About 25% of Calista Corporation Shareholders have signed up for direct deposit. That means more than 3,000 fewer pieces of paper are printed, and over 3,000 fewer envelopes are used, and over 3,000 fewer pieces of mail need postage. That saves a lot of trees. And reduces expenses for Calista.
Direct deposit for the 2016 Akilista dividend is expected to occur on Friday, November 18.
Paper checks will start mailing on Monday, November 21, as originally scheduled.
Read the announcement for the 2016 Akilista dividend here.
This Akilista dividend totals $2.2 million, a 10 percent increase from the previous year, or $1.67 per share. Calista has declared six dividends...
Employees at Yulista Holding, LLC (YHL) wanted to support Calista Shareholders and Descendants beyond the revenue they generate. For the third year, employees coordinated with Calista's Board of Directors and Yukon-Kuskokwim Region school districts to donate school supplies.
In early August the campaign visited and donated over 700 backpacks (1 per student) and 8 boxes for teachers to Russian Mission, Marshall, Nunapitchuk and Ayapruk Elitnaurvik.
Last year Josh Herren, YHL President, said: "Calista's primary strategic goal is to increase services and benefits to our Shareholders and Descendants. As managers we must work hard to provide profits. As moms and dads, it is important to support youth in the Calista Region."
3,100 pounds of school supplies
8 boxes for teachers
Shipping and freight services donated by SBA Global Logistics, Lynden, STG Incorporated and Ryan Air, Inc.