AGRITRUST OF GEORGIA DECLARES 35TH DIVIDEND
The AgriTrust of Georgia Trustees have declared another dividend for qualified Fund members. This marks the thirty-fifth dividend distribution where AgriTrust has paid a dividend back to qualified Fund members. This latest dividend is for $1,200,000.00 in total and is payable to qualified Fund members on March 10, 2022. This dividend brings the total dividends paid by AgriTrust since inception to nearly $14,025,000.00.
This latest dividend is the largest one ever declared by the AgriTrust of Georgia Trustees. It was made possible by a very favorable loss ratio performance by the Fund last year. This dividend was declared in late 2021 which means the total dividends paid back to qualified Fund members since January 1, 2021 totals $2.8 million. The amount is equivalent to approximately 17% of last year’s annual premiums in total. This fulfills part of the AgriTrust mission to return monies to Fund members when appropriate. While the goal is to continue to declare dividends on a regular basis, we cannot guarantee future dividends will be this large.
AgriTrust of Georgia appreciates your business, and we look forward to serving you in the future!