Gov. DeWine requests $5B dividend from Bureau of Workers’ Compensation

The governor says the dividend will help businesses stay open, while dealing with the impact of COVID-19.

Gov. DeWine holds a press conference on Wednesday, October 28. (The Ohio Channel)

TOLEDO, Ohio — “The COVID-19 pandemic has disrupted lives, livelihoods of so many Ohioans, hurting our citizens and certainly hurting our businesses, particularly our small businesses.”

Wednesday, Governor DeWine requested a $5 billion dividend from the Bureau of Workers’ Compensation to help businesses stay afloat, while dealing with COVID-19’s strain on their income.

“Issuing these dividends, we believe, is very important. We’ve been told by many that these dividend dollars have, the ones we’ve issued in the past, have been lifelines. Bottom line, this is about keeping our businesses open. This is about keeping people employed in Ohio,” DeWine said.

Lt. Governor Jon Husted says that this dividend is the difference of businesses closing or laying off employees.

According to the state’s, “Private and public employers in Franklin County would receive approximately $559 million, followed by Cuyahoga County at $528 million. The employer in line for the single largest dividend check in the state is the city of Columbus at nearly $64 million.”