Calista Corporation approves Akilista dividend, second shareholder dividend of the year

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

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