Anchorage, Alaska – On November 19, 2016, in accordance with the Earnings Distribution Policy, the Ahtna, Inc. Board of Directors formally declared a shareholder dividend for 2016 of $5.75, or $575 per 100 shares. This is an increase of $1.32 per share from last year’s dividend and the highest dividend per share declared over the last ten years. The dividend will be distributed to all shareholder-owners of record as of November 19, 2016.
In addition, a dividend of $400 per eligible Elder as of November 19, 2016 was declared. Since 2009, Ahtna, Inc. has issued an Elder dividend to shareholders age 62 and older. This year’s Elder dividend was increased $100 per eligible Elder.
Both dividends are expected to be mailed December 12th or deposited December 9th for those signed up for direct deposit. The entire amount of the 2016 dividends are taxable.
The official Media Release can be viewed here: 2016 Ahtna Shareholder and Elder Dividend-Media Release