FOR IMMEDIATE RELEASE
Anchorage, Alaska – On November 7, 2017, in accordance with the Earnings Distribution Policy, the Ahtna, Inc. Board of Directors formally declared a shareholder dividend for 2017 of $4.92, or $492 per 100 shares. The dividend will be distributed to all shareholder-owners of record as of November 7, 2017.
In addition, a dividend of $1,000 per eligible Elder as of November 7, 2017 was declared. Since 2009, Ahtna, Inc. has issued an Elder dividend to shareholders age 62 and older. This year’s Elder dividend was increased by $600 per eligible Elder.
Both dividends are expected to be mailed November 29th or deposited November 21st for those signed up for direct deposit. The entire amount of the 2017 dividends are taxable.