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The Sleepy Eye Herald Dispatch - Sleepy Eye, MN
  • River Region Co-op returns millions to patrons

  • River Region Cooperative of Sleepy Eye and Essig has returned a record amount of cash and equity to patrons based off July 31, 2013 year end financial results.
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  • River Region Cooperative of Sleepy Eye and Essig has returned a record amount of cash and equity to patrons based off July 31, 2013 year end financial results.
    Total cumulative payouts in December were $2.48 million in cash and $1.35 million in equity.
     
    Following is a breakdown of the cash and equity payouts:
     
    • Estates (Cash) - $160,000
    • Age redemptions (Cash) $78,000
    • FEC 1991-1995 (Cash) - $1,125,000
    • COO 1991-1995 (Cash) - $220,000
    • Current Cash Dividend - $900,000
    • Current Equity Dividend - $1,350,000
    • Total $3,833,000
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