Calista Corporation recently announced their spring dividend for 2016 is a record $5.6 million.
Shareholders will receive $4.23 per share, increased 11 percent from last year. People with 100 Calista shares will receive $423. The checks are expected to be mailed by April 15th.
This is the 13th dividend distributed by Calista, all together $38.9 million have been distributed to Calista shareholders.
The spring dividend is based on business operations. The fall dividend is from the Akilista Fund and is meant to be a perpetual source for dividends not dependent on operations.