This is a story about Natives Americans. Many of them have set up corporations to manage, invest, and distribute citizen dividends to their members. Their members are citizens of their nation.
This is the summary of citizen dividends distributed by Kavilco. Over 34 years, the original shareholders have received $422,828 citizen dividend.
They will continue to receive more citizen dividend every year. The total over a lifetime will be much more than half a million dollars.
In comparison, the famous Alaska Permanent Fund Dividend has a lot of catching up to do. Over more than 30 years, the Alaska Dividend totals less than $50,000.
Kavilco
34 Years of Dividend Distributions
1980 to 2014
This is the summary of citizen dividends distributed by Kavilco. Over 34 years, the original shareholders have received $422,828 citizen dividend.
They will continue to receive more citizen dividend every year. The total over a lifetime will be much more than half a million dollars.
In comparison, the famous Alaska Permanent Fund Dividend has a lot of catching up to do. Over more than 30 years, the Alaska Dividend totals less than $50,000.
Kavilco
"Kavilco Incorporated is a southeast Alaska Native village corporation created under the Alaska Native Claims Settlement Act (ANCSA) in 1973 with 120 original shareholders."
1980 to 2014
TOTAL DISTRIBUTIONS $ 50,739,378
PER 120 ORIGINAL SHAREHOLDERS $422,828
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