FRM2011 wrote:Taurrus wrote:FRM2011 wrote:enyands wrote:kaimbaga2012 wrote:You can claim the Dividends from the Companies Share Registrar's. Your broker should be in a position to tell you who they are
OK Sawa .ahsante. will write a strong letter hope it works this time
If the registrar is C & R, just write them off. You are just about to start the most frustrating cat and mouse game.
Was chasing my lost dividend cheques worth about 30k. I visited their offices around 10 times. Then they lost my documents and simply advised me to look for others. Around the same time a dividend was paid and they somehow managed to loose the cheque as well.
BAT recently moved their business from C&R to co-op bank. Hopefully other blue chips will follow suit.
Do loss of cheque mean loss of cash too! or money still available but missing cheque?
The money is still mine but there us a risk if it being forwarded to the UFAA.
Drama is in getting a replacent cheque. But the level of incompetence and bureaucracy at C&R would put any govt dept to shame.
I was at C & R two months ago and it wasnt funny trying to get a new cheque for 11,500 dvd that was RTSd. Had to fill an encyclopedia of documents from utility bill, bank statement, safcom mpesa statement, ID, letter of request, brokers statment (CMA) bla bla... And I am still waiting for the cheque. possibly forwarded to UFAA
For investors as a whole, returns decrease as motion increases ~ WB