What are Patronage Dividends?
Patronage Dividends are profits that are returned back to our members and non-member patron contract holders (Dividend Patrons) in direct proportion to the amount of their Grange Co-op purchases.
Can Non-Members Receive Patronage Dividends?
Yes. Since farmer/rancher members changed Grange Co-op policy to allow non-member customers to receive dividends, thousands of our patrons have taken advantage our Patronage Dividend Program.
How Can I Receive Patronage Dividends?
Grange Co-op provides two ways to earn patronage dividends. The first way is to enroll in our non-member Patronage Dividend Program. The second way is to qualify and become an agricultural member of the cooperative. Both ways to qualify and earn patronage dividends are summarized below.
Non-Member Patronage Dividends Everyone can apply for Non-member Patronage Dividends.
• Patronage dividends are paid annually to those purchasing amounts greater than
$500. Typically, 20% of the dividend is paid in cash and 80% is paid in equity credits. There are no voting rights associated with non-member patronage contracts. No application fees are required. Patronage dividends are not subject to taxation (unless you deduct your Grange Co-op purchases on your taxes).
Click here* to download a printable Non-Member Application
Agricultural Member Dividends* Membership is for full and part-time farmers and ranchers.
• Patronage dividends are paid annually to those purchasing amounts greater than $500. Typically, 30% of the dividend is paid in cash and 70% is paid in equity credits. Equity credits are retired on an average of about 10 years. Members have voting rights. A one-time $100 membership provides lifetime benefits. Patronage dividends are subject to taxation (if you deduct your Grange Co-op purchases on your taxes).
Click here* to download a printable Agricultural Member Application
* All transactions processed with your account number in the year your application is submitted will be recognized for dividend purposes. Cash transactions processed prior to the assignment of your account number will not be included when computing patronage dividends. Please provide your account number to our sales personnel when your merchandise is purchased regardless of the form of your payment, to properly record your patronage activity.
How Do I Sign Up?
You can sign up for membership or non-member patronage dividends by filling out a simple application available at any Grange Co-op location. For more information about Grange Co-op membership or patronage dividends, please call (541) 664-1261 or visit our main office located at 89 Alder Street in Central Point.
Click here* to download a printable Non-Member Application
Click here* to download a printable Agricultural Member Application
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