When is REI's 2016 Dividend Release Date?
Sophia FloerschWhen is REI's 2016 Dividend Release Date?
REI, also known as Recreational Equipment Inc., is a renowned American retail and outdoor recreation services corporation. The company owns and operates several recreational equipment and outdoor gear retail stores across the United States. REI has a loyal customer base that values its high-quality products and services. One of the significant benefits of being a member of REI is the annual dividend that the company pays out to its members. In this article, we will discuss the 2016dividend release datefor REI and other important information related to the dividend payout.
What is REI's Dividend?
REI's dividend is a reward that the company pays to its members based on their purchases made throughout the year. The dividend payout varies each year, depending on the company's profits and member purchases. REI members who have madeeligible purchasesin the past year are entitled to receive a portion of the company's profits.
When is REI's 2016 Dividend Release Date?
The 2016 dividend release date for REI was on March 24, 2017. REI members who were eligible for the dividend received an email notification from the company informing them of their dividend amount and how to access it. Members who did not receive an email notification can check their dividend amount by logging into their REI online account or by contacting the REI customer service team.
How is the Dividend Calculated?
REI calculates the dividend amount for each member based on their eligible purchases made throughout the year. The dividend amount is calculated as a percentage of the member's eligible purchases. The percentage may vary each year, depending on the company's profits and other factors.
How to Invest in REI?
Investing in REI is not possible as the company is privately held and does not have shares that can be purchased by the public. However, becoming an REI member is an excellent way to support the company and enjoy its benefits. REI members can avail of various discounts on products and services, access exclusive events, and earn dividends based on their purchases.
Conclusion
REI's dividend payout is an excellent benefit for its members, and the 2016 dividend release date was March 24, 2017. The dividend amount is calculated based on eligible purchases made throughout the year, and the percentage may vary each year. Investing in REI is not possible, but becoming an REI member is an excellent way to enjoy various benefits and support the company.
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