Calista Corporation’s board of directors Wednesday approved its second shareholder dividend of the year.
According to a Calista press release, the $2.2 million dollar Akilista dividend is a 10 percent jump from last year, and totals out to be $1.67 per share.
The Calista Corporation serves around 13,000 shareholders, with the average shareholder owning 100 shares.
The fall dividend comes from the corporation’s Akilista [aw-KEE-lis-tuh] investment portfolio, which made its first distribution to shareholders in 2014.
Dividends will be distributed on November 21st.
So far this year, the corporation has given out $7.8 million dollars in dividends.
About 62 percent of Calista Corporation shareholders live in the Yukon-Kuskokwim Delta region.
Josh is the Statewide Morning News Reporter/Producer for Alaska Public Media | jedge (at) alaskapublic (dot) org | 907.550.8455 | About Josh