GGC Board Votes to Issue $0.23 Distribution

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On September 17th, Golden Growers Cooperative’s (GGC) Board of Directors approved a distribution of $0.23 per bushel delivered in 2014 or per member unit, effective for members of record on October 1, 2015.  This distribution has two components:

  • First, the distribution includes the retirement of the remaining $0.0836 per bushel  2014 equity credits.  This completes retirement of remaining 2014 equity credit; and
  • Second, the distribution includes $0.1464 per membership unit as a ‘partnership distribution.”

This brings GGC distributions since 2008 to over $80 million, or about $5.18 per average ownership unit.