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How Dividends Work
If Ampled has a fiscal surplus left over at the end of year, meaning operating revenues are greater than total operating costs, the Board may vote to allocate a share of the surplus to be distributed to members in the form of dividends. The Board may also decide to allocate a share of the profits to re-invest in the sustainable growth of the co-op.
It's important to note that Ampled seeks self-sustainability and service to members more than profit. Once Ampled has achieved operational maturity and is able to sustainably and continually perform our core functions in alignment with our shared values, we hope eventually to reach a point where we have sustainable operational surpluses.
Being able to issue dividends to members would be an incredible accomplishment for an organization like ours. And because we're a co-op, dividends would be redistributed back to Artist-Owners and Worker-Owners, rather than lining the pockets of a small group of founders and investors. For more information on this, view our bylaws.
Last modified 3yr ago