The Aleut Corporation Board of Directors is pleased to announce the Dividend and Elders Benefit amounts for 2022.
Class A and B shares:
- This year’s Dividend will be $6 per share to be paid on July 7, 2022.
Elders Benefit:
- The Elders Benefit will be $1,000 to all voting and/or original shareholders who are 60 years or older by March 31, 2022.
- The Elders Benefit will be paid out October 5, 2022.
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7j Distributions – Class B shares:
- Amount per share will be $12.86 per share to be paid May 4, 2022.
*7(j) distributions are not dividends and are not declared by the Board of Directors. Resource revenue payments for shareholders who own village-class shares (Class A shares) are mailed directly to their village corporations, as required by the Alaska Native Claims Settlement Act, or ANCSA. Resource revenue payments are made in accordance with Section 7 (j) of ANCSA, which directs the sharing of resource revenues among the twelve regional corporations within the state of Alaska.