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Nisa announces surplus distribution to members

Symbol group Nisa is to pay over £2.2 million to its members in the form of surplus distribution and dividend payments.

GENERAL MERCHANDISE

Nisa announces surplus distribution to members

Symbol group Nisa is to pay over £2.2 million to its members in the form of surplus distribution and dividend payments.

Nisa said the dividend payment represents a pay out of £14 per share, providing a return of over 7% on each share owned by members, of which they can own up to 250. The group added that the surplus payment also looks to reward those members who have shown loyalty and support to Nisa by ordering products through its central distribution services.

Simon Webster, finance director, said: “This is one of the many benefits of being a member owned organisation as any surplus profits are distributed back to our members, allowing them to use this money to further enhance their businesses.

“Nisa is committed to making money for its members rather than out of them and this is a perfect example of this.”

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