Member Dividends Announced

Member Dividends Announced

February 14, 2017

Update: We are thrilled to report that Member Dividends are in the mail and should arrive near the end of the week.

Member Dividends Announced

This year, our Co-op is excited to distribute a Member Dividend in the total amount of $107,000. 

Member Dividends reward member owners for their financial support and ownership of our business.

Dividends are calculated by determining each member’s share of the net sales and dividing up the net profit proportionately to the amount each member purchased over the past fiscal year.

This dividend will include all purchases between July 1, 2015 - June 30, 2016 at both Co-op locations.

This year, 6,170 members will receive a dividend. The minimum amount of spending required to receive a dividend was $370. The average dividend is about $16 and the highest is $181.

All Co-op members owners slated to receive a Member Dividend will get a written notice in the mail and will be issued certificates in the amount of their refund. These certificates can be used at the Co-op, redeemed for cash or donated to our designated recipient, Farm to Food Bank. Dividends must be used by June 15, 2017.

Member Dividends are just one of the unique benefits of cooperative ownership. As shoppers and owners we have built this business together. Thank you for your past and continued support!

Don't forget to use your member card!

While shopping, use your membership card or give your membership number. This way all your purchases count towards any future dividends.

Is your mailing address up to date?

Your Member Dividend will get to you faster if your address is up to date!

Please fill out a blue Member Owner Matters form (find it at the Customer Service desk) to ensure your address is current in our membership database.

You can also contact our Membership Department by emailing shel@bozo.coop or calling 587-1919 ext. 69.