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 Benefit |
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 |
