Elders' Dividend

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In 1997, shareholders voted in favor of providing original shareholders with a one‐time payment of $1,000 upon his/her 65th birthday.

Policy:

  • Goldbelt will pay original shareholders a redeemable elders’ stock for a cash value of $1,000.
  • The elder’s stock will become null and void once redeemed
  • The elder stock check will be mailed on the last day of the month of the shareholders’ birthday.
  •  Elders’ stock is non‐transferrable to beneficiaries.
  •  Non‐original shareholders are not eligible for the elders’ distribution.