Tirlán Co-operative Society has paid a total of €2.3 million to its members through a combination of share interest (dividends) and additional payments from its member distribution reserve.

More than 10,000 co-op members have received the payments into their bank accounts this week, representing a total return of 8.4c per co-op share.

On average, a Tirlán milk supplier shareholder will receive €244 from the combined payments.

This includes:

€1.4 million paid as an annual share interest (dividend) of 5c per share, which was approved by members at the Tirlán AGM on May 6, 2026;
A further €0.9 million, equivalent to around 3.4c per share, paid from the co-op’s member distribution reserve for shares held in 2025.

The member distribution reserve, established with member approval in December 2021, is used at the board’s discretion to support milk and grain prices.

At the 2021 special general meeting, it was also agreed that an additional 10% of payments from that reserve would be made to all co-op members.

The mechanism used involves issuing loan stock to members, which is immediately redeemed, meaning Members receive the payment directly in cash.

Any co-op member with queries about their payment are advised to contact the Tirlán Co-op shares office.