SCA launches scheme to pay shareholders of public joint stock companies unclaimed dividends dating back to before March 2015
As part of its keen efforts to pay shareholders of public joint stock companies unclaimed dividends dating back to March 2015, and following consultation with the relevant authorities, the Securities and Commodities Authority (SCA) has the pleasure to announce the start of receiving payment requests to ensure the delivery of fast services that meet investor needs and expectations. This will be done according to the following channels and procedures:
The SCA appointed First Abu Dhabi Bank (FAB) to handle the process. FAB will receive payment requests via these channels:
Applicants must provide the following documents:
The paying agent will transfer the dividends to the account holder within 5 business days after completing all the required documents and data. An SMS to the account holder’s mobile phone will be sent to notify him/her of the transfer.
Leading with a mission of facilitating financial liquidity to individuals and corporations alike within the UAE market, Finance House is driven with the aptitude to innovate and set a notable footprint within the local market.
Retrieve and take a look at all of Finance House’s distributed dividends, bonus shares and gain a better understanding of our dividend payout ratio.
With multiple variables to account for share price such as: company performance, market fluctuations, industry happenings and economic developments; stay up to date with the latest developments on Finance House’s reflected share price.
Immediately report your lost/stolen card via our 24-hour helpline 600511114