Profit Sharing Update
On December 4, 2019, the Board of Directors approved the payment of a 4.10% dividend as of December 31, 2019 on outstanding Class B Investment Shares, Series 1, Series 2 and Series 2016, totaling $1.15 million.
The Board of Directors also approved the payment of a 0.70% dividend as of December 31, 2019 (subject to a minimum payment of $2.00) on outstanding Profit Shares. Only the dividends paid on non-registered deposits will be taxable to the member. T5’s will be mailed to members in February 2020.
Please ask any of our staff or contact our Member Solutions Centre 1.800.598.2891.