{"id":30934,"date":"2025-03-31T10:27:29","date_gmt":"2025-03-31T10:27:29","guid":{"rendered":"https:\/\/www.premium-partners.net\/?p=30934"},"modified":"2025-04-01T08:44:54","modified_gmt":"2025-04-01T08:44:54","slug":"are-you-owed-money-in-unclaimed-dividends","status":"publish","type":"post","link":"https:\/\/www.premium-partners.net\/fr\/builder\/are-you-owed-money-in-unclaimed-dividends\/","title":{"rendered":"Are you owed money in unclaimed dividends?"},"content":{"rendered":"

This post<\/a> was originally published on this site<\/a><\/p>

<\/p>\n

Unclaimed dividends in South Africa are currently standing at approximately R4.5 billion. These are dividends you may have forgotten about or may have belonged to parents as part of employee share schemes, for example, and have never been claimed after the death of the principal owner.<\/span><\/p>\n

Old Mutual has partnered with the Johannesburg Stock Exchange to trace the rightful owners and beneficiaries of these benefits to ensure that they receive their unclaimed funds.<\/span><\/p>\n

Old Mutual is proud to be a participant in the <\/span>JSE-led Claim It<\/span> campaign, aiming to reconnect those shareholders with their unclaimed benefits.<\/span><\/p>\n

\u201cThere is an estimated R4.5 billion in unclaimed share benefits held by South African listed companies,\u201d says John Manyike, Head of Financial Education at Old Mutual. \u201cThis money has not reached the rightful shareholders for various reasons including, outdated contact information, old banking details and in some cases, beneficiaries being unaware that these benefits exist in their names.\u201d<\/span><\/p>\n

Alongside other 19 listed companies, Old Mutual says it is determined to help these shareholders and beneficiaries gain access to their unclaimed benefits.<\/span><\/p>\n

\u201cThink of the positive contribution these could make to your financial goals if you were to receive such an unexpected payout,\u201d comments Manyike.<\/span><\/p>\n

\u201cThe Claim It campaign underscores the JSE\u2019s commitment to empower South Africans and drive financial inclusion. We are not only reuniting unclaimed dividends with their rightful owners, but we are also encouraging a culture of financial awareness as well as economic inclusion,\u201d says Vuyo Lee, Director: Marketing and Corporate Affairs at the JSE. \u201cThis initiative has the potential to transform lives by enabling people to invest in their futures and contribute to the broader economy.\u201d<\/span><\/p>\n

Companies, as a means of distributing their earnings to their shareholders, usually declare and payout dividends to shareholders each year and these remain unclaimed as their beneficiaries have not been traced.<\/span><\/p>\n

\u201cIf you were employed by a company, or your parents or siblings, you may have received shares as part of your employee benefits scheme and therefore might have unclaimed dividends owed to you,\u201d explains Manyike.<\/span><\/p>\n

How to claim<\/b><\/p>\n

The process of checking whether you have these unclaimed benefits in your name is easy and quick, assures Manyike.<\/span><\/p>\n

\u201cThe JSE has developed an advanced tracing tool to trace the shareholders shareholders,\u201d he says. \u201cWhether you\u2019re a former employee, a shareholder or a beneficiary of an estate that held shares in a participating company, you\u2019re urged to visit the <\/span>JSE Claim It<\/span> website to check if you have unclaimed benefits or call the call centre on 0861 401 105.\u201d<\/span><\/p>\n

Manyike, however, believes scepticism is understandable given the high prevalence of scams.<\/span><\/p>\n

\u201cMany people are probably going to think this is too good to be true,\u201d he concedes. \u201cBut it\u2019s worth checking as it only takes a few minutes in a secure online environment to protect your information, and the results are instantly made known.\u201d<\/span><\/p>\n

Think before you splurge<\/b><\/p>\n

\u201cFor those fortunate enough to receive funds, Manyike urges caution, \u201cthis could be a very exciting time for you but do take a moment to pause and plan,\u201d he advises. \u201cYou should firstly pay off any high-interest debt and then build up your emergency fund.\u201d He also recommends adding to your long-term retirement savings.<\/span><\/p>\n

Only after then should you think about treating yourself. \u201cSet aside a small portion of the funds (no more 5%) for guilt-free spending,\u201d he concludes. \u201cThis will satisfy the urge to splurge without derailing your financial goals.\u201d<\/span><\/p>\n

PERSONAL FINANCE<\/strong><\/p>","protected":false},"excerpt":{"rendered":"

Unclaimed dividends in South Africa are currently standing at approximately R4.5 billion. These are dividends you may have forgotten about or may have belonged to parents as part of employee share schemes, for example, and have never been claimed after the death of the principal owner.Old Mutual has partnered with the Johannesburg Stock Exchange to trace the rightful owners and beneficiaries of these benefits to ensure that they receive their unclaimed funds.Old Mutual is proud to be a participant in the JSE-led Claim It campaign, aiming to reconnect those shareholders with their unclaimed benefits.\u201cThere is an estimated R4.5 billion in unclaimed share benefits held by South African listed companies,\u201d says John Manyike, Head of Financial Education at Old Mutual. \u201cThis money has not reached the rightful shareholders for various reasons including, outdated contact information, old banking details and in some cases, beneficiaries being unaware that these benefits exist in their names.\u201dAlongside other 19 listed companies, Old Mutual says it is determined to help these shareholders and beneficiaries gain access to their unclaimed benefits.\u201cThink of the positive contribution these could make to your financial goals if you were to receive such an unexpected payout,\u201d comments Manyike.\u201cThe Claim It campaign underscores the JSE\u2019s commitment to empower South Africans and drive financial inclusion. We are not only reuniting unclaimed dividends with their rightful owners, but we are also encouraging a culture of financial awareness as well as economic inclusion,\u201d says Vuyo Lee, Director: Marketing and Corporate Affairs at the JSE. \u201cThis initiative has the potential to transform lives by enabling people to invest in their futures and contribute to the broader economy.\u201dCompanies, as a means of distributing their earnings to their shareholders, usually declare and payout dividends to shareholders each year and these remain unclaimed as their beneficiaries have not been traced.\u201cIf you were employed by a company, or your parents or siblings, you may have received shares as part of your employee benefits scheme and therefore might have unclaimed dividends owed to you,\u201d explains Manyike.How to claimThe process of checking whether you have these unclaimed benefits in your name is easy and quick, assures Manyike.\u201cThe JSE has developed an advanced tracing tool to trace the shareholders shareholders,\u201d he says. \u201cWhether you\u2019re a former employee, a shareholder or a beneficiary of an estate that held shares in a participating company, you\u2019re urged to visit the JSE Claim It website to check if you have unclaimed benefits or call the call centre on 0861 401 105.\u201dManyike, however, believes scepticism is understandable given the high prevalence of scams.\u201cMany people are probably going to think this is too good to be true,\u201d he concedes. \u201cBut it\u2019s worth checking as it only takes a few minutes in a secure online environment to protect your information, and the results are instantly made known.\u201dThink before you splurge\u201cFor those fortunate enough to receive funds, Manyike urges caution, \u201cthis could be a very exciting time for you but do take a moment to pause and plan,\u201d he advises. \u201cYou should firstly pay off any high-interest debt and then build up your emergency fund.\u201d He also recommends adding to your long-term retirement savings.Only after then should you think about treating yourself. \u201cSet aside a small portion of the funds (no more 5%) for guilt-free spending,\u201d he concludes. \u201cThis will satisfy the urge to splurge without derailing your financial goals.\u201dPERSONAL FINANCE<\/p>","protected":false},"author":1,"featured_media":30936,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-30934","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-builder"],"_links":{"self":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/30934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/comments?post=30934"}],"version-history":[{"count":1,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/30934\/revisions"}],"predecessor-version":[{"id":30935,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/30934\/revisions\/30935"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/media\/30936"}],"wp:attachment":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/media?parent=30934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/categories?post=30934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/tags?post=30934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}