Spring 2023 Distribution Date Announced
Wednesday, March 22, 2023

The Sealaska Board of Directors will meet on Friday, April 14 to approve the amount for Sealaska’s 2023 spring distribution. The distribution will take place on Friday, April 21. Shareholders are encouraged to complete and/or update any enrollment or stock transfer paperwork by the official record date of 4 p.m. Alaska time on Monday, April 17.
“Sealaska is committed to providing stable dividend payments to shareholders, regardless of what is happening in the wider economic climate,” said Sealaska President and CEO Anthony Mallott. “Our diverse income structure allows us to continue providing dividends even in years when one income source is impacted. Sealaska’s strategy remains focused on long-term financial stability, thinking not only of today’s shareholders but the next generation as well.”
Sealaska distributions are made up of income from three sources:
- Business Operations
- The Marjorie V. Young Shareholder Permanent Fund
- ANCSA Section 7(i) Resource Revenue Sharing
Only shareholders who hold Class B (urban) and Class C (at-large) shares receive 7(i) Resource Revenue Sharing funds directly from Sealaska. Sealaska sends the 7(j) funds for shareholders of Class A (village) shares directly to village corporations. It is up to those corporations how or if those funds are then distributed. Class D (descendants), E (Elders), and L (left outs) are not eligible for 7(i) payments as the shares they hold are not original shares.
To qualify for a Sealaska distribution, you must have completed the enrollment process by the official record date of 4 p.m. Alaska time on Monday, April 17. Complete descendant enrollment on MySealaska by registering with your email address and completing the application. All share transfers, giftings and other records must also be updated by that date.
IMPORTANT DATES FOR SHAREHOLDERS
DISTRIBUTION AMOUNT DETERMINED — Friday, April 14
- The Board of Directors meets to determine the distribution amount.
- After the distribution amount is determined, estimated distribution information will be available to shareholders when logged in to MySealaska.com. Estimated payments on MySealaska on Friday are subject to change if any share transfers are completed before the record date.
RECORD DATE — Monday, April 17
- Last day to complete enrollment and/or stock transfers prior to the spring distribution. All stock activity must be completed by 4 p.m. Alaska time.
- Update banking or mailing information on MySealaska.com by 11:59 p.m. Alaska time.
- If all shareholder information is up to date, no action is needed.
DISTRIBUTION DATE – Friday, April 21
- Direct deposits are electronically transferred, and checks are mailed.
- Please note that while checks are mailed on April 21, they may take up to two weeks to arrive. The fastest and easiest way to receive your distribution payment is to sign up for direct deposit.
Make Changes via MySealaska.com
If you need to update your address or banking information, please log in to your MySealaska.com account. You can also gift your transferrable shares by filling out a gifting packet, which can be found here.
Questions?
The most effective way to contact Shareholder Relations is through the MySealaska “Message” feature, found under “About Me” and “MySealaska Messages” when logged in to MySealaska.com. The Shareholder Relations team will do their best to respond in a timely manner during normal business hours 8 a.m. – 5 p.m. Alaska time, Monday – Friday. You can also send an email to records@sealaska.com or call 1.800.848.5921.
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We are excited to announce that the results of the 2025 Sealaska election have been certified and are ready to share with all of you.
Congratulations to our 2025 winners. At Sealaska, we are deeply grateful for your participation in this year’s election. Selecting exceptional leaders to help guide our shared future is one of the most meaningful ways for shareholders to engage with us. These winners were randomly selected from the pool of early birds by the Inspectors of Election. All payments will be processed this week and delivered via the payment method on file for distributions in MySealaska.com.
We are continuing our search for a dynamic and visionary leader to serve as Sealaska’s president. It is important that we find the right candidate to fill this position, which is why the Sealaska board of directors is being as exacting as possible as we search for a candidate capable of amplifying the impact of our mission and providing benefits that empower our shareholders. To this end, the Sealaska board of directors recently revised the job description for the position of president and sought the assistance of a professional recruiting firm. Our hope is to announce a successful candidate as our new president this coming summer.
After considering the recently announced U.S. Postal Service delays to First-Class Mail in conjunction with a paper proxy error leading shareholders who wish to vote by mail to potentially wait for their regularly scheduled second proxy mailing, we have made the decision to extend the early bird deadline to June 6. We are listening to shareholders and want to give everyone the best chance to qualify as an early bird. Thank you for understanding and thank you for voting.
Shareholders, an error occurred when printing proxy cards regarding the number of shares you own and votes you have in the top right corner of your proxy card. This error does not affect the validity of your paper proxy, nor does it affect voting on MySealaska.com through the Election Connection portal
Early birds, it’s your time to fly! Congratulations to our 2024 winners.
Sealaska shareholders are invited to join us at our upcoming in-person and virtual community meetings to learn more about Sealaska business operations, upcoming opportunities and connect with fellow shareholders and descendants.
Sealaska shareholders are now able to view and download their IRS Form 1099-DIV for 2023. Printed 1099 tax forms will be mailed on or before Jan. 26.
Film is a mirror: Sealaska shareholder descendant Miciana Hutcherson reflects on Black History Month
Sealaska shareholders are now able to view and download their IRS Form 1099-DIV for 2022. Printed 1099 tax forms will be mailed on or before Jan. 27.
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