Calista Announces Record Dividend

The Calista Corporation announced a record dividend Tuesday, totaling just over $5 million. The dividend amount is $3.80  per share, which works out to about $380 for the average shareholder with 100 shares.

The Alaska Native Regional Corporation has issued dividends eleven times over the past eight years for a total of $31.3 million paid out. The company has about 12,900 shareholders, of which about 60 percent live in the YK Delta. Checks are expected to be mailed out by April 15th.

Ben Matheson is a contributor with the Alaska Public Radio Network.

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