The Johannesburg Stock Exchange launches the 'Claim It' campaign, encouraging South Africans to check for unclaimed dividends worth R4.5 billion, with an easy verification process. File photo.
The Johannesburg Stock Exchange (JSE) has announced that it has launched its "Claim It" campaign, urging South Africans to check if they are potential shareholders owed a portion of the R4.5 billion in unclaimed dividends.
The initiative is a collaborative effort between the JSE and some of the largest companies listed on the exchange, to return unclaimed dividends to their rightful owners. The JSE has access to nineteen issuer share registries and will endeavour to reunite nearly 375,000 former employees, shareholders, or beneficiaries of deceased estates with their unclaimed funds.
Various factors contribute to individuals not being aware of unclaimed dividends owed to them. These factors include changing jobs, moving homes without updating addresses, or not informing listed companies of updated banking information. These issues have made it difficult to verify beneficiaries, delaying the distribution of unclaimed funds.
Easy verification process
To determine if a person is owed unclaimed dividends, South Africans can visit the JSE website at www.jse.co.za/claimit and complete the online form or contact the JSE Claim It call centre on 0861 401 105. The required documents for the verification process include:
Participating companies
The nineteen listed companies that the JSE has partnered with to reconnect South Africans with their dividends are:
Campaign Ambassador
To further drive awareness, the JSE has says it appointed Lucas Radebe as the campaign's ambassador. Radebe is one of South Africa’s most respected and trusted sports figures, known for his legendary football career, charitable work, and reputation as an icon of inclusivity. He embodies the values of trust and integrity that are central to this initiative.
For assistance and more information on how to claim your dividends, visit www.jse.co.za/claimit or contact the JSE Claim It call centre at 0861 401 105. Follow the exchange’s social media accounts on Facebook (The JSE Group), X (@JSE_Group), and LinkedIn (JSE Limited).
PERSONAL FINANCE