Dhaka, Jan. 24 -- Saif Imam Zamir in September last year received Tk 0.142 million in cash dividend after he had claimed returns yet to be paid by a company where his mother invested 29 years ago.

As many as 283 more claims of undistributed cash dividends were settled between March and December last year, thanks to the Capital Market Stabilisation Fund (CMSF).

The Fund was established by the Bangladesh Securities and Exchange Commission (BSEC) as a custodian of undistributed or unclaimed or unsettled dividends (cash or stock) or un-allotted rights shares or non-refunded public subscriptions.

It was aimed at settling undistributed dividend claims and ensuring liquidity support for market intermediaries. The Fund became operational in Ju...