Calista announces larger annual dividends

by Angela Denning-Barnes on March 4, 2013

The Calista Corporation, the for-profit regional corporation for the Yukon-Kuskokwim Delta, has announced its annual shareholder dividends. They will be $3.25 per share. That means the average Calista shareholder, who has 100 shares, will receive $325.

Calista has 12,600 shareholders. The total dividend pot is $4,320,000. That’s up over $300,000 from last year.

Thom Leonard, a Calista spokesperson, said the corporation has seen consistent growth in recent years.

“Since 2008, we’ve had a dividend every year,” Leonard said. “In 2008, it was $1.99 million, so it has more than doubled since then.”

Leonard says that dividend checks will be mailed out to shareholders by April 15 at the latest.

The board of directors voted on the dividend at its February 22 meeting.

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