Coop members donate dividends

Cooperative group members are collectively donating £1.2m of their interim dividend to charity. The 4.9m members of the scheme have earned £16.9m from spending in Coop businesses, but half of all those receiving cash payments have opted to donate. The money will be distributed between community groups.

Members usually receive one point for every £1 spent with the group. Each point is worth 1p in the interim dividend, and paid either in vouchers or into a bank account.