Ukpeagvik Inupiat Corporation (UIC) is the Alaska Native village corporation for Utqiagvik on the North Slope. It provides oilfield services, construction and government contracting, along with shareholder programs for Inupiat descendants of Barrow.
uicalaska.com ↗Utqiagvik, AK 99723, USA
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UIC approves a second 2026 payment for its shareholders
Ukpeaġvik Iñupiat Corporation will make a second payment this year to beneficiaries of the UIC Shareholder Trust. The Utqiaġvik village corporation's board approved the special trust distribution, UIC announced Thursday.
UIC is the village corporation for Utqiaġvik, formerly Barrow. It was formed in 1973 under the Alaska Native Claims Settlement Act, the 1971 law that gave Alaska Natives 44 million acres and $944 million in exchange for their land claims. UIC says it serves more than 4,200 Iñupiat shareholders and their descendants, and it pays them through the UIC Shareholder Trust. It is separate from Arctic Slope Regional Corp., the regional Native corporation for the North Slope.
UIC did not say publicly how much it will pay or when. Shareholders can find the amount and payment date on the UIC Shareholder Portal or by calling Shareholder Services at (907) 852-7444. UIC asked shareholders to update their mailing addresses and direct deposit information on the portal.
Until last year, UIC posted the amounts in its public announcements. It paid $30 a share in 2022. In 2023 it paid $50 a share to mark its 50th anniversary, which it called the largest distribution in its history. In 2024 it paid $44.71 a share in two payments. In 2025 it announced a regular payment of $27.24 a share. Since that fall's special payment, it has shared the amounts only through the portal.
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