Last updated on February 6th, 2024 at 02:39 pm
A shareholder account number serves as a unique identifier for your shareholding and can be located on either your share certificate or on the non-mandated portal of the Securities and Exchange Commission (SEC).
Knowing your shareholder account number is essential if you intend to trace a long-abandoned dividend in Nigeria.
The major importance of shareholder account numbers is to identify an investor and how many shares they bought as you can in the photo below.
In some jurisdictions, the shareholder account number consists of a 9-digit character number situated at the top right-hand corner of the shareholder’s statement.
However, in Nigeria, this number can be found on the left side of the share certificate, with the digit length varying depending on the institution.
For example, it’s a 7-digit number for Ecobank Transnational Incorporated, while it’s a 6-digit number for Oceanic Bank Plc (which was later acquired by ETI).
The days of sending share certificates via NIPOST are gone, here are the two major ways to trace your shareholder account number in Nigeria:
- Via U-eDiv Search (non-mandated portal)
- On Share Certificate
1) Via U-eDiv Search
The non-mandated portal is a database of for unclaimed dividends, so you can use it to get the account number for your share.
- Head straight to sec.gov.ng/non-mandated/
- Enter your first and last name and hit the search button and on the first column, you will find your account number
With your share account number, you can proceed to claim your dividends, which we already explained in our guide.
2) Via Your Share Certificate
If you still have your share certificate, you can find the number of the certificate. This is a manual process.
- Check the top or middle left side of the certificate to find your number.
- Get the e-Mandate form, fill it and send it to your stockbroker for processing
The certificate contains the following information:
- Number of shares
- Certificate number
- Name of the company
- Full name of the shareholder
- Account number
- Date of issue
- Transfer number
- Signature of the company’s representative
The share account number is an identifier to track the details of a shareholder and it’s a prerequisite for claiming your dividend.