COLUMBUS (WCMH) – The BWC board of directors will meet in the next few days to vote on whether to approve a $5-billion dividend, requested by Governor Mike DeWine.
Ohio Governor Mike DeWine says if approved, the check will be distributed through the mail this upcoming December. The checks will range from thousands of dollars to millions.
“Our economy is coming back, but many of our businesses—businessmen and women continue to struggle,” said Governor DeWine.
Earlier this year, BWC has already approved dividend packages meant to help Ohioans and stimulate the economy.
In late April BWC approved a $1.54 billion dollar dividend for employers covered by the agency. Then in October, the agency issued another dividend for 1.34 billion dollars which are still being issued.
“Bottomline this is about keeping our businesses open. This is about keeping people employed in Ohio,” said Governor DeWine.
According the governor, the city of Columbus will be receiving the largest dividend totaling $64 million.
This newly proposed dividend will be BWC’s third dividend check, pushing the total amount of dividend checks approved to $8 billion.