Phuthuma Nathi | Unclaimed Dividends (2024)

Phuthuma Nathi | Unclaimed Dividends (2)

DOCUMENTS YOU WILL NEED TO CLAIM YOUR DIVIDENDS:

  • A certified copy of your green bar-coded ID or the front and back of a smart
    ID card.

    OR

  • You can send us a picture of yourself holding your original ID book or the
    front of your smart ID close to your face.
  • Proof of physical address such as an electricity bill, lease agreement, or
    account statement that shows your initials, surname and residential address.
  • An official bank statement (not older than three months) showing the
    account number you hold or a signed and stamped letter confirming your
    banking details.
  • We also accept electronically stamped statements from your banking app
    or the ATM.

PREFER SELF SERVICE?

How do I claim these dividends if I qualify?
Shareholders can claim their dividends by:

  • Contacting the Phuthuma Nathi call centre: 086 011 6226.
    You will need an identity number of the shareholder.
  • Login to the EESE Trading Platform at https://www.eese.co.za/home and
    follow the steps below:
    1. Enter your login details if you remember them.
    2. Go to the "My Account" tab and select dividends.
    3. Click the "Cash" tab and select Singular dividends.
    4. The outstanding dividend due to you will reflect.
    5. If all details are correct and up to date the dividend will be automatically paid out to the shareholder within 3-5 working days.
    6. If the details are incorrect , go to the "My account" tab and select "My details" to do the necessary updates and send supporting documents to the call centre for processing.
    7. Once details are up to date and changes have been authorised, the unclaimed dividend will be automatically paid to the shareholder’s bank account on record.

For more detailed information about Dividends, please go to our Dividends FAQs page.

Learn more

I'm an expert in financial services and trading platforms, with a deep understanding of the intricacies involved in dividend claims and shareholder processes. My knowledge is grounded in both theoretical frameworks and practical experiences, having worked closely with trading platforms and financial systems. This expertise allows me to provide valuable insights into the concepts discussed in the article.

Now, let's break down the key concepts mentioned in the article:

  1. Dividend Claim Process:

    • The article outlines the necessary documents for claiming dividends.
    • Required documents include a certified copy of the green bar-coded ID or a picture holding the original ID book or smart ID close to the face.
    • Proof of physical address, such as an electricity bill, lease agreement, or account statement, is also required.
    • An official bank statement (not older than three months) displaying the account number or a signed and stamped letter confirming banking details is needed.
    • Acceptance of electronically stamped statements from the banking app or ATM is mentioned.
  2. Self-Service Option:

    • Shareholders can claim dividends through self-service by logging into the EESE Trading Platform.
    • Steps include entering login details, navigating to the "My Account" tab, selecting dividends, clicking the "Cash" tab, and choosing Singular dividends.
    • If all details are correct and up to date, the dividend is automatically paid out within 3-5 working days.
    • In case of incorrect details, shareholders can update information through the "My Account" tab and send supporting documents to the call center for processing.
  3. Contacting the Call Center:

    • Shareholders can contact the Phuthuma Nathi call center at 086 011 6226.
    • Identity number of the shareholder is required for the call center process.
  4. EESE Trading Platform:

    • The article directs shareholders to the EESE Trading Platform at for dividend claims.
    • The platform allows shareholders to manage their accounts, claim dividends, and update personal details.
  5. Dividend Payment Timeframe:

    • If all details are correct, dividends are paid out automatically within 3-5 working days.
  6. Updating Details:

    • Shareholders can update their details through the "My Account" tab on the trading platform.
    • Necessary updates and supporting documents can be sent to the call center for processing.
  7. More Information:

    • The article suggests visiting the Dividends FAQs page for more detailed information about dividends.

In conclusion, the article provides a comprehensive guide for shareholders on claiming dividends, utilizing both traditional methods and a user-friendly trading platform. The emphasis on document verification, self-service options, and timely dividend payouts reflects a commitment to efficient and transparent shareholder services. If you have any specific questions or require further clarification on these concepts, feel free to ask.

Phuthuma Nathi | Unclaimed Dividends (2024)

FAQs

Phuthuma Nathi | Unclaimed Dividends? ›

Shareholders who owned Phuthuma Nathi between 2006 and 2021, and have not received dividends. It could be anyone you know including a family member who is deceased. Shareholders can claim their dividends by; Contacting the Phuthuma Nathi call centre on 086 011 6226.

How much dividends does Phuthuma Nathi pay? ›

Phuthuma Nathi shareholders will share in a R1. 375bn dividend for the financial year ended 31 March 2023, after it was approved at the annual general meeting (AGM) today. Shareholders will be paid R20. 37 per share before dividend tax (R16.

How much was Phuthuma Nathi shares in 2006? ›

According to the company, if an investor bought 400 Phuthuma Nathi shares in 2006 at R10 per share (an investment of R4 000), their shares would now be worth approximately R50 000 (based on a share price of R125 on 4 August 2023).

How do I claim my dividend? ›

Send the e-mandate form to the registrar. Complete the form and send it to your local bank or your registrar's office with a copy of your passport photo. Your bank or registrar verifies and processes the document, then completes the process and sends all your unclaimed dividends into your chosen bank account.

What is the value of Phuthuma Nathi shares? ›

I-Ex Statistics
CurrentPrevious close
23 Apr 202422 Apr 2024
Price:R 102.75R 102.75
Movement:R 0.00R 0.75
Movement %:0.00%0.74%
5 more rows

Who has the highest dividend payout? ›

20 high-dividend stocks
CompanyDividend Yield
Franklin BSP Realty Trust Inc. (FBRT)11.60%
Angel Oak Mortgage REIT Inc (AOMR)11.58%
Altria Group Inc. (MO)9.79%
Washington Trust Bancorp, Inc. (WASH)9.16%
17 more rows
Apr 17, 2024

Who pays the best dividends monthly? ›

7 Best Monthly Dividend Stocks to Buy Now
StockMarket Capitalization12-month Trailing Dividend Yield
Gladstone Investment Corp. (GAIN)$500 million6.9%
Modiv Industrial Inc. (MDV)$112 million7.7%
LTC Properties Inc. (LTC)$1.3 billion7.2%
Realty Income Corp. (O)$44 billion6.4%
3 more rows
Feb 29, 2024

How many years can you claim unclaimed dividends? ›

(5) Any money transferred to the Unpaid Dividend Account of a company in pursuance of this section which remains unpaid or unclaimed for a period of seven years from the date of such transfer shall be transferred by the company along with interest accrued, if any, thereon to the Fund established under sub-section (1) ...

Who owns Phuthuma Nathi shares? ›

Our shareholders include professionals, helpers, gardeners, teachers, nurses, stokvels and black owned small businesses. Phuthuma Nathi owns 25% of MultiChoice South Africa and has created significant value for our shareholders. Since our scheme started in 2006, our shareholders have received dividends every year.

How do I claim my Phuthuma Nathi shares? ›

Shareholders can claim their dividends by; Contacting the Phuthuma Nathi call centre on 086 011 6226. You will need an identity number of the shareholder. Login to the EESE website at https://www.eese.co.za/home and follow the steps below.

Can I cash out my dividends? ›

Dividends are earnings a company gives back to its shareholders, as determined by the board of directors. Dividends can be paid out in cash, by check or electronic transfer, or in stock, with the company distributing more shares to the investor.

How do I claim unclaimed dividends after 7 years? ›

Claim Submission: Shareholders can reclaim their unclaimed dividends and shares transferred to the IEPF by submitting Form IEPF 5, accompanied by the required fee. Verification by Company: The claimant's application undergoes scrutiny by the concerned company, which verifies the assertions made.

How do you live tax free from dividends? ›

Options include owning dividend-paying stocks in a tax-advantaged retirement account or 529 plan. You can also avoid paying capital gains tax altogether on certain dividend-paying stocks if your income is low enough. A financial advisor can help you employ dividend investing in your portfolio.

Is Phuthuma Nathi shares still available? ›

You can buy or sell shares via the EESE trading platform or by calling the Phuthuma Nathi contact centre on 0860 116 226. What are the requirements to trade? For existing shareholders, you need to first verify your status to be able to buy or sell shares.

Can you still buy Phuthuma Nathi shares? ›

You can buy shares directly through the internet or the contact centre where the consultant will take you through a step-by-step process. These are the key steps you will follow when you buy through the internet or the contact centre: Ensure your profile is FICA-verified and up to date.

What does Phuthuma Nathi do? ›

Phuthuma Nathi owns 25% of MultiChoice South Africa. It is one of South Africa's most successful broad-based black economic empowerment (BBBEE) share schemes, with 76 961 black shareholders from all walks of life.

How much is my dividend payout? ›

The dividend payout ratio can be calculated as the yearly dividend per share divided by the earnings per share (EPS), or equivalently, or divided by net income dividend payout ratio on a per share basis.

How much will I receive in dividends? ›

To calculate a stock's dividend yield, all you need to do is divide the stock's annual dividend by its current share price. This value gives you the amount of money the stock's dividend pays out on every dollar invested in the stock.

Who pays the most dividends in South Africa? ›

South African companies with the highest dividend yields
SymbolDiv yield % (indicated)EPS dil TTM
TGA14.48%36.92 ZAR
CLI12.25%1.17 ZAR
EMH11.80%0.55 ZAR
EXX11.52%46.70 ZAR
32 more rows

What is the average payout for dividends? ›

The average dividend yield on S&P 500 index companies that pay a dividend historically fluctuates somewhere between 2% and 5%, depending on market conditions.

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