Co-Op Stock Retirement Checks Mailed
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The Door County Cooperative began mailing more than $165,000 to local residents as part of its stock retirement program. Qualifying members will receive a check for 5% of the total stock they’ve earned in the company. Co-op members own more than $5 million of equity.
Annual profits of the Door County Cooperative are distributed to its members, and a portion is paid out as cash the following year. The remaining amount becomes co-op stock before it’s redeemed through this stock retirement program.
To become a Door County Cooperative member, visit any store location or doorcountycoop.com.