{"id":456377,"date":"2021-03-11T16:12:10","date_gmt":"2021-03-11T21:12:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=456377"},"modified":"2021-03-11T16:12:10","modified_gmt":"2021-03-11T21:12:10","slug":"ufa-co-operative-announces-14-2-million-patronage-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ufa-co-operative-announces-14-2-million-patronage-dividend\/","title":{"rendered":"UFA Co-operative Announces $14.2 Million Patronage Dividend"},"content":{"rendered":"

\nMembers to receive patronage dividends when they are needed most
\n<\/h2>\n
\n

Calgary, AB, March 11, 2021 (GLOBE NEWSWIRE) — United Farmers of Alberta Co-operative Ltd. (\u201cUFA\u201d) approved a patronage dividend of $14.2 million to its membership at its virtual Annual General Meeting on Thursday, March 11, 2021. The patronage payment is for 2020 purchases in the following categories: Ag Gas (1.3%), Ag Diesel (6.6%), Canola and Corn Seed (1.6%), and the following lubricants: 18.9L pails of Spirax S4 TXM, Rotella T4 15W40 and Rotella T6 15W40 (5%).\u00a0<\/p>\n

In addition to the patronage dividend, the Alberta-based co-operative is proud to report $1.2 billion in financial revenues and $64 million in earnings before interest, taxes, depreciation and amortization (EBITDA).\u00a0<\/p>\n

\u201cAs a member-owned agricultural co-operative, it is our responsibility to support the members who continue to get the job done, even during a pandemic. The business of agriculture cannot stop,\u201d says Scott Bolton, UFA President and Chief Executive Officer. \u201cServing our members and customers is the driving force of UFA, and paying patronage to those who keep the agriculture industry moving has never been more important. We are honoured to demonstrate our commitment and gratitude with this year\u2019s patronage return.\u201d\u00a0<\/p>\n

During the year, UFA continued to invest in its core businesses. The co-operative continued to expand its Dieselex Gold\u00ae offering and partnered with GrainsConnect Canada to bring an exciting pilot program, offering growers the chance to maximize returns with a discount on seed and receive competitive pricing with a premium on their production contract. Bar W, a subsidiary of UFA, opened a new All Peace Petroleum site in Spruce Grove, enhancing the service offering to customers of the downstream maintenance and construction business, as well expanding its tank rentals and sales. UFA demonstrated its commitment to streamlining the overall customer experience with a new point-of-sale system, introduced in early 2020; and in December, launched its e-commerce site. Implementing comprehensive measures to protect the health and safety of its teams, members and customers, while ensuring they remained open for business, was a priority for UFA.\u00a0\u00a0<\/p>\n

\u201cThis past year is like no other. We all know that we are not out of the woods yet, but spring is coming. Seed will go in the ground. Calves will be born. Fuel will be delivered. As farmers, we must move forward. This year\u2019s patronage dividend will help our members to do just that,\u201d says UFA Board Chair, Kevin Hoppins. \u201cOur co-operative has weathered many storms and we will get through this one, because for over a century we\u2019ve known that we are stronger together.\u201d<\/p>\n

-30-<\/p>\n

About UFA Co-operative Limited:<\/p>\n

Founded in 1909, UFA Co-operative Limited is an Alberta-based agricultural co-operative with more than 120,000 member-owners. UFA\u2019s network comprises more than 111 bulk fuel and Cardlock Petroleum locations, 34 Farm & Ranch Supply stores and a support office located in Calgary, AB. Independent Petroleum Agents and more than 950 UFA employees provide products, services and agricultural solutions to farmers, ranchers, members and commercial customers in Alberta, British Columbia and Saskatchewan. For more information, visit www.UFA.com<\/a>.<\/p>\n

\u00a0<\/p>\n

For media inquiries:\u00a0<\/p>\n


\n
\n \n <\/div>\n

\n
Trish Nixon\r\nUFA Co-operative Ltd.\r\n(d) 403-875-7595\r\ntrish.nixon@ufa.com\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Members to receive patronage dividends when they are needed most Calgary, AB, March 11, 2021 (GLOBE NEWSWIRE) — United Farmers of Alberta Co-operative Ltd. (\u201cUFA\u201d) approved a patronage dividend of $14.2 million to its membership at its virtual Annual General Meeting on Thursday, March 11, 2021. The patronage payment is for 2020 purchases in the following categories: Ag Gas (1.3%), Ag Diesel (6.6%), Canola and Corn Seed (1.6%), and the following lubricants: 18.9L pails of Spirax S4 TXM, Rotella T4 15W40 and Rotella T6 15W40 (5%).\u00a0 In addition to the patronage dividend, the Alberta-based co-operative is proud to report $1.2 billion in financial revenues and $64 million in earnings before interest, taxes, depreciation and amortization (EBITDA).\u00a0 \u201cAs a member-owned agricultural … <\/p>\n
Continue reading “UFA Co-operative Announces $14.2 Million Patronage Dividend”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-456377","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nUFA Co-operative Announces $14.2 Million Patronage Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ufa-co-operative-announces-14-2-million-patronage-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UFA Co-operative Announces $14.2 Million Patronage Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Members to receive patronage dividends when they are needed most Calgary, AB, March 11, 2021 (GLOBE NEWSWIRE) — United Farmers of Alberta Co-operative Ltd. (\u201cUFA\u201d) approved a patronage dividend of $14.2 million to its membership at its virtual Annual General Meeting on Thursday, March 11, 2021. The patronage payment is for 2020 purchases in the following categories: Ag Gas (1.3%), Ag Diesel (6.6%), Canola and Corn Seed (1.6%), and the following lubricants: 18.9L pails of Spirax S4 TXM, Rotella T4 15W40 and Rotella T6 15W40 (5%).\u00a0 In addition to the patronage dividend, the Alberta-based co-operative is proud to report $1.2 billion in financial revenues and $64 million in earnings before interest, taxes, depreciation and amortization (EBITDA).\u00a0 \u201cAs a member-owned agricultural … Continue reading "UFA Co-operative Announces $14.2 Million Patronage Dividend"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ufa-co-operative-announces-14-2-million-patronage-dividend\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-11T21:12:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4ODgyMCM0MDYwNjc4IzIwODgwOTc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ufa-co-operative-announces-14-2-million-patronage-dividend\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ufa-co-operative-announces-14-2-million-patronage-dividend\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"UFA Co-operative Announces $14.2 Million Patronage Dividend\",\"datePublished\":\"2021-03-11T21:12:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ufa-co-operative-announces-14-2-million-patronage-dividend\\\/\"},\"wordCount\":504,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ufa-co-operative-announces-14-2-million-patronage-dividend\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4ODgyMCM0MDYwNjc4IzIwODgwOTc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ufa-co-operative-announces-14-2-million-patronage-dividend\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ufa-co-operative-announces-14-2-million-patronage-dividend\\\/\",\"name\":\"UFA Co-operative Announces $14.2 Million Patronage Dividend - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ufa-co-operative-announces-14-2-million-patronage-dividend\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ufa-co-operative-announces-14-2-million-patronage-dividend\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4ODgyMCM0MDYwNjc4IzIwODgwOTc=\",\"datePublished\":\"2021-03-11T21:12:10+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ufa-co-operative-announces-14-2-million-patronage-dividend\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ufa-co-operative-announces-14-2-million-patronage-dividend\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ufa-co-operative-announces-14-2-million-patronage-dividend\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4ODgyMCM0MDYwNjc4IzIwODgwOTc=\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4ODgyMCM0MDYwNjc4IzIwODgwOTc=\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ufa-co-operative-announces-14-2-million-patronage-dividend\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UFA Co-operative Announces $14.2 Million Patronage Dividend\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"UFA Co-operative Announces $14.2 Million Patronage Dividend - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/ufa-co-operative-announces-14-2-million-patronage-dividend\/","og_locale":"en_US","og_type":"article","og_title":"UFA Co-operative Announces $14.2 Million Patronage Dividend - Market Newsdesk","og_description":"Members to receive patronage dividends when they are needed most Calgary, AB, March 11, 2021 (GLOBE NEWSWIRE) — United Farmers of Alberta Co-operative Ltd. (\u201cUFA\u201d) approved a patronage dividend of $14.2 million to its membership at its virtual Annual General Meeting on Thursday, March 11, 2021. The patronage payment is for 2020 purchases in the following categories: Ag Gas (1.3%), Ag Diesel (6.6%), Canola and Corn Seed (1.6%), and the following lubricants: 18.9L pails of Spirax S4 TXM, Rotella T4 15W40 and Rotella T6 15W40 (5%).\u00a0 In addition to the patronage dividend, the Alberta-based co-operative is proud to report $1.2 billion in financial revenues and $64 million in earnings before interest, taxes, depreciation and amortization (EBITDA).\u00a0 \u201cAs a member-owned agricultural … Continue reading \"UFA Co-operative Announces $14.2 Million Patronage Dividend\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ufa-co-operative-announces-14-2-million-patronage-dividend\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-11T21:12:10+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4ODgyMCM0MDYwNjc4IzIwODgwOTc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ufa-co-operative-announces-14-2-million-patronage-dividend\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ufa-co-operative-announces-14-2-million-patronage-dividend\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"UFA Co-operative Announces $14.2 Million Patronage Dividend","datePublished":"2021-03-11T21:12:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ufa-co-operative-announces-14-2-million-patronage-dividend\/"},"wordCount":504,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ufa-co-operative-announces-14-2-million-patronage-dividend\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4ODgyMCM0MDYwNjc4IzIwODgwOTc=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ufa-co-operative-announces-14-2-million-patronage-dividend\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/ufa-co-operative-announces-14-2-million-patronage-dividend\/","name":"UFA Co-operative Announces $14.2 Million Patronage Dividend - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ufa-co-operative-announces-14-2-million-patronage-dividend\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ufa-co-operative-announces-14-2-million-patronage-dividend\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4ODgyMCM0MDYwNjc4IzIwODgwOTc=","datePublished":"2021-03-11T21:12:10+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ufa-co-operative-announces-14-2-million-patronage-dividend\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/ufa-co-operative-announces-14-2-million-patronage-dividend\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ufa-co-operative-announces-14-2-million-patronage-dividend\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4ODgyMCM0MDYwNjc4IzIwODgwOTc=","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4ODgyMCM0MDYwNjc4IzIwODgwOTc="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ufa-co-operative-announces-14-2-million-patronage-dividend\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"UFA Co-operative Announces $14.2 Million Patronage Dividend"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/456377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=456377"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/456377\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=456377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=456377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=456377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}