Korea Securities Depository Launches Campaign to Return 45.1 Billion Won in Unclaimed Dividends

The Korea Securities Depository announced today (October 6) that it will run an eight-week campaign starting from today through November 30 to help investors reclaim unclaimed stocks and cash dividends tied to "practical stocks."

Practical stocks refer to shares that investors withdraw in physical certificate form from securities firms but fail to register under their own names in the shareholder registry.

As of the end of last month, unclaimed dividends and rights arising from such practical stocks—including cash dividends, dividend shares, and gratis shares—reached approximately 45.1 billion won in cash and about 2.32 million shares.

The Korea Securities Depository has regularly conducted campaigns of this nature since 2018, returning 80,300 shares and approximately 4.53 billion won in cash to practical shareholders over the past five years.

This year, the depository will step up investor outreach in cooperation with four major securities firms: NH Investment & Securities, Mirae Asset Securities, KB Securities, and Samsung Securities.

Under the initiative, the Korea Securities Depository will provide each securities firm with information regarding previously issued practical stocks, and the firms will guide affected investors on how to check and claim their holdings.

Investors can check for any unpaid dividends and shares through the "Practical Stock Dividend Inquiry Service" on the Korea Securities Depository website.
(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.