Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


New Shareholder Benefits Programme Launched

‘Silver Fern Farms Launches New Shareholder Benefits Programme’

Dunedin Tuesday 19 September 2017: Silver Fern Farms Co-operative’s new shareholder benefits programme has a suite of incentives designed to reward shareholders and encourage the supply of quality livestock to Silver Fern Farms Limited says Chairman Rob Hewett.

“The shareholder benefits programme covers how the Co-operative intends to distribute future dividends to all shareholders plus additional benefits to shareholders who also supply”, he says.

“We believe there is significant long-term value to be gained for all shareholders by encouraging the supply of quality livestock to Silver Fern Farms Limited and for suppliers to be shareholders.

“A strong Silver Fern Farms with a stable and loyal livestock supply base is better able to grow value with customers in global markets. This generation of value is of benefit to our Co-operative as a sustainably profitable Silver Fern Farms returns dividends for our Co-operative to distribute to our shareholders.”

The Co-operative intends, subject to annual Board approval, to make two annual distributions; a dividend distribution across all ordinary and rebate shares, and a patronage reward distribution, which will pay an amount to qualifying livestock supplying shareholders.

“We believe the regular distribution of a dividend to Co-operative shareholders combined with a patronage reward to supplying shareholders will encourage further loyal supply over time and will generate demand for shares from non-shareholder suppliers and under-shared suppliers.”

In addition to distributions, shareholder suppliers will receive other shareholder supply benefits.

“In conjunction with Silver Fern Farms Limited, we have already started to introduce preference on processing space, preferential access to value added programmes, governance development and invitations to events like our farmer conference and international market trip. These initiatives have been well received.”

Rob Hewett stated, “Our primary focus is to maximise the value of our 50% ownership of Silver Fern Farms Limited.”

The Co-operative has also launched a new website

“Information specific to our Co-operative is now on We are the first New Zealand food co-operative to take up the internationally recognised .coop domain name, which we’re proud of.

“The site is home to our information including our constitution, Shareholder rewards programme, Annual Reports, our governance development programmes and investor information.”

Silver Fern Farms Limited (the operating company) will continue to have its own website.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>


Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>


RBNZ: Super Fund Chief To Be New Reserve Bank Governor

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. More>>


ScoopPro: Helping PR Professionals Get More Out Of Scoop has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>