How do I cash expired dividend warrant?

I have many cheques of paid dividends which even expired before arrival at my post office. They have been rejected by my bank. How can I cash them? I also bought shares from seven banks and companies in   2007, but till date the certificates are still with me. What should I do?

And for some time now, Transorp has not appeared  in the stock exchange publications. Has it been merged or bought by a bigger company?

Please, help with information about its present state of affairs.

Finally I want all my dividend paid into my bank account by  electronic payment system. How can this be made possible? (Frm Adodo E.O.)

Investors Forum

Take the expired dividend warrant to the registrars of the company, and they will revalidate (renew) them for you. Also tell the registrars that you want to receive direct payment of dividend into your bank account. They will tell you what to do. Transcorp is still in existence and operating.

Sterling Registrars has stopped paying my dividend

I am a shareholder of Continental Re, Japaul and Conoil,  all having  Sterling Registrars as their registrars. But since 2010, they have stopped paying me my dividends.  Why?  (Chris Ekeocha Opara, Jos Plateau state).

Investors Forum

We advise you to call Sterling Registrars or write a formal letter of complaint. The contact of the company is Sterling Registrars Limited

Knight Frank Building (8th Floor) 24 Campbell Street, Lagos. Tel: 234-01-2635607.

What do I do with my late father’s shares?

Please my late father has shares with UTC Nigeria Plc and NTC Limited. I  have the certificates with me. How can I go about it?

Investors Forum

To exercise authority over those shares, you must be the Next of Kin (NOK) indicated by your father when he purchased those shares. If he did not indicate anybody as NOK, we advise you contact a lawyer and stockbroker for counsel.

AIMS Finance wants to shortchange me

I was approached by a staff of AIMS FINANCE M LTD in 2009 to invest in PETDRIL for five years in which the capital and gains will mature for claims. Now without declaring any gain for using my capital for three years plus, they want to refund the initial capital invested. What do I do?

Investors Forum

You can write to the company insisting they pay interest on the investment as they promised. If they would not, you can report them to the Securities and Exchange Commission (SEC). But this would take a long process and time. If you don’t have the patience for long wait, it is advisable you collect your money. It is still better than losing the investment.

Zenith Bank refused payment of dividend into children account

I bought shares for my baby in  UBA, First Bank , Fidelity Bank, Oando, Mobil, Total, ETI, UACN, and FCMB. I got the  dividend but Zenith Bank has refused to accept it into children account for deposit, what will I do? (Omimi John)

Investors Forum

There are banks that have children account that accepts  payment of dividend warrant.  We advise that you open such account for your baby and pay in the dividend warrants. You can go further by contacting the registrars of the companies for direct payment of dividend into the account i.e. e-dividend.

Complaint against TRW stockbrokers Limited

I gave my share certificates to my stock broker, TRW stockbroker s Ltd for dematerialisation since 2008. He gave me CSCS statement in respect of some of the shares, but refused to give me CSCS statement in respect of Guinness nig Plc  for 2285 shares; First Bank Nigeria Plc  for 5447 shares; Nigeria Brewery Plc  for 1036 shares and Oando  Plc  for 2418 shares.   The firms have been trading on my shares since 2008 without accounting to me. I therefore request you to advise me on how to go about it. (G.A Ukpebor esq) .

Zenith Registrars no longer sends my dividend

Please help me to find out why Zenith Bank Registrars stopped sending me dividend since 1999.I bought shares in Zenith Bank dating back to2006 and I  only received dividend in 2007 and 2009. (Ofoha Emmanuel)

We advise that you contact the company. Its contact is

Zenith Registrars Limited, Plot 89 Ajose Adeogun Street,

Victoria Island Extension, Lagos.  Tel: 234-1-2708930-4. E-mail: enquiry@zenithregistrars.com