The Huna Totem Corporation Shareholders Settlement Trust, Board of Trustees met on November 6, 2018, and, in accordance with the Trust’s distribution
policy, declared a distribution in the amount of $451,140, or $5.15 per unit, to unit holders with a record date of November 6, 2018. This
distribution is the second of three potential dividend distributions for calendar year 2018 Trust earnings. The third and final distribution for
calendar year 2018 is scheduled for February 15, 2019 and based on total earnings for calendar year 2018.
The August and November 2018 combined distribution represents $8.01 per unit, a 78% increase over the $4.50 per unit for the same period in 2017; and
a 136% increase over the $3.39 per unit for the same period in 2016.
As required by the Trust review policy, the Board of Trustees have initiated the 10-year review process and will provide further updates in the February
2019 newsletter. This review process will culminate in a vote by the unit holders in November 2019. “How we evaluate the Trust’s performance and
improve upon its structure could provide even greater benefit to today’s owners and future generations. Our continued goal is to create stable
and growing dividends through improvement of Trust policies that provide growth in assets for future generations,” said Huna Totem President &
CEO, Russell Dick.
Checks will be mailed and direct deposit accounts will be credited on Thursday, November 15, 2018. Shareholders not currently benefiting from
our direct deposit services are encouraged to register on Huna Totem Corporation’s shareholder portal www.myhunatotem.com or contact Katelyn Savland, Shareholder Relations Manager, at the Huna Totem Corporate office before November 10, 2018 to enroll.
On Thursday, December 6, 2018, Norwegian Cruise Line Holdings Ltd. announced a long-term partnership with Huna Totem Corporation to develop a second cruise
pier in Icy Strait Point. The second pier is scheduled to be completed for the summer 2020 season. The new pier allows Norwegian to increase its calls
to Icy Strait Point and is designed to accommodate larger Breakaway Plus-class ships to visit our authentic Alaskan experience.
For complete details, including comments from our CEO Russell Dick, click this link to read the entire press release:
The new and improved shareholder portal allows Shareholders to change their direct deposit information and address on one easy screen. Shareholders can
now access their shareholder IDs, how many shares they own, track their Huna Totem payments and check if they have a Testamentary Disposition on file.
This is an important strategic beginning to Huna Totem’s Going Green Initiative. This powerful, secure new shareholder online resources gives Shareholders
greater access to their information and by minimizing paper transaction is better for the environment! You may also access the www.MyHunaTotem.com portal from your smartphone.
Summary of New Features Shareholders have access to:
- Shareholder ID
- Amount of Shares owned
- Verifying if a Testamentary Disposition is on file with HTC
- Instantly updating banking information
- Viewing & Printing Payment History
- Opting in for electronic delivery of information
- Subscribing to news