Page 18
CO-OP DECLARES
9.00
DIVIDEND FOR PUMP GAS
(7.50 cents plus 1.50 cents bonus)
The Board of Directors are pleased to announce the following profit sharing rates to shareholders for 2008:
Dyed Diesel 10.0% Confectionery 4.0%
Food 4.0% Oil & Grease 13.0%
Dyed Gas 10.0% Prescriptions 10.0%
Pump Gas 8.7% Hardware 6.0%
Clear Fuel 8.7% Agri 6.0%
Liquor 4.0%
Profit sharing will be the same as in previous years:
(a) if you have less than $1200 in equity (ownership), your profit share will be split into 35% cash and 65% will be applied
to your equity balance.
(b) if you have $1200 in equity (ownership), you will receive 100% of your profit share in cash
(c) once a member reaches the age of 65, the equity balance is paid down to $200, upon application.
THERE IS NO DOUBT ABOUT IT, CO-OP MEMBERSHIP HAS ITS BENEFITS
Medicine Hat Co-op
members continued to
save big at the gas
pumps! They received 3.5
cents off the posted price
PLUS 9.0 cents a litre in
shares and cash back - a
total of 12.50 cents a litre
savings wow!
During 2009 Medicine Hat Co-op will pay back over $7.2 million dollars in cash back to the
members in Medicine Hat and area. The average dividend cheque was $443.60.
40251469•03/24/09
w w w . m e d i c i n e h a t c o o p . c a
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