2024 Dividends
On behalf of the Aleut Board of Directors, we are excited to announce an $8.00 dividend for 2024!
This dividend reflects Aleut’s strong performance last year and is a testament to the exceptional work and dedication of our subsidiaries, underlining their dedication to our mission and shareholders. For faster and easier dividend payments, be sure to sign up for direct deposit or update your existing direct deposit information by June 16th.
Escheatment of Shares
The Board of Directors approved the escheatment (cancellation) of 300 Class B shares and 100 Class A shares. If you have any questions regarding the escheatment process, please reach out to us at info@aleutcorp.com.
The Aleut Corporation’s total shares:
236,100 Class A shares
88,400 Class B shares
Total Shares 324,500
Aleut Shareholder Marketplace
This year Aleut partnered with McKinley Alaska Growth Capital (MAGC) to bring you the Aleut Shareholder Marketplace! The Aleut Marketplace is a fun and interactive business plan competition that offers resources and networking opportunities to support businesses from idea to execution for shareholders and registered descendants. Currently, the Aleut Marketplace is only open to shareholders and registered descendants living in Alaska, however, we hope to expand this incredible program beyond Alaska in the future.
The Business Concept application window concluded in May. We will be announcing the selected semi-finalists soon! Those individuals will be invited to a three-day training – or business “boot camp” – in Anchorage, structured with a series of training sessions and interactive breakout sessions, one-on-one mentorship, networking, and other training opportunities related to building or expanding a business.
After Boot Camp, semi-finalists will have roughly 3 months to submit their final business plans and financial projections. From the submitted business plans, a panel of judges will select one winner to be awarded up to $25,000 in startup capital from Aleut.
