BSNC Announces 2019 Elder Dividend Distribution

The Bering Straits Native Corporation (BSNC) Board of Directors has voted to declare a 2019 special Elder dividend distribution of $1,500, an increase of $500 more than the 2018 special Elder distribution. This special distribution will be paid through the BSNC Beringia Settlement Trust on a tax-free basis to original BSNC shareholders who are 65 years of age or older on Nov. 4, 2019, the date of record. Checks will be mailed on or by Dec. 31, 2019. Since 1972, BSNC has distributed a total of $3.7 million in Elder dividends.

“The BSNC Board and Management are very thankful for the steadfast support from our Elder shareholders,” said BSNC Board Chairman Henry Ivanoff. “We are pleased to honor our Elders with this dividend.”

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