Southern States Stock Records

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General Stock Certificate Information

Who can own Southern States common stock?

What is the difference between Southern States common stock and a Managed Cooperative common stock?

Managed Cooperatives are stores that are affiliated with Southern States but owned locally by their respective stockholders and have an independent Board of Directors. Individual Managed Cooperatives offer several different types of stock and it is necessary to contact your local cooperative for further details. You may be a stockholder in both Southern States and a Managed Cooperative.

How do I become a member?

Contact your local Southern States location to complete a membership application. Or, you may click on the link to print an application. You may fill it out and submit it to your local store.

Southern States Cooperative and its affiliated Managed Cooperatives are cooperatives. Therefore, the common stock is not publicly traded on the open stock markets. (E.g., New York Stock or American Stock Exchange). All common stock has a fixed par value per share (or face value) which does not change. Southern States Cooperative dividend checks are not issued for less than $10.00. Therefore, dividends will accumulate in the patron’s account until the $10.00 threshold is met.

Stocks Currently Offered

6% Non-Cumulative Common Capital Stock ($1.00 par value) Membership stock issued by Southern States Cooperative and affiliated Managed Cooperatives. It has a fixed 6% annual dividend paid April 30th for Managed Cooperatives and June 30th for Southern States Cooperative of each year providing the respective Board of Directors elects to do so. This is voting stock and may be held by producers of agricultural products for market only.

6% Cumulative Preferred Capital Stock ($1.00 par value) Membership stock issued by affiliated Managed Cooperatives only. It has a fixed 6% annual dividend paid April 30th of each year providing the individual Cooperative’s Board of Directors elects to do so. This is voting stock and may be held by producers of agricultural products for market only. Each member is entitled to only one vote regardless of the number of shares owned.

Historical Outstanding Stocks no longer being issued

6% Cumulative Preferred Capital Stock ($100.00 par value) Investment stock issued by Southern States Cooperative only. It has a fixed 6% annual dividend paid June 30 (3%) and January 1 (3%) of each year provided the Board of Directors elects to do so. This is a non-voting stock and may be held by anyone.

6% Cumulative Preferred Capital Stock ($10.00 par value) Investment stock issued by affiliated Managed Cooperatives only. It has a fixed 6% annual dividend paid April 30th of each year providing the Cooperative’s Board of Directors elects to do so. This is a non-voting stock and may be held by anyone.