Doyon, Limited Announces 2013 Shareholder Dividend
Fairbanks, Alaska – The Doyon, Limited board of directors approved a shareholder dividend in the amount of $4.23 per share, or $423 per 100 shares, during their quarterly meeting in Fairbanks on August 17, 2013. The dividend will be distributed to shareholders on December 10, 2013.
“Thanks to the thousands of hardworking employees in the Doyon Family of Companies, we are proud to issue a dividend to our shareholders for the 27th year in a row,” said Doyon President and CEO Aaron Schutt. “Growing and realizing profits to benefit the shareholders of Doyon, Limited are the goals the company continues to strive to achieve.”
Doyon has paid shareholders a dividend every year since 1987. The dividend is based on a five-year average of net income.
Headquartered in Fairbanks, Doyon, Limited has more than 18,700 shareholders and was established under the 1971 Alaska Native Claims Settlement Act. Doyon, one of the top 10 Alaskan-owned companies, is also the largest private landowner in Alaska and one of the largest in North America. Its mission is to continually enhance its position as a financially strong Native corporation in order to promote the economic and social well-being of its shareholders and future shareholders, to strengthen its Native way of life, and to protect and enhance its land and resources. For more information, visit www.doyon.com.
Posted: August 21, 2013