Nisa is to pay members £3m in the form of a surplus distribution, with a further £0.6m paid in dividend payments.
The dividend payment equates to £12 per share, up £4 on the previous year, and rewards members for supporting Nisa, whilst prompting members to take full advantage of the 100 shares they have available to them. 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, Nisa finance director, commented: “Nisa works hard to ensure it provides the best possible deals to its independent retailers but this is only possible through the support and dedication of our loyal members allowing us to secure the necessary volumes. It is for this reason we choose to reward and thank our loyal members in the form of a surplus payment. Further to this the dividend payment looks to reward those members that show true faith in the company by taking out their maximum share offering.”
Webster said that it had been a significant year for Nisa as the business has made its transition to a purely retail and consumer focussed organisation, allowing the company to strengthen its brand presence amongst consumers. “The company has continued to trade successfully throughout the year bringing on board a record number of members, whilst continuing to enhance the service it provides its members,” he added.
