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Today 9929 Harvard and Radcliffe members will start to collect their Coop dividends totaling $106,000, it was announced by G. E. Cole, Coop manager. These dividends are declared on the basis of eight per cent on charge purchases and ten per cent on cash purchases.
Cole estimated that the largest dividend which will be paid to a Harvard alumnus was in the vicinity of $180 and he attributed its size to the possible purchase of a fur coat or an electric ice box. Twenty-three dividends are under ten cents and more than 100 are over $33.00. The smallest dividend cannot be less than three cents because 25 cents is the minimum purchase that dividends may be computed on.
All members must present their last year's membership cards in order to receive their dividend.
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