November 15, 2016
Quyana Cakneq to all Direct Deposit Shareholders!
About 25% of Calista Corporation Shareholders have signed up for direct deposit. That means more than 3,000 fewer pieces of paper are printed, and over 3,000 fewer envelopes are used, and over 3,000 fewer pieces of mail need postage. That saves a lot of trees. And reduces expenses for Calista.
Direct deposit for the 2016 Akilista dividend is expected to occur on Friday, November 18.
Paper checks will start mailing on Monday, November 21, as originally scheduled.
Read the announcement for the 2016 Akilista dividend here.
This Akilista dividend totals $2.2 million, a 10 percent increase from the previous year, or $1.67 per share. Calista has declared six dividends since 2014, for a total of 14 dividends since inception. Combined with the April 2016 Shareholder dividend, total distributions this year are $7.8 million. The total distribution of all Calista Shareholder dividends is $41 million, with 52 percent of that total declared in the last three years.
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Images: Calista Corporation Dividends and Elders’ Benefit Distributions
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The second largest of the original 13 Alaska Native Corporations, Calista Corporation was established under the Alaska Native Claims Settlement Act of 1971 and represents approximately 13,000 Shareholders. The Calista region encompasses more than 6.5 million acres and includes 56 villages, which are incorporated into 46 individual village corporations. Since 1994, Calista has provided more than $4 Million in scholarships and since inception more than $45.4 Million in dividends and Elders’ Benefit Program distributions to its Shareholders and Descendants. Calista Corporation is the parent company of more than 35 subsidiaries in the following industries: military defense contracting, construction, real estate, environmental and natural resource development, and information technology. Calista can be found onFacebook and Twitter.