Learn how patronage dividends distribute profits in cooperatives. Discover their tax advantages and how member usage influences payouts.
A patronage dividend is a refund that a co-operative distributes to its members as a share of the co-op’s profits. Unlike a regular stock dividend, a patronage dividend is not a return on investment.
As a customer-owned cooperative, Farm Credit Mid-America understands that a little extra capital can make a big difference in a farmer’s operation. In March, the financial services cooperative that ...
Political patronage—the distribution of jobs, contracts, and emoluments—is often seen as a form of political corruption. However, it was originally popularized in the United States to ensure that the ...
Chicago, the patronage capital of the world, gave us the phrase “pinstripe patronage,” meaning government resources bestowed on those more at home in a boardroom than on an assembly line, whose ...
Decentralisation of administrative, fiscal and political powers to provincial and local governments has received considerable attention in the past two decades due to the discontent over the central ...