We had some shares of a company. Its a big company.
We used to live at some other address. We don't live there anymore for the last 10 years or so.
Some dividend cheques must have been sent to our old address and they must have been sent back either undelivered or not deposited and the cheques must have expired.
What happens to such cheques and and deposits ? Are they lost forever and we won't get the amount back in future and that money is gone ?
Note : There is NO direct deposit in bank accounts for these dividends. And the dividends were NOT reinvested by the company into stocks. They were simply paid out.
TIA
We used to live at some other address. We don't live there anymore for the last 10 years or so.
Some dividend cheques must have been sent to our old address and they must have been sent back either undelivered or not deposited and the cheques must have expired.
What happens to such cheques and and deposits ? Are they lost forever and we won't get the amount back in future and that money is gone ?
Note : There is NO direct deposit in bank accounts for these dividends. And the dividends were NOT reinvested by the company into stocks. They were simply paid out.
TIA