Published: August 31st, 2011 09:22 PM
Last Modified: August 31st, 2011 09:22 PM
FAIRBANKS -- Officials with Doyon Limited say the Native corporation is paying out a 2011 dividend of $3.88 per share.
That means $388 for a typical shareholder when the payout is distributed Dec. 6.
The Fairbanks-based corporation has paid shareholders a dividend each year since 1987.
The Fairbanks Daily News-Miner said the dividend is based on a five-year average of net income.
Doyon has 18,300 shareholders. The corporation was established under the 1971 Alaska Native Claims Settlement Act.
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