Jake Neher, KBRW – Barrow
Arctic Slope Regional Corporation shareholders will receive a spring dividend of $16.53 per share in April.
The average ASRC shareholder owns 100 shares and will receive $1,653 in total. That’s 33-percent higher than the payout last spring. The distribution pushes the total dollar amount paid out in dividends since the company’s incorporation above half-a-billion dollars.
The overall net income to all shareholders is just over $164 million.
The ASRC board typically declares two dividends every year. One in the fall and a second in the spring.
This spring’s dividend will be issued April 13.
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