We are thrilled to announce that CED Co-op has launched our new investment offering of Class C Preference Shares. These shares have a projected dividend payout of 4% to 5% and are available for purchase at $5.00 per share.
The Co-operative anticipates that the payment of dividends on the Class C Preference Shares will be in the form of a stock dividend rather than a cash dividend, though always subject to the decision of the Board of Directors. A stock dividend is a dividend payment to shareholders that is made in shares rather than as cash. For more information on dividends and redemptions, please refer to Section 9.2 of the Offering Statement.
Sign up here to download a copy of the Offering Statement.
Contact us if you have any questions about investing with Community Energy Development Co-operative.