Shareholder Benefits

The ultimate goal of Sitnasuak is to provide value and benefits to our Shareholders.  The ability to provide Shareholder benefits are based upon the profitability and achievements of our businesses.  The Corporation recognizes the important commitment to provide benefits while ensuring financial stability.

Sitnasuak Native Corporation provides both direct and indirect economic benefits with Shareholders.  These economic benefits include dividends, charitable contributions, scholarships, bereavement benefits, and discounts with our family of businesses.

In 2017, Sitnasuak is proud to have paid over $2 million in economic benefits to Shareholders and Descendants.  

2017 Economic Benefits

Amount 

Regular Shareholder Dividend ($6.20/share)

$     1,273,480

Special Elders Dividend ($500/Elder)

266,500

Charitable Contributions

116,812

Scholarships

132,500

Bereavement Benefits

47,000

Shareholder Heating Fuel Discounts

191,943

Shareholder Rent Discounts

11,625

Total

$     2,039,860

 

 

Dividend History

Year

Regular Dividend

Per Share

Special Elder Dividend

Per Elder

1979

                   -  

 

1980

              0.25

 

1981

              2.90

 

1982

              1.00

 

1983

              0.50

 

1984

              0.55

 

1985

              0.55

 

1986

                   -  

 

1987

              1.00

 

1988

              1.50

 

1989

              1.50

 

1990

              1.50

 

1991

 $           1.40

 

1992

 $           1.50

 

1993

 $           1.50

 

1994

 $           0.68

 

1995

 $           0.81

 

1996

 $           0.93

 

1997

 $           0.81

 

1998

 $           0.84

 

1999

 $           0.50

 

2000

 $               -  

 

2001

 $               -  

 

2002

 $               -  

 

2003

 $               -  

 

2004

 $               -  

 

2005

 $           1.00

 

2006

 $           1.97

 

2007

 $           2.25

 

2008

 $           1.75

 

2009

 $           3.32

 

2010

 $           5.56

 

2011

 $           6.82

 

2012

 $           7.16

 $            500

2013

 $           6.16

 $            500

2014

 $           6.16

 $            500

2015

 $           6.20

 $            500

2016

 $           6.00

 $            500

2017

 $           6.20

  $            500