Shareholders have appealed to the Securities and Exchange Commission (SEC), registrars, and stockbrokers to simplify the claiming process for unclaimed dividends, citing frustration over administrative bottlenecks and delays.
Concerns over the continuous rise in unclaimed dividends from banks and corporations have intensified calls for a more seamless, transparent, and accessible system.
Many investors argue that the current process is cumbersome, discouraging rightful claimants from accessing their funds.