2019 Dividend Schedule

The Aleut Corporation Board of Directors are pleased to announce the Dividend and Elders Benefit amounts for 2019.

• Class A and B shares:
  This year’s Dividend will be $8 a share to be paid out July 1, 2019.
• Elders – Voting shareholders 60 years old by March 31, 2019:
  The Elders Benefit will be $1,000 to all voting shareholders who are 60 years or older by March 31, 2019. The Elders Benefit will be paid out October 2, 2019.

7(j) Distributions to Class B Shareholders :

7(j) distribution to at-large shareholders and village corporations is $20.96 per share.  They are scheduled to be mailed and deposited on May 1st.  Please have all address changes and direct deposits in by Wednesday, April 24th.

     *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 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.