Doyon, Limited is proud to announce that the 2021 7(i)/7(j) May distribution amount is $9.71 per share. The distribution will take place on Wednesday, May 5, 2021. This distribution will be made to Class B shareholders. Doyon will also be issuing the 7(i)/7(j) distribution to village corporations in the Doyon region.
Sections 7(i) and 7(j) of the Alaska Native Claims Settlement Act (ANCSA) are unique revenue-sharing mechanisms to ensure that Alaska Natives across all regions benefit from resource development on ANCSA lands. The amount of the 7(i)/7(j) distributions varies depending upon the net profit subject to sharing under ANCSA from other Alaska Native regional corporations who have developed their natural resources.