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Newbie Q - What's a group dividend?

Bobo Ogopogo
Registered User
Join date: 19 Sep 2005
Posts: 5
11-05-2005 16:21
Hey all, I belong to a group and I periodically see a dividend in my transactions. I've searched a bit, and I haven't come across a nice succinct explanation of that they are. Any insight would be appreciated.
Hiro Queso
503less
Join date: 23 Feb 2005
Posts: 2,753
11-05-2005 16:27
Hi Bobo :)

Any traffic on land deeded to your group will result in dwell payments to your group. These are paid into your group daily, and then split between the members the following day.
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Bobo Ogopogo
Registered User
Join date: 19 Sep 2005
Posts: 5
11-05-2005 20:21
Thanks Hiro. I figured it was some sort of income split out to the group. I just couldn't figure out the source. Makes sense.