When a club does a total amount withdrawal or a member leaves, their dvidend (or 'payout') is calculated against their equity. Their equity is is their contribution to the club in terms of percentage.
If a member has contributed $10 in a club what all members combined have contributed $100, the member's equity is 10%.
If there is a club withdrawal or they leave the club, they'll be allocated 10% of the withdrawal amount or club balance (for leaving the club).
- Club balance = $200
- Member's equity = 10%
- Payout amount = $20