I’m a Sberbank shareholder, but dividends have not been credited to my account. Why?
More often than not this happens when an account section in the shareholder list features outdated wire transfer information.
Federal Law No. 208-FZ On Joint-Stock Companies dated December 26, 1995, reads that a shareholder list member must inform the registrar in a timely manner on changes to one’s data (bank name, payment details, passport and other data). Should the shareholder fail to provide data updates, the company and the registrar shall bear no responsibility for damages incurred in connection therewith.