Search results
Results From The WOW.Com Content Network
A patronage dividend is a refund that a co-operative distributes to its members as a share of the co-op's profits. Unlike a regular stock dividend, a patronage dividend is not a return on investment.
Cooperative corporations are formed to provide some mutual benefit for their members, and because of this, the Congress of the United States beginning in 1951 has allowed them a deduction from their income for "patronage dividends." [2] A "patronage dividend" is money paid by a cooperative to its patrons on the basis of business done with these ...
A dividend is a distribution of profits by a corporation to its shareholders, ... This type of dividend is sometimes known as a patronage dividend or patronage refund
A utility cooperative is a type of cooperative that is tasked with the delivery of a public utility such as electricity, water or telecommunications to its members. Profits are either reinvested for infrastructure or distributed to members in the form of "patronage" or "capital credits", which are dividends paid on a member's investment in the cooperative.
Dividend yield: This is the annual dividend per share divided by the share price. Record date: The date a company will check and record information about who is eligible to receive a dividend payout.
Dividends and distributions. $10 or more, except $600 or more for liquidations ... For-profit cooperative corporations receive special tax treatment by the IRS, and a patronage dividend can be ...
Retailer-Owned Cooperative, where store-owners are shareholders of the larger company and therefore receive patronage dividends. (“Retail cooperative,” confusingly, also can refer to consumer cooperatives that have a retail storefront.) (Example: Ace Hardware, True Value, NAPA Autoparts).
Dividends are distributed based on the amount of interest accrued on your loan with a patronage return of 20.46% for 2023. This article originally appeared on Marion Star: AgCredit distributes $22 ...