Goldbelt’s 2021 Distribution to Shareholders Announced

The Goldbelt Tináa Distributions Trust trustees, comprised of the Goldbelt Board of Directors, met on November 5 to unanimously approve a dividend of $7.00 per share for fall 2021. This dividend results from the growth and success of Goldbelt businesses throughout the 2021 fiscal year and anticipated progress into 2022. The dividend has a record date of November 12 and a distribution date of November 19. The total 2021 dividend will amount to $4.4 million. The total amount includes the $2.2 million special summer dividend and the fall, regular dividend of $2.2 million. This is an increase over 2020’s $6.00 per share regular dividend totaling $1.8 million.

The 2021 dividend will be the fourth distribution made through the Tináa Distributions Trust since its passage in 2019. The total 2021 dividend marks the highest distribution in the past twenty years, a significant milestone indicating the continued success of Goldbelt businesses in Alaska and the federal business marketplace.

The 2021 dividend will be distributed to the beneficiaries of the Tináa Distributions Trust: Goldbelt shareholders of Alaska Native descent.