Co-op Dividends Good for your Next of kin

[Herc]

If you move away from the trading region you can get your equity paid out as well.

[farmaholic]

I belong to two Co-ops...one a shoe string budget single location and the other Sherwood in Regina. Sherwood has been paying higher dividends but retains a portion of them. The small Co-op pays most of the "yearly" earned dividend out but is(has been) a smaller percentage than Sherwood, but they never always did that.

Member equity is the Co-op's liability...don't they have to make sure the have assets and Federated equity to cover that?

[grefer]

Unless you get lucky and your local coop is going to amalgamate with a bigger coop..then you get a total equity payout ..yay archerwill..

Mine did. My equity just rolled into the bigger one. They like spending money so not great Dividends either. Pretty much have said screw it and buy where it makes most sense. Trying to support the local coop it seems to only prolong the inevitable.

[RD414]

Neighbor wanted his equity out, wife left and he was getting out of here. Told no, wait till whenever, he charged up enough to cover the amount and didn't pay the bill. They took it from his equity. Game over.

[farmaholic]

Neighbor wanted his equity out, wife left and he was getting out of here. Told no, wait till whenever, he charged up enough to cover the amount and didn't pay the bill. They took it from his equity. Game over.

Touché

[Braveheart]

Neighbor wanted his equity out, wife left and he was getting out of here. Told no, wait till whenever, he charged up enough to cover the amount and didn't pay the bill. They took it from his equity. Game over.

We had a neighbour that tried the very same thing. He ended up in court though.