There are two primary ways you can potentially see a return on your investment.
The first is through quarterly dividends. As the Nico Echo Park portfolio generates cash flow shareholders will have the opportunity to either receive or reinvest dividends as they are made by the company. Each quarter, Nico’s management team and board of Directors will review the portfolio's performance and decide whether to pay out a dividend to shareholders. If a quarterly dividend is approved, we'll mail you a dividend check to the address you've provided us, unless you enroll in the Dividend Reinvestment Plan and opt to reinvest those earnings.
The second way to realize gains on your investment is through our quarterly stock redemption plan. This plan allows shareholders to make a request to redeem the value of their shares once a quarter. While not obligated to honor redemption requests, we will make our best effort to fulfill them when they're made. Investors can refer to the Redemption Plan on page 21 of the offering circular.
Nico limits when it redeems investments through the redemption plan to once a quarter in order to provide stability for all shareholders. While we will do our best to honor redemption requests, it’s important that your investment is viewed as a long-term investment. If you expect to need access to your capital soon or on short notice, investing in Nico Echo Park, Benefit Corp. may not be a suitable investment for you.
*You can read more about dividends on page 7 of Nico’s offering circular