Arctic Slope Regional Corp. announces spring dividend

Associated PressMarch 16, 2012 

The Arctic Slope Regional Corp. has declared its spring dividend.

The corporation's 11,000 shareholders will receive $10.38 per share. The average shareholder owns 100 shares and will get $1,038. The dividend will be issued April 13.

ASRC President and CEO Rex Rock Sr. said the corporation is pleased to announce a healthy spring dividend despite a challenging business climate. The total distribution will be about $12 million.

The spring dividend brings the total dividend dollars distributed by the corporation to nearly $543 million.

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