The Investor Sentiment - Equity and investments forum for Sri Lankans
The Investor Sentiment - Equity and investments forum for Sri Lankans
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting
Search
Display results as :
Advanced Search
Latest topics
Tokyo CementMon Nov 23, 2020 9:42 amRajapaksap
Insider Dealings Fri Nov 20, 2020 2:30 ampjrngroup
UML United MotorsTue Nov 10, 2020 8:50 amThe Invisible
ExpolankaMon Nov 09, 2020 8:46 pmsmallville
Plantation Sector UpdatesSat Nov 07, 2020 8:15 amRajapaksap
HAYC - HaycarbFri Nov 06, 2020 12:11 pmsubash
LWL.N0000 (Lanka Walltiles PLC)Fri Oct 16, 2020 12:50 amsubash
CSE Daylight Robbery !Mon Sep 21, 2020 9:54 pmYin-Yang
Trading Journal Tue Sep 15, 2020 10:37 pmThe Invisible
AEL Access EngineeringTue Sep 15, 2020 7:24 pmsmallville
CFVF - First CapitalWed Sep 09, 2020 9:42 pmWonderer
Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Go down
The Invisible
The Invisible
Posts : 2920
Join date : 2016-11-28
Age : 41

Sri Lankan listed firms told to pay dividends directly to shareholder bank accounts Empty Sri Lankan listed firms told to pay dividends directly to shareholder bank accounts

on Fri Aug 10, 2018 2:25 pm
Message reputation : 100% (3 votes)
ECONOMYNEXT – Sri Lanka’s stock exchange has told listed companies to pay dividends directly to bank accounts of shareholders after complaints of payment delays.

The Colombo Stock Exchange (CSE) said it has got several complaints from shareholders that they had not got dividends within the stipulated time.

Some listed firms continued to post cheques to the postal address of CDS account holders or their banks, causing undue delays to the inconvenience of shareholders, the CSE’s chief regulatory officer Renuka Wijayawardhane said.

A statement said listed companies should not post cheques to shareholders or their banks.

All listed firms are required to directly credit dividends to the bank accounts of shareholders within seven market days from the ex-dividend date.
Ethical Trader
Ethical Trader
Top contributor
Top contributor
Posts : 5567
Join date : 2014-02-28

Sri Lankan listed firms told to pay dividends directly to shareholder bank accounts Empty Re: Sri Lankan listed firms told to pay dividends directly to shareholder bank accounts

on Fri Aug 10, 2018 5:24 pm
Message reputation : 100% (1 vote)
Thanks. I made complaint few years back & requested on line transfer of funds so that dividend will be paid without undue delay but our companies are still holding on to manual procedure.
කිත්සිරි ද සිල්වා
කිත්සිරි ද සිල්වා
Top contributor
Top contributor
Posts : 8721
Join date : 2014-02-23
Age : 62
Location : රජ්ගම

Sri Lankan listed firms told to pay dividends directly to shareholder bank accounts Empty Re: Sri Lankan listed firms told to pay dividends directly to shareholder bank accounts

on Sat Aug 11, 2018 9:46 am
Defective factories produce defective products only.

_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
Yin-Yang
Yin-Yang
Posts : 1309
Join date : 2016-03-12

Sri Lankan listed firms told to pay dividends directly to shareholder bank accounts Empty Re: Sri Lankan listed firms told to pay dividends directly to shareholder bank accounts

on Sat Aug 11, 2018 1:22 pm
This is an opportunity to our postal department noh?

Instead of posting manual checks to banks, they can start a new service to send digital checks to bank accounts.

Or else some brainy guy can come up with some online system to handle all these transactions.

The problem is most of the brainy guys have left the country or have migrated to no-brainy status.
nihal123
nihal123
Top contributor
Top contributor
Posts : 6327
Join date : 2014-02-24
Age : 54
Location : Waga

Sri Lankan listed firms told to pay dividends directly to shareholder bank accounts Empty Re: Sri Lankan listed firms told to pay dividends directly to shareholder bank accounts

on Sat Aug 11, 2018 8:38 pm
Message reputation : 100% (1 vote)
මේ අය කරන්නේ නැති උනාට හොඳ වැඩක්, දවසක් රැ 1.00 ක චෙක් එක් මට ලැබුනා. තැපැල් ගාස්තුව රැ 15.00, කොළවලට, කවරයට කියක් යන්න ඇද්ද ?
avatar
pjrngroup
Posts : 437
Join date : 2015-11-01

Sri Lankan listed firms told to pay dividends directly to shareholder bank accounts Empty Re: Sri Lankan listed firms told to pay dividends directly to shareholder bank accounts

on Tue Aug 14, 2018 2:38 am
Message reputation : 100% (1 vote)
Atleast now CSE have taken into consideration of some customer complain.  

Thanks ET  for being one who made a complain.

Good move. I have not checked my dividend payment for long time whether it has reached my account.
Back to top
Permissions in this forum:
You cannot reply to topics in this forum