SHAREHOLDER DIVIDEND SCHEDULE FISCAL YEAR 2014 - April 1, 2013 to March 31, 2014:
July 2013* $6 per share per shareholder
November 2013* $500 Elder Dividend to each voting shareholder Elder 60+ and older by March 31, 2013
* All dividends and Elder dividends are taxable
* TAC cannot hold any dividends for pick-up.
Please file for Direct Deposit for assurance that your dividend will be in your bank.
What about the 7(j) payments?
The Aleut Corporation Board of Directors do not declare 7(j) distributions, therefore it is not on the dividend calendar. Aleut Corporation dividends and Elder dividends are declared by the board of directors and the 7(j) distribution amounts are based on revenues from the sales of natural resources from Alaska Native regional corporations. 7(j) payments are distributed to at-large shareholders and to village corporations.
7(j) payments are required to be paid no later than the end of June.