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Why does REI mail dividend notices for $0 dividends?

Just wondering how many other people received their dividend notice of $0.00 from REI. Surely REI doesn't have to waste paper and money on sending out such notices.

Come on REI, you can do better than that.....I didn't think junk mail was your thing?

1 Reply

@ajwchile thanks for posting about your concern with receiving a $0 dividend notice. This is somewhat perplexing, as we definitely don't intend to mail $0 dividend notices unless there is either (a) an additional piece of information about voting for our Board of Directors that accompanies the dividend or (b) a dividend balance from the prior year that may coincide with a $0 current year dividend. If neither of those is the case for the notice you received, we do apologize for the piece of junk mail and have passed your feedback along to our membership team to ensure this is an exception and not the rule.

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