Shareholders to Receive Dividend of $6.65 per Share
On December 4, 2018, Doyon, Limited shareholders will be issued a dividend distribution of $6.65 per share or $665 per 100 shares. The Doyon board of directors approved the amount on August 25, 2018, at their quarterly board meeting in Fairbanks.
The total estimated distribution amount is $13.1 million, of which approximately $9.8 million will go to shareholders living in Alaska. The 2018 distribution marks the 32nd consecutive year that Doyon will issue a dividend to its shareholders and the 33rd year of profitability in the company’s history.
“Doyon is proud to issue its 32nd consecutive dividend to our shareholders,” said Aaron M. Schutt, president and CEO of Doyon. “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.”
To save time in receiving dividends, shareholders are strongly encouraged to sign up for direct deposit. The direct deposit application is available on the Doyon website, www.doyon.com. The deadline to sign up for direct deposit is Tuesday, November 6.
6 Direct deposit deadline, 5 p.m. AKST
19 Address change and Class C enrollment deadline, 5 p.m. AKST
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, www.doyon.com, or contact the records department at firstname.lastname@example.org, 459-2040 (in Fairbanks) or 1-888-478-4755 (toll-free)