (e-dividend) platform.

SEC had given the June 30 deadline, saying all dividends would be electronically issued to shareholders through their bank accounts as from July 1, 2017. However, the commission had moved the deadline to December 31, 2017, citing numerous requests for its extension from the investing public.

Read More

Comment here