Today (Nov. 18th, 2023), the Doyon Settlement Trustees approved the Doyon Settlement Trust distribution amount of $15.47 per unit, or $1,547 per 100 units based on FY23 performance. This non-taxable distribution is scheduled to be paid out to those with direct deposit on Friday, December 1. Checks will be mailed on Friday, December 8, to shareholders who are not enrolled in direct deposit. This distribution will be paid to all shareholders (Class A, B, C, D, and E).
“This distribution celebrates the fifth anniversary of the Doyon Settlement Trust. The distribution goals align directly with our values as Native people as well as our corporate values,” said Aaron M. Schutt, President and Chief Executive Officer. “We are proud of the success from our operating companies to be able to provide our 37th consecutive distribution to our shareholders.”
The goal of the Doyon Settlement Trust is to promote the health, education, and welfare of our Trust beneficiaries – our shareholders – and to preserve the heritage and culture of Alaska Natives. The Trust also makes distributions to provide a Potlatch benefit to eligible shareholders, which honors Alaska Native culture and traditional practices.
Doyon urges shareholders to update records as needed by Monday, November 20, 2023, to receive the distribution on time. To update records, contact the Shareholder Records Department at 907-459-2040, 1-888-478-4755 (toll-free), or [email protected].
Headquartered in Fairbanks, Doyon, Limited has more than 20,500 shareholders and was established under the 1971 Alaska Native Claims Settlement Act. Doyon has subsidiaries in oilfield services, government contracting, and tourism, is also the largest private landowner in Alaska and one of the largest in North America. Its mission is to continually enhance its position as a financially strong Native corporation in order to promote the economic and social well-being of its shareholders and future shareholders, to strengthen its Native way of life, and to protect and enhance its land and resources. For more information, visit www.doyon.com.
