Latest News

Pedro Bay Corporation shareholders will receive a dividend distribution of $4.12 per share in November. The Board of Directors will approve the dividend amount at its October meeting.

If you need to update your mailing address or banking information, find the Change of Address form on our website.

In February, the Board approved a new investment policy through a partnership with Alaska Permanent Capital Management. As part of a five-year strategic plan, the annual payment per share dividend will increase shareholder dividends. The portfolio will have a distribution formula of 3.5 percent of the rolling 5-year-end average of the portfolio, and will be paid annually. The plan calls for annual increases in the dividend through fiscal year 2019.

More than $230,000 in dividends has been distributed to the corporation’s 177 shareholders since 2009. The new plan calls for an estimated $270,000 in shareholder dividends over the next five years.