WCTA paying out $2M in dividends

Published 8:00 pm Friday, May 17, 2024

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Winnebago Cooperative Telecom Association will disburse nearly 9,000 dividend checks totaling $2 million in late June, according to a press release.

The payments represent the remaining deferred dividends for members who had service with WCTA in 2000. In addition, WCTA will pay out patronage dividends for part of the years of 2001 and 2006.

ā€œWCTA continues to grow because of the support of our members and communities. We are grateful to be able to share our success with our members,ā€ stated WCTA Board President Mark R. Johnson.

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The WCTA board of directors voted earlier this year to approve the payment distribution. Board members include Larry Foley, Curt Helland, Mark R. Johnson, Dale Meinders, Nancy Moklestad, Shanan Redinger and Mike Stensrud.

WCTA is a member-owned cooperative providing a full range of quality, reliable telecommunication services and products.