DESCRIPTION

Lincolnshire Co-operative (known as Lincolnshire Co-op) is an independent consumer co-operative in the United Kingdom and is a registered Co-operative and Community Benefit Society. The Society is owned by members who hold Lincolnshire Co-op dividend cards, around 280,000 people. It trades in Lincolnshire and surrounding counties and has over 220 outlets. As a co-operative, it shares all its profits with members. Ways of doing this include paying dividend and a dividend bonus at the end of the year, investing in new and improved services and supporting community groups and charities. In the last full year of trading, 2018/19, Lincolnshire Co-op recorded sales of £347m and achieved a trading surplus of £15.5m. As a result, the Society was able to pay their members a total of £4.1m in dividend and dividend bonus.