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co-op dividend

I hold 3 dividend numbers for the co-op are they worth hanging onto or should i bin them

Comments

  • LittleVoice
    LittleVoice Posts: 8,974 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Are you thinking of the Co-op demutualising?

    Numbers on their own probably don't gain you anything but do you actually have any funds with them?

    Do you actually buy anything in the Co-op?
  • geordie_joe
    geordie_joe Posts: 9,112 Forumite
    1,000 Posts Combo Breaker
    1arolf wrote: »
    I hold 3 dividend numbers for the co-op are they worth hanging onto or should i bin them

    I don't know but you have to decide which is worse.

    Hanging onto them then finding they are worthless or binning them and later finding they were worth something.

    I would keep them until I was certain they were worthless.

    My mother dies in the early 80's, but I still know her divi number. I was borne in the late 50's when it was safe, and normal to send small children to the shop for your shopping, and had that number drummed into so many times I couldn't forget it if I wanted to!
  • 1arolf
    1arolf Posts: 5 Forumite
    Many thanks. I hold 3 share books all different nos. dont have a co-op where i live any more. just wondered if they were worth holding on to.
  • allenx
    allenx Posts: 81 Forumite
    Hold onto them lol, i got a voucher for a free 4 pack of carling beer yesterday lol x
  • Biggles
    Biggles Posts: 8,209 Forumite
    1,000 Posts Combo Breaker
    I wrote to the membership office with my Mum's number (I have PoA now that she's in a care home) and they paid her £13 divi that was in the account.

    So don't chuck the books away, write to the Co-op first:-
    Co-operative Membership
    The Co-operative Group
    PO Box 3801
    Coventry
    CV4 8WY
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