Member dividends
Dividends, our way of sharing
What are member dividends?
Member dividends are a reflection of our cooperative difference. They're amounts that come out of caisse and Desjardins Group year-end surplus earnings, paid out to members under certain conditions[ 1 ] note. There are individual member dividends and community dividends.
Who's eligible for member dividends?
If you were a caisse member during the last fiscal year, you're eligible for member dividends.
Member dividends
Personal members
Caisse members are eligible for product and volume dividends.
Business members
Business members are eligible for volume dividends.[ 2 ] note
Community dividends
Community dividends help caisses support local projects through the Community Development Fund.
When are member dividends paid out?
At the annual general meeting (AGM), members of each caisse will vote on how to distribute their surplus earnings from 2023. Your dividend amount will then be calculated based on the outcome of your caisse's vote.
Track the payout of the 2023 member dividends
- AGMs between March 25 and April 25, 2024
-
Member dividends calculated
May 2024
-
Member dividends paid out
June 3 to June 7, 2024
Done
How to view your dividend amount
Once member dividends are deposited, personal members can log in to AccèsD and select My dividend to see personalized information, including the amounts you've received for product and volume dividends.
How do member dividends work?
There are 2 categories of member dividends: product dividends and volume dividends. To see if you qualify for either or both, read on.
Product dividends (personal members)
The maximum amount of the product dividend is $50.[ 3 ] note To qualify, you must have had at least 1 eligible product throughout the last year in each of the following 4 product lines:
Accounts
Loans, lines of credit and credit cards
Savings and investments
Insurance
Product dividends reward your loyalty and commitment.
If you're 30 or under
All you need is 1 eligible product in 3 of the 4 product lines to qualify for the product dividend.[ 4 ] note
Volume dividends
The amount of your volume dividend is based on your business volume in each of the following 4 product lines:
Accounts
Amounts are based on your average balance over the year.[ 5 ] note
Loans, lines of credit and credit cards
For loans and lines of credit, amounts are based on your average balance over the year.[ 5 ] note
For credit cards, amounts are based on net purchases made.[ 6 ] note
Savings and investments
For savings, investments and funds, amounts are based on your average balance over the year.[ 5 ] note
For wealth management investment services, amounts are based on fees and commissions paid.[ 7 ] note
Insurance
Amounts are based on premiums paid.[ 8 ] note
A rate on every $1,000 is added to your volume amount.
Product dividends and certain volume dividend products are usually taxable.
Learn more about how dividends are taxed
Eligible products
The following lists are not complete. In certain cases, conditions may apply. For more information, contact your caisse directly.
Youth dividends
Our youth dividends[ 12 ] note for 5- to 17-year-old members encourage kids to grow their savings.