Sealaska’s Fall 2024 Distribution is Right Around the Corner
Tuesday, October 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.
Key Dates for Shareholders
DISTRIBUTION AMOUNT DETERMINED — Friday, November 8, 2024
On November 8, the Board of Directors will meet to determine the distribution amount. Estimated distribution details will be available to shareholders on MySealaska.com and social media after the meeting, though amounts may be adjusted if any share transfers occur before the record date.
RECORD DATE — Friday, November 8, 2024 @ 4 p.m. AK time
Shareholders must complete all enrollment, stock transfers, gifting paperwork and estate transfers by this date.
FINAL DAY TO UPDATE INFORMATION — Friday, November 8, 2024 @ 4 p.m. AK time (in-person) & Sunday, November 10 @ 11:59 p.m. AK time (online)
All shareholder banking and mailing address changes must be updated in-person by 4 p.m. on Friday, November 8 or online via MySealaska.com by 11:59 p.m. AK Time on Sunday, November 10.
DISTRIBUTION DATE – TBA
On the distribution date, direct deposit payments will be available, and checks will be mailed to those not enrolled in direct deposit. Note that while checks will be mailed promptly, they may take up to two weeks to arrive. For faster access, shareholders are encouraged to enroll in direct deposit through MySealaska.com the record date.
Preparing for Your Distribution: Make The Change Checklist
- Direct Deposit Enrollment: For a faster payment, enroll in direct deposit by logging in to MySealaska.com and updating your banking information by 11:59 p.m. AK Time on November 10.
- Address Updates & Bad Address List: If you’ve recently moved, update your mailing address on MySealaska.com to ensure smooth communication and seamless payment of your distribution. Check for your name or family members on the bad address List to ensure no distributions are withheld.
- Stock Transfers & Gifting: Shareholders wishing to transfer or gift shares must complete all paperwork by the official record date. A stock-gifting packet can be requested from Shareholder Relations or downloaded on MySealaska.com.
- Class D Enrollment: Eligible descendants interested in joining Sealaska are encouraged to start enrollment early. Complete the online application process, upload necessary documents, and be sure to submit enrollment by the record date. Learn more about stock classes and eligibility requirements here.
Additional Resources for Shareholders
- MySealaska Account Assistance: Having trouble logging in? Reset your password or contact Shareholder Relations at (800) 848-5921 for further assistance.
- Stock Will Enrollment: Consider updating your stock will to decide how your shares will be managed in the future. Shareholders who complete a stock will by the end of the year will be eligible to win $250. Learn more on MySealaska.com.
- Go Green: Opt for electronic delivery of important notices by selecting “Go Green” under the “About Me” section on MySealaska.com. Receive updates instantly, from annual reports to meeting notices, straight to your inbox.
For further assistance, reach out through the “Message” feature on MySealaska.com under the “About Me” tab, or contact Shareholder Relations at records@sealaska.com. Visit MySealaska.com and connect with us on social media for the latest updates.
About Sealaska distributions:
Sealaska distributions are made up of income from three sources — Business Operations, the Marjorie V. Young Shareholder Permanent Fund and ANCSA Section 7(i) Resource Revenue Sharing.
Only shareholders who hold Class B (urban) and Class C (at-large) shares receive 7(i) Resource Revenue Sharing funds directly from Sealaska. Sealaska sends the 7(j) funds for shareholders of Class A (village) shares directly to village corporations. It is at the discretion of those corporations how or if those funds are then distributed. Class D (descendants), L (left outs), and the additional E (Elders) shares (received by original shareholders upon turning 65) are not eligible for 7(i) payments as these share types are not original shares.
News Search
20 results found
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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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Posted 10/29/2021
Posted 10/29/2021
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…
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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
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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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