As part of our commitment to providing for the economic well-being of our shareholders, Ahtna distributes an annual shareholder dividend. Since inception, Ahtna has distributed over $24 million in shareholder dividends.
2019 Shareholder Dividend
Amount: $15.08 per share
Date of distribution: Thursday, November 21, 2019 (via direct deposit); Friday, December 6, 2019 (via mailed check)
2019 Elder Dividend
Amount: $1,000 per eligible elder (for original shareholders 62 and older)
Date of distribution: Thursday, November 21, 2019 (via direct deposit); Friday, December 6, 2019 (via mailed check)
2019 A2 7(j) Distributions
Date of distribution: Wednesday, May 22, 2019 *This distribution is for qualifying shareholders only
REMINDER: You will not receive a 1099 or be required to report the shareholder or Elder distributions to the IRS as in years past unless you received a 7(j) distribution (at-large checks). The 2019 Ahtna shareholder dividend and Elder distribution are non-taxable. Qualifying Class A2 (at-large) shareholders who receive 7(j) distributions of $600.00 or more will receive a 1099 and must report that amount to the IRS.
Dividends FAQ
Class A1 shares were issued to original shareholders of Ahtna, Incorporated in 1971 who also enrolled to a village.
Class A2 settlement common stock was issued to original enrollees of Ahtna, Incorporated in 1971 who did not enroll to a village. Since the Class A2 shareholder is not enrolled to a village, they receive the 7(j) money directly.
All other classes do not receive this distribution.
The amount of 7(i) distributions varies depending upon the natural resource net profit of the regional corporations. Ahtna receives money from other regional corporations throughout the year.
To make address changes, call 1 (866) 475-0420 or (907) 822-3476 or fax your address change to (907) 822-3495 or email to shservices@ahtna.net.
Your check will be mailed to the address we have on file, and if it is lost in the mail, we will have to wait for the check to return to the office.
No, all checks will be mailed.
No, checks will either be direct deposited or mailed.
Ahtna has a policy of 90 days to have your check re-issued. If your check was lost, you have to wait 90 days before it can be reissued. If your check was stolen, you will need to file a police report.
Yes, if Ahtna receives an order to withhold we will honor those requests.
Yes, the 7(i) distribution is taxable income.