adplus-dvertising
Business News

SEC Orders Payment of Unclaimed Dividends Above 12 Years

Unclaimed Dividends

By Adedapo Adesanya The Securities and Exchange Commission (SEC) has ordered all public companies and registrars to stop treating dividends older than 12 years as statute-barred. The agency issued this directive in a statement on Tuesday, particularly referring to dividends declared before the enactment of the Finance Act 2020. This move reaffirms the provisions outlined […]