Calista Corporation Declares $2 Million Akilista Dividend
Dividends Total $33.3 Million Since Inception
(Anchorage, Alaska) - Calista Corporation's Board of Directors approved today the second dividend for 2015. The Akilista Dividend totals $2 Million, a 23% increase from the previous year. Calista has declared 12 dividends since inception, inclusing two this year and two in 2014. Combined, the 2015 Shareholder dividend distributions total $7 Million. The total distribution of all Calista Shareholder dividends is $33.3 Million, with 40% of that total declared in the last two years.
Calista has one of the largest population of Shareholders among the Alaska Native Corporations, with approximately 13,000 individuals. This Akilista Dividend equates to $1.51 per share, with the average Shareholder owning 100 shares. Checks are expected to be mailed out by the close of business Friday, November 13.
Calista Corporation Board Selects FIrst Chairwoman in Corporate History
Margaret Pohjola Voted to Serve 2015-2016
(Anchorage, Alaska) - Calista Corporation's Board of Directors voted in the first chairwoman in corporate history. Margaret Pohjola, a shareholder with ties to Chuathbaluk, was voted in July 23. Board officers, like the chair, serve one-year terms following a vote by fellow directors. Outgoing Chair Willie Kasayulie had served the maximum of three consecutive annual terms. Directors are voted upon by shareholders and serve three-year terms.