Nigerian Exchange Group Plc · NSENG:NGXGROUP
Nigerian Exchange — Futureview Group — NGX Retail Investor Webinar March 2023
16 slides from Nigerian Exchange's conference presentation, Mar 17, 2023
Slide 1: How to Retrieve Unclaimed Dividends
HOW TO RETRIEVE UNCLAIMED DIVIDENDS A Presentation by: (Member of the Futureview Group) In partnership with March 17, 2023
Slide 2: Outline
OUTLINE 1 Introduction: Overview & Facts/ Definitions Statistics & Regulatory information Definitions What are dividends? What are unclaimed dividends & unpaid dividends? Reasons for unclaimed dividends 2 Steps to take to recover dividends How to calculate the value of your dividend Ho
Slide 3: Introduction: Overview & Facts
Introduction: Overview & Facts
Slide 4: Statistics & Regulatory Information
STATISTICS & REGULATORY INFORMATION Unclaimed Dividends in Nigeria's Capital Market 177 The Securities and Exchange Commission (SEC) data shows that the unclaimed dividends at Nigeria's capital market so far computed increased from 158.44bn in 2019 to N168bn in 2020 and currently stands at about 168
Slide 5: Definitions
DEFINITIONS What are What is the What are unclaimed difference between dividends? dividends? unclaimed dividends & unpaid Dividends? Dividends are shares of profits When dividends are paid by a When a company declares and/ retained earnings that a company to their profit and dividends but it’s compa
Slide 6: Reasons for Unclaimed Dividends
REASONS FOR UNCLAIMED DIVIDENDS • You may have unclaimed dividends either from your personal investments, or from a family member (parents, grand parents, Lack of spouse etc.). awareness/ Forgotten • People often invest in the stock market and just forget about it investments or fail to keep track o
Slide 7: Steps to take to recover unclaimed dividends
Steps to take to recover unclaimed dividends
Slide 8: Steps to Take to Recover Unclaimed Dividends
STEPS TO TAKE TO RECOVER UNCLAIMED DIVIDENDS Calculation • To know how much dividend Mr X should receive from 2012 to 2021, multiply the number of shares held CALCULATING DIVIDENDS (1,000) by the dividend per Case Study: share declared by XYZ Bank • Assuming Mr X bought 1,000 • Assuming the company
Slide 9: Calculating Dividends
CALCULATING DIVIDENDS Dividend Declared Amount Payable S/N Year Number of Units (NGN) (NGN) 1 2012 1,000 2 2,000 2 2013 1,000 2.50 2,500 3 2014 1,000 3 3,000 4 2015 1,000 3.50 3,500 5 2016 1,000 4 4,000 6 2017 1,000 4.50 4,500 7 2018 1,000 5 5,000 8 2019 1,000 5.50 5,500 9 2020 1,000 6 6,000 10 2021
Slide 10: How to Redeem Unclaimed Dividends
HOW TO REDEEM UNCLAIMED DIVIDENDS How To Redeem What is U-eDIV Unclaimed Dividends Search Portal? • The Securities and This is a portal designed • Exchange Commission and managed by the SEC to (SEC) has a designated enable Investors to portal called U-eDIV register for the collection of Search Porta
Slide 11: How to Redeem Unclaimed Dividends
HOW TO REDEEM UNCLAIMED DIVIDENDS 1 2 3 4 Log on to the SEC U-eDIV Do a search using the The portal will display a Complete the form and Search Portal at: combination of your first table showing where you send it to your local http://sec.gov.ng/non- name and last name as bought the shares and the Ba
Slide 12: Simplifying/Eliminating the stress of dividend recovery
Simplifying/ Eliminating the stress of dividend recovery
Slide 13: How to Simplify/Eliminate the Stress of Dividend Recovery
HOW TO SIMPLIFY/ ELIMINATE THE STRESS OF DIVIDEND RECOVERY Using a Stockbroker: Your Stockbroker can guide you on what to do to navigate the Subscribing to Equity Mutual Funds challenges of (E.g. Futureview Equity Fund): dividend recovery by helping you to: Subscribing to an equity mutual fund will
Slide 14: Futureview's Role: How we can help through our Product Offerings
Futureview’s Role: How we can help through our Product Offerings
Slide 15: Futureview's Role: How We Can Help Through Our Product Offerings
FUTUREVIEW’S ROLE: HOW WE CAN HELP THROUGH OUR PRODUCT OFFERINGS Who we are: Futureview Group (“Futureview”) comprises of: • Futureview Financial Services Limited (Issuing House). • Futureview Asset Management Limited (Fund Manager): Managing 2 Mutual Funds (Futureview Equity For further information
Slide 16: Thank You
THANK YOU
Futureview Group — NGX Retail Investor Webinar March 2023 on 6ix