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.
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.