The Bering Straits Native Corporation (BSNC) Board of Directors has voted to declare a 2022 Elder dividend of $1,500. This Elder dividend will be paid to original BSNC shareholders who are 65 years of age or older on the record date of Nov. 7. This distribution will be paid by Dec. 31 through the BSNC Beringia Settlement Trust and is non-taxable. Since 1972, BSNC has distributed $10.5 million in Elder dividends.
“The BSNC Board and Management are very thankful for the support we have received from our Elder shareholders,” said BSNC President & CEO Gail R. Schubert. “We are pleased to honor our Elders with this dividend.”
Checks will be mailed or direct deposited. Receive your dividend sooner by signing up for direct deposit by visiting the MyBSNC shareholder portal at https://shareholder.bsnc.net/home. Shareholders are requested to sign up for direct deposit by Nov. 7. If you wish to receive a check in the mail, please make sure your address on file is up to date.