E-DIVIDEND ABUJA ROAD SHOW ENDS TOMORROW.

The e-dividend payment registration campaign by the Securities and Exchange Commission to create awareness in Abuja ends tomorrow, January 14 with a town hall meeting at the international conference centre, Abuja.
The campaign started on Monday January 11 with a road show under the watchful eyes of Federal Road Safety officials. It went round with fun and joyful noise while appropriately dressed officials and hired hands distributed fliers, pasted printed sheets and engaged people in impromptu dialogue on e dividend.
The show continued on Tuesday and Wednesday with the closing session coming up tomorrow in the form of a town hall chit chat.
It will be recalled that investors have 90 days from November 23 2015 to approach their banks to get registered for e-dividend payment for free. Beyond this, they will pay N100 before being registered.
Registration process involves obtaining mandate form from banks or registrars, filling it for eventual uploading unto the edividend mandate management system.
E-dividend payment is expected to make it easier for declared dividends to be paid direct into investors bank accounts while reducing potential for abuse of payment system and accumulation of unclaimed dividends.

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