I received my dividend notice today from REI!
For those of you wondering, What’s an REI?… it is an outdoor recreational equipment store that operates as a co-op. Members of the co-op receive a dividend back on purchases made during the previous year. Normally about 10% of the total.
This year I have about a $60 dividend. The options for redeeming the dividend are: a) cash it or b) use it on purchases in the store.
I typically like Option B the best because it also comes with the incentive of an additional 20% off on any single item.
You can do the simple math to see how much I spent this last year at REI. $60 is 10% of the total. Oh, and then that number excludes sale items. There are no dividends on sale items. Yep. I own a lot of stuff from that store.
But ya know, if the Russians ever attack, I’ll be ready to live in the woods in REI-branded comfort. I realize, of course, that maybe I shouldn’t be listening to music from the mid-80s while I write this post.
“Mr. Reagan says we will protect you / I don’t subscribe to this point of view / Believe me when I say to you / I hope the Russians love their children too” รณ Sting’s “Russians.” Circa 1985.
I’ve been wanting a new tent for awhile.
I wonder how much the additional Russian-proofing will cost?
