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As per the Accounting, Audit, Transfer, and Refund Rules, 2016, companies must provide information about their unclaimed dividend. The rule deals with the transfer and refund of dividends. A host of reasons are responsible for the emergence of this kind of situation. Some of them include the shareholder's death, address change, and loss of dividend warrant. Gain an insight When a company earns a surplus, it distributes a proportion of its profits to its shareholders as a dividend. The quality and quantity to be declared are decided by the Board of Directors.  • Know the differences The declaration may take place in the form of a final or interim dividend. The interim dividend is announced before the finalization of accounts, whereas the final dividend is paid after the finalization of accounts. The payment is made at a pre-determined rate. An unpaid dividend refers to the dividend announced but not yet paid to the stockholders. Unclaimed dividend refers to the dividend paid but not...