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Unclaimed dividend

A declared amount the holder never received, usually because of stale payment details or an unresolved custody matter.

How to read the number

The claim survives for a limited period: the money can be requested within the term set by statute, after which it returns to retained earnings.

When the metric lies

The loss is easy to miss — nobody notifies a holder that a remittance failed. Reconciling what was declared against what was credited is his own job.

Also known as: unclaimed dividend

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