Despite the postponement of the AMM, the Board have agreed not to delay the declaration and distribution of a dividend – which this year totals £2,131,000 (equating to 1.5% of qualifying spend during the 2019 financial year). Members will be asked to ratify this decision at the AMM when held.
Therefore, we are delighted to announce that the total dividend this year is £2.1M around 40% of our Co-op’s profits available for distribution for the last financial year.
This year, we are giving members the option to donate some, or all, of their Dividend to the East of England Co-ops Community Cares Fund – enabling us to continue to support great causes during these unprecedented times.
Find out more here.