Got my dividend check in the mail the other day. Not only have I increased my equity stake but I have some cool spending money in my pocket.
The Door County Cooperative has been mailing more than $450,000 in patronage dividends to its members.
These are from 2009 business earnings - the fourth consecutive year - and represent a record for the largest distribution by the member-owned Co-op. That's straight-up great performance in a recession year.
I am going to indulge my quasi Capitalist Socialist streak by spending the dividend tomorrow at Belgian Days.
Subscribe to:
Post Comments (Atom)
Posts
Cooperatives have their place...the key thing that makes them successful is that they are voluntary -- and accountable. If you didn't get a check, you would be far less likely to volunteer to belong.
ReplyDeleteThe Co-op has everyone on the peninsula beat.
ReplyDeleteNAPA auto supply, Ace Hardware, propane, fertilizer, seed, garden supples and appliances along with appliance repair.
And everyone knows you on a first name basis.