Calista Announces Record $8.1 Million 2021 Spring Distribution
Calista’s Largest Distribution Welcomes 1,600 New Shareholders
March 2, 2021
(Anchorage, Alaska) – Calista Corporation is pleased to announce its largest distribution at $8.1 million will occur this spring, a 16 percent increase from last year’s spring distribution of $6.97 million. Additionally, the number of Shareholders increased by over 1,600 in the past year to more than 33,700 Shareholders this year. Calista is the largest regional Alaska Native Corporation by number of Shareholders.
The average Shareholder owns 100 shares and will receive an estimated $223. This is the 36th distribution in Calista’s history. Total distributions to Shareholders now exceed $94 million.
The Board’s long-term goals and Calista’s hardworking staff together have achieved many successes, despite challenges due to the COVID-19 pandemic.
Over $4.8 million will go into the Calista Region because a majority of our Shareholders live in southwest Alaska.Calista Corp. Board Chair Robert Beans
The distribution will occur on or before April 14. Checks will be mailed for those without direct deposit. Shareholders in the Yukon-Kuskokwim Region should allow up to three weeks for mailed checks to arrive. Weather and COVID-19 issues can impact this timeframe.
Distributions come from the Calista Corporation Settlement Trust. Shareholders can prepare for the latest distribution by updating addresses via MyCalista.com.
Shareholders with a new bank account or who want to sign up for direct deposit may complete and send a Shareholder Direct Deposit Form.
All updates or changes must be sent in by 5 p.m. on Friday, March 26. Our secure fax is 907-275-2922.
Calista Corporation has over 33,700 Shareholders and is the parent company of more than 30 subsidiaries in the following industries: defense contracting, construction, real estate, environmental services, natural resource development, marine transportation, oilfield services, and heavy equipment sales, service and rentals. Since 1994, Calista has provided more than $5.5 million in scholarships to its Shareholders and Descendants. Since inception, Calista has declared more than $85.9 million in dividends and distributions, and $8.2 million in Elders’ Benefit Program distributions to Shareholders. Calista can be found on Facebook, Twitter and Instagram.