Aleut Corp. Announces FY2011 Shareholdeer Dividend and an Elder Dividend Declared
March 18, 2010, Anchorage - The Aleut Corporation is pleased to announce that the board of directors declared a regular dividend in the amount of $15 per share to be paid in three equal payments in July 1010, November 2010, and March 2011. The board of directors also declared a $1,000 elder dividend to be paid in July and November 2010.
This represents the first time in its history that the corporation has announced three regular dividends. The $15/share of regular dividend declared represents a 36% increase over last year’s regular dividends of $11 per share.
Corporate CEO Troy Johnson, an original shareholder, said: “Our strategy of growth and diversification are succeeding. I am very proud that our results can directly benefit our shareholders and elders during these tough economic times.” The Aleut Corporation is an Alaska regional corporation with approximately 3,600 shareholders.