Rosemont, IL (March 24, 2021) — Independent Suppliers Group is pleased to announce once again that ISG will be accelerating the Q4 2020 and year-end rebate distribution by three weeks. This will be the third time since the start of the pandemic that ISG has expedited its rebates.
The distribution is scheduled for March 25. A huge thank you goes out to ISG’s valued supplier partners for making this happen multiple times over a span of one year. A second smaller distribution will take place the week of April 12. ISG is expecting to distribute over $11 million to its members during the Q4 2020 and year-end rebate distributions.
In addition to the Q4 rebates, ISG recently paid out a dividend of $400,000 to its shareholders. ISG strives to bring value to shareholders and is excited to see the efforts come to fruition with this additional distribution payout, especially during a year adversely affected by the pandemic.
Jordan Kudler, chairman of ISG said “The ISG Board members, along with the entire ISG management team and staff, recognize the importance of getting these funds into the hands of the ISG membership as quickly as possible. This is just one more example of why it’s important to support all that ISG has to offer. This early payout and dividend demonstrate one of the many benefits of the merger of Independent Suppliers Group, Pinnacle Affiliates and TriMega Purchasing Association. We are truly stronger together.”
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About Independent Suppliers Group
Founded in 1977, Independent Suppliers Group is a leading global organization providing sales, marketing support and purchasing power for the community-based independent office products dealer. The organization’s members are located throughout the U.S. and in 6 foreign countries. Collectively, Independent Suppliers Group members produce $7 billion in end-user sales.
