The dividend is a share of the distributable profits of a company. It is paid usually once or twice a year to the shareholders of the company. If a company declares a dividend, it must be approved by the shareholders. It is subject to withholding tax.
Withholding tax is deducted from dividends paid to shareholders. The tax rate is usually 10% of the total dividends paid. Withholding tax on interest: This tax is imposed on interest paid on loans, deposits, and other financial transactions
The valid period of a dividend warrant is six months from the date of payment. If the dividend warrant is still valid, kindly lodge it at your bank for payment. If stale, please contact the Registrar for updating.
You can complete an e-dividend mandate form obtainable from our office or download the form from our website.
Kindly contact the Registrar through e-mail info@carnationregistrars.com or in writing with your signature duly signed on the mail or the letter. You can also visit the Registrar.
It is an evidence of your ownership of shares in a company. It represents your interest.
If you have not received your share certificate please get in touch with the Registrar. It may have been returned unclaimed to the Registrar from the post office. If the certificate is not with the Registrar, a replacement will be given to you. You will complete and sign a partly completed indemnity form for the lost certificate. A clearing bank or a reputable insurance company must join you in the indemnity. Also, you need to obtain a sworn affidavit or police report confirming the loss of the certificate.
A yearly meeting of the members or shareholders of a company, or other organization, especially for holding elections and reporting on the year's events.
Shareholders can participate in shareholder meetings either in person or by proxy. Information about upcoming meetings, including date, time, and location, is usually provided in the company's annual report or through notifications from the share registrar. Shareholders can appoint a proxy to attend the meeting on their behalf if they are unable to attend in person.
Shareholders can access their shareholding information, including current holdings, transaction history, and dividend payments by sending an email to info@carnationregistrars.com and we will attend to your requests
Shareholders can sell their shares through a brokerage firm or financial institution. To initiate the selling process, you'll need to instruct your broker to sell the desired number of shares. Once sold, the transaction will be processed, and the proceeds will be deposited into your brokerage account.
