Calista shareholders to get about $114 per 100 shares by Nov. 13

Calista Corporation's board and the trustees of its Settlement Trust have approved a $4.95 million Akilista distribution, about $114 for a shareholder with 100 shares, to be paid on or by Nov. 13, the Alaska Native corporation announced Oct. 19.

More than 40,100 shareholders of any age will get the payment, which works out to about $1.14 per issued share. Last year's Akilista payment was about $1.06 a share, or $106 per 100 shares, according to Calista's 2025 announcement.

Calista calls this year's total a record and says it is 10% higher than last year's $4.49 million. The per-share payment rose by less than that, about 8 cents, and Calista says it gained about 1,000 shareholders over the past year.

Calista says about $2.5 million of this year's payment will go to Yukon-Kuskokwim Region households, compared with the roughly $2.7 million it cited for the region last year. The announcement doesn't explain the difference.

With the spring distribution paid in April, about $337 per 100 shares, a shareholder with 100 shares will have received about $451 from the spring and Akilista distributions this year.

Shareholders who need to update direct deposit or mailing information must do so by 5 pm Alaska Standard Time on Nov. 2, through MyCalista.com or the fillable forms in Calista's shareholder forms center. Direct deposits arrive the same day as the distribution, though Calista tells shareholders to check with their banks, and mailed checks can take three weeks or longer, especially in rural Alaska, according to Calista's distribution page. Calista's Address Unknown List names about 200 shareholders who can't get checks by mail until they update their information.

The Akilista payment follows a formula based on an investment fund that made its first distribution in 2014. Calista says the fund was created to pay distributions that don't depend on its business operations. Calista says spring and Akilista payments aren't taxable because of the Settlement Trust shareholders approved in 2018. Revenue-sharing payments to Class B (At-Large) shares, known as 7(i) payments, remain taxable.

Last year's Akilista announcement also included the Elders' Benefit Program payment, $400 to each original shareholder 65 or older, which the board and trustees moved up because of storms in Western Alaska. Calista's distribution page says the Elders' payment is generally sent in December. This year's announcement does not mention it.