Anchorage, Alaska – Nov. 12, 2010 – NANA Regional Corporation, Inc. distributed a $14 per share dividend today, Nov. 12, 2010, to shareholders of record as of Nov. 1, 2010. The total dividend distribution to NANA’s more than 12,000 Iñupiaq shareholders will be approximately $20 million.
“We know that these dividends make a difference in the lives of our people,” said Donald G. Sheldon, NANA board chairman. “The cost of living in our region is high and the cost of heating fuel continues to climb. We hope that these distributions help ease some of the financial burdens that our shareholders feel in this current economic climate.”
In 2009, NANA declared $17.2 million in dividends distributed to more than 12,000 shareholders.
In addition to dividends, NANA contributes millions of dollars each year to scholarships, medical, burial and disaster assistance, village economic development, language preservation and other important social and cultural programs for shareholders.
NANA Regional Corporation, Inc. (NANA) is one of the 13 Alaska Native corporations created pursuant to the Alaska Native Claims Settlement Act (ANCSA). NANA’s mission is to provide economic opportunities for its more than 12,000 Iñupiat shareholders and to protect and enhance NANA lands. Join the hunt at www.nana.com/regional.