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.

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