Shareholder Dividend to be Distributed December 4
Doyon, Limited shareholders will receive their annual Doyon dividend on December 4, 2018, by direct deposit or through the mail. The board of directors approved a dividend amount of $6.65 per share or $665 per 100 shares at the quarterly board meeting on August 25, 2018.
Alaska residents make up 75 percent of shareholders receiving the dividend, which equals approximately $9.8 million flowing into the state’s economy.
The 2018 dividend marks the 32nd consecutive year that Doyon will issue a dividend to its shareholders and is the 33rd year of profitability in the company’s history. This is also a significant distribution year since there are now over 20,000 Doyon shareholders.
“Doyon is proud to issue its 32nd consecutive dividend to our shareholders,” said Aaron Schutt, Doyon president and CEO. “The distribution amount is an increase over last year’s dividend, which is a testament to the hard work and dedication of Doyon’s employees.”
Shareholders are strongly encouraged to sign up for direct deposit to save time in receiving dividends. The direct deposit application is available on the Doyon website. The deadline to sign up for direct deposit of the 2018 dividend is Tuesday, November 6, 2018, at 5 p.m. AKST.
November 6 – Direct deposit deadline, 5 p.m. AKST
November 19 – Address change and Class C enrollment deadline, 5 p.m. AKST
December 4 – Dividends direct deposited or mailed
For more information, or to apply for direct deposit, make an address change or enroll a new Class C shareholder, visit the dividends page on the Doyon website, or contact the records department at email@example.com, 459-2040 (in Fairbanks) or 1-888-478-4755 (toll-free).