Sealaska Announces $29.7 Million Spring Distribution to Shareholders

Aak’w Kwáan (Juneau, Alaska) — The Sealaska Board of Directors met this Friday and approved the amount for Sealaska’s upcoming distribution. A spring 2026 distribution totaling $29.7 million will be issued to shareholders on Thursday, April 16.

The upcoming distribution includes dividends totaling $3 million from Sealaska’s ocean-health business platform, $3.6 million from the Marjorie V. Young (MVY) Shareholder Permanent Fund and an additional $23.1 million in Alaska Native Claims Settlement Act Section 7(j) natural resource revenue sharing funds for shareholders with class B or C shares.

“Our work is guided by the understanding that everything is connected,” said Chairman Richard Rinehart. “By aligning strong business results with stewardship of our homelands and meaningful investment in our people, we ensure that the value we create today continues to support our shareholders and our culture well into the future.”

In line with Sealaska’s mission “to strengthen our people, culture and homelands,” this spring distribution joins other continued investments in shareholder communities and the Southeast region, including more than $118 million over the last decade spent on social & cultural programs, contributions from our endowment funds supporting our elders and young scholars and in taxes paid on behalf of our shareholders.

“We measure our progress not only through financial results,” said President Sarah Dybdahl (Aanshawatk’i), “but through the ways we strengthen our communities, support language revitalization, invest in education and ensure our future generations are empowered, have new opportunities and remain grounded in who we are.”