Fall 2021 Distribution Builds on COVID Relief, Other Benefits
Friday, October 29, 2021

Sealaska shareholders’ 2021 dividend distribution will add to numerous other shareholder benefits and supports, including the $4.2 million in CARES Act funding Sealaska is distributing to eligible shareholders, in partnership with the Central Council of the Tlingit & Haida Indian Tribes of Alaska. 

On Friday, Oct. 29, Sealaska’s Board of Directors approved the company’s 2021 fall distribution totaling $16.0 million to be issued on Friday, Nov. 12, 2021.  For the full year 2021 the total of the spring and fall distribution is $37.3 million, which includes $19.4 million in dividends from the MVY Permanent Fund and Sealaska’s business operations, and $17.9 million from 7(i) natural resource revenue sharing distributions. 

The distribution reflects the continued success of Sealaska’s business operations, which were refocused several years ago to revolve around ocean health and better align with our Tlingit, Haida and Tsimshian values. Sealaska’s deep connection to Southeast Alaska and to indigenous wisdom informs its choices as a business to foster balance and well-being. 

“Investing in healthy oceans, low-impact foods and clean water reflects who we are,” said Joe Nelson, Sealaska board chair. “The Board offers its deep gratitude for the hard work of so many who are delivering business results that enable us to support our people and culture in a variety of important ways.” 

Sealaska President and CEO Anthony Mallott said the company’s growing scientific expertise, curiosity, and respect aim to improve benefits and resources for our shareholders and communities. 

“Sealaska’s strong financial results spring from the hard work and dedication of 2,000 people who choose to work here because Sealaska’s vision, values and priorities inspire them,” Mallott said. “Those financial results fund growth in dividends and programs that reflect shareholder priorities.” 

Other investments Sealaska is making on behalf of shareholders in 2021 include funding for language revitalization, $1.14 million in scholarships, and economic and workforce development through internal efforts, Spruce Root and Sustainable Southeast Partnership (SSP). 

In addition to payments of $7.5 million from operations, the 2021 fall distribution includes $2.6 million from the Marjorie V. Young (MVY) Shareholder Permanent Fund. The distribution also includes an ANSCA Section 7(i) payment of $4.3 million to Urban and At-Large shareholders. The 7(i) portion is lower than in past years due to effects of the COVID-19 pandemic and other factors.  

Given overwhelming approval of a resolution by shareholders in June, this fall’s distribution will be the first from the new Sealaska Settlement Trust. The trust, which is similar to those established by dozens of other Alaska Native regional and village corporations, will free Sealaska shareholders from paying federal income tax on their distributions that come from earnings on Sealaska operations and investments. More information is available online. 

The following chart shows the history of dividend payments from operations and the MVY permanent fund by fiscal year. 

Friday, Oct. 29 is the last day to make changes to your stock, gift stock, or update your address or banking information, please visit MySealaska.com. You can also contact the Sealaska Shareholder Relations team directly at records@sealaska.com or 1.800.848.5921.  

All Sealaska shareholders will receive a fall distribution that includes: 

  • $1.00 per share payment from Marjorie V. Young Shareholder Permanent Fund
  • $2.92 per share payment from Sealaska operations

Urban and At-Large shareholders will also receive ANSCA Section 7(j) payment of $3.78 per share. 

Distribution Schedule for Shareholders: 

  • OCTOBER 29, 2021 | Record Date is the last day to make changes to stock, gift stock, enroll, process estates or transfer shares. View your pending payment when logged into MySealaska.com 
  • NOVEMBER 8, 2021 | Last day to change shareholder banking or mailing information. Update information on MySealaska.com by 11:59 p.m. AKST or in person at Sealaska headquarters by 4 p.m. AKST. 
  • NOVEMBER 12, 2021 | Distribution occurs 

 View answers to fall distribution questions here.  

News Search


20 results found

Sealaska’s Fall 2024 Distribution is Right Around the Corner

Posted 10/29/2024
Posted 10/29/2024
The Sealaska Board of Directors will meet on Friday, November 8, 2024, to approve the amount for Sealaska’s upcoming distribution. Please review the following key dates and complete necessary actions to ensure a seamless distribution. DISTRIBUTION AMOUNT DETERMINED — Friday, November 8, 2024 On November 8, the Board of Directors will meet to determine the distribution amount. Source

Sealaska Announces Spring Distribution of $19.2 Million

Posted 4/12/2024
Posted 4/12/2024
As part of Sealaska’s continued investment in our communities and region, a spring 2024 distribution totaling $19.2 million will be issued to shareholders on Thursday, April 18. Sealaska’s board of directors approved the distribution at a meeting held in Juneau on Friday, April 12. The upcoming distribution includes dividends totaling $4.5 million from Sealaska’s ocean-health business… Source

Sealaska Spring 2024 Distribution Date Announced

Posted 3/19/2024
Posted 3/19/2024
The Sealaska Board of Directors will meet on Friday, April 12, 2024, to approve the amount for Sealaska’s 2024 spring distribution. The distribution will take place on Thursday, April 18. Shareholders can prepare for a seamless distribution by completing any enrollment or stock transfer paperwork, including gifting or inheritance, by Friday, April 12 at 4 p.m. The last day to make changes to… Source

Sealaska Announces Fall 2023 Distribution

Posted 11/2/2023
Posted 11/2/2023
As part of our commitment to the shareholders and communities who make us who we are, Sealaska will issue a fall distribution totaling $13.6 million, to be issued to shareholders on Thursday, Nov. 9. Sealaska’s board of directors approved the distribution at a board meeting held in Juneau on Thursday, Nov. 2. After the fall distribution is made, a total of $17.2 million (approximately $5.85… Source

Sealaska Announces Spring 2023 Distribution

Posted 4/14/2023
Posted 4/14/2023
Sealaska’s spring distribution of $37.7 million is part of Sealaska’s continued investment in our shareholders and communities. The distribution includes dividends totaling $6.8 million from Sealaska’s ocean-health focused operations businesses, $2.9 million from the Marjorie V. Young (MVY) Shareholder Permanent Fund and an additional $28.0 million in Alaska Native Claims Settlement Act Section… Source

Spring 2023 Distribution Date Announced

Posted 3/22/2023
Posted 3/22/2023
The Sealaska Board of Directors will meet on Friday, April 14 to approve the amount for Sealaska’s 2023 spring distribution. The distribution will take place on Friday, April 21. Shareholders are encouraged to complete and/or update any enrollment or stock transfer paperwork by the official record date of 4 p.m. Alaska time on Monday, April 17. “Sealaska is committed to providing stable… Source

Sealaska Announces Fall 2022 Distribution

Posted 10/28/2022
Posted 10/28/2022
The Sealaska Board of Directors approved a distribution totaling $15.4 million to be issued to shareholders on Nov. 9. This includes $2.8 million in earnings from the Marjorie V. Young (MVY) Shareholder Permanent Fund, $7.6 in operations income and $5.1 million in Alaska Native Claims Settlement Act Section 7(j) natural resource revenue sharing funds. Through a balanced… Source

Q&A: Enrollment for Class D (Descendant) Stock

Posted 6/25/2022
Posted 6/25/2022
Q: What did the blood quantum resolution do? A: When it was approved by shareholders, the resolution on this year’s proxy eliminated the requirement for applicants for Class D (Descendant) stock to prove they have at least one-quarter Alaska Native blood quantum. Q: Who is eligible for Class D stock? A: Lineal descendants of original shareholders who were born after Dec. 18… Source

Sealaska Announces Spring 2022 Distribution

Posted 4/8/2022
Posted 4/8/2022
Sealaska’s board of directors approved a $21.3 million distribution to shareholders when it met Friday, April 8. The spring distribution is made up of $7.5 million from Sealaska’s business operations, $2.6 million from the Marjorie V. Young (MVY) Shareholder Permanent Fund and $11.2 million in Alaska Native Claims Settlement Act Section 7(j) natural-resource revenues. The distribution will be… Source

About Sealaska Elder Benefits

Posted 2/9/2022
Posted 2/9/2022
As Sealaska celebrates its first 50 years of history, we can look back with great pride in the knowledge that the early leaders of our company sought to ensure Elders are recognized and cared for through additional shareholder benefits. The Elders’ Settlement Trust was established at the same time, which provides a one-time payment to shareholders when they turn 65. (To qualify… Source

Early 2020 Fall Distribution to Augment Other Shareholder Benefits

Posted 10/14/2020
Posted 10/14/2020
Early 2020 fall distribution to augment other shareholder benefits In recognition of the ongoing economic and health crisis caused by the coronavirus, Sealaska’s Board of Directors is accelerating payment of the 2020 shareholder dividend. Issuing dividends two weeks earlier than usual underscores Sealaska’s commitment to our shareholders during this challenging time. Source

Sealaska Fall Distribution Date Announced

Posted 10/5/2020
Posted 10/5/2020
Sealaska’s fall distribution will occur a few weeks earlier than normal to help provide financial relief to shareholders due to the ongoing pandemic. Shareholders are encouraged to complete and/or update any enrollment or stock transfer paperwork by the official record date for the fall distribution. The record date is 4 p.m. AKDT, Wednesday, October 14, 2020. “We are fortunate to be in a… Source

Sealaska announces changes to shareholder community meetings and annual meeting

Posted 3/23/2020
Posted 3/23/2020
After careful consideration of the guidelines from health authorities in the wake of the novel coronavirus (COVID-19) outbreak, we have made the decision to offer the May 2020 shareholder community meetings via webcast. Cancelling the in-person community meetings was a difficult but necessary decision as we continue to assess the risks of the pandemic. The safety and well-being of our employees… Source

Sealaska Announces Spring 2020 Shareholder Distribution and changes to 2020 Community and Annual Meeting Schedules

Posted 3/20/2020
Posted 3/20/2020
Sealaska’s board of directors approved a distribution totaling $23.71 million to be issued on Tuesday, March 31, 2020. The distribution includes payments from operations ($5.9 million) and the Marjorie V. Young (MVY) Shareholder Permanent Fund ($2.4 million). The board also made the decision to hold community meetings online in May 2020. This decision is based on guidance from health… Source

Sealaska Board of Directors Calls Special Meeting to Announce Early Spring Distribution

Posted 3/18/2020
Posted 3/18/2020
The Sealaska board of directors will meet on Friday, March 20, 2020, to decide on this year’s spring distribution. The board was originally scheduled to meet on April 3, but directors are calling this special meeting in order to address the economic crisis facing our communities as a result of the coronavirus (COVID-19). “We listened to shareholders who expressed concerns about the impact the… Source

Sealaska’s response to COVID-19: We’re in this together

Posted 3/18/2020
Posted 3/18/2020
We are living in extraordinary times and the world is collectively responding to the impacts associated with the novel coronavirus (COVID-19). Like many of you, we are learning by the hour about the impacts of this pandemic. The situation is evolving rapidly and we want to share some of the steps we’re taking as a company to respond. We also want to highlight how important simple actions can be by… Source

Sealaska Closing Juneau Offices to the Public

Posted 3/13/2020
Posted 3/13/2020
Sealaska offices in Juneau, Alaska will be closed to the public beginning Monday, March 16, 2020. On Thursday, March 12, 2020, Alaska Governor Mike Dunleavy announced the first case of COVID-19 in the state. In a statement published Thursday March 12, Alaska Governor Dunleavy said the patient is a foreign national who developed a fever and respiratory symptoms shortly after arriving in Anchorage… Source

Sealaska Deishú Memorial Fund Applications Now Available

Posted 6/26/2018
Posted 6/26/2018
View video here. Applications are now available for Sealaska’s bereavement benefit, known as the Deishú Memorial Fund. The fund was established by Sealaska’s board in spring of 2018 as a way to provide support for its shareholders after the loss of a loved one. This program is a result of Sealaska’s growing financial strength and ongoing feedback from shareholders in support of… Source

Sealaska Offers New Shareholder Bereavement Benefit

Posted 5/7/2018
Posted 5/7/2018
The bereavement program is a new benefit that can finally be added by Sealaska as a result of the company’s success and steady growth over the last five years. Sealaska’s board of directors announced its approval today of a shareholder bereavement benefit to provide support for its shareholders after the loss of a loved one. This program is a result of Sealaska’s growing financial strength… Source