Member Article

Nisa announces £3m surplus distribution to members

Scunthorpe-based Nisa, the independent retail specialist in the food and drink market, has announced that £3m will be paid to its members in the form of a surplus distribution, with a further £600,000 paid in dividend payments this year.

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 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.”

He added: “Nisa is purely run for the benefit of its members and it is for this reason that we distribute benefits in this way back to our membership, allowing members to use this money to further enhance their businesses.”

This was posted in Bdaily's Members' News section by Mark Lane .