UIC Board Declares Dividend of $15.00 Per Share
Barrow, Alaska (April 6, 2020) – Based on the success of Ukpeaġvik Iñupiat Corporation’s (UIC) financial performance and strength in 2019, its Board of Directors recently declared a special dividend of $15.00 per share. With this announcement, the average UIC shareholder who owns 100 shares of stock will receive a taxable dividend of $1,500. The dividend will be distributed in the second or third quarter of 2020 to shareholders of record as of May 8th, 2020.
Based on the dividend Record Date of May 8th, UIC is identifying all of the eligible shareholders.
The dividend will be directly deposited or mailed to shareholders on Friday, June 5, 2020.