The Primary Wool Cooperative, has announced a 10% dividend to its members, double last year's payment of 5%.
Over the past three years, the farmer owned wool company has paid more than $1 million in dividends and rebates to its thousand farmer shareholders.
It's a joint venture partner in Elders Primary Wool, which operates Just Shorn, a carpet brand that has been introduced in almost 500 flooring retailers in the United States and Canada.