Doyon announces 2009 Dividend
The Doyon, Limited board of directors voted to approve a shareholder dividend in the amount of $3.68 per share, or $368 per 100 shares.. The dividends will be distributed to shareholders on December 15, 2009. This is the 23rd consecutive year that shareholders will receive a dividend from the corporation.
“Doyon is pleased to be able to provide this financial return to our shareholders, especially in the face of our country’s recent economic downturn. Despite the challenges, Doyon has been able to successfully adapt and continue growing,” said Norman L. Phillips, Jr., Doyon’s President and CEO.
Headquartered in Fairbanks, Doyon, Limited has 17,500 shareholders and was established under the 1971 Alaska Native Claims Settlement Act. The corporation operates more than a dozen for-profit businesses throughout the nation. Doyon, one of the top 10 Alaska-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.
