GGC Board Approves Distribution of $0.16/Unit
On June 13th, the Golden Growers Board of Directors approved a $0.16/Unit distribution of $2,478,477 to members of record as of June 1, 2024
This distribution will retire a portion of remaining 2022 allocated income. With this distribution, the remaining equity credit balance is $6,377,344 or $0.42/bushel. This balance is useful in determining per Unit basis levels and does not constitute an outstanding obligation for GGC.
GGC has issued payments to members totaling $140,561,771 or 260% of members’ original investment in GGC.