For Shareholder Updates visit MyHunaTotem.com

Please visit the Shareholder Portal at www.myhunatotem.com for Shareholder news and updates.

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No 1099's Issued for 2020

All dividends and distributions for 2020 were non-taxable. Huna Totem Corporation and the Shareholder’s Settlement Trust will not be issuing 1099s or any tax forms for 2020.

Shareholders Settlement Trust 2021 Distribution Amounts Announced

The Huna Totem Corporation Shareholders Settlement Trust Board of Trustees met on March 8, 2021, and in accordance with the amended 2019 Trust distribution policy, declared an annual payment of $8.40 per unit payable to unitholders in three equal payments of $2.80 per unit payable in March, August, and November, with the date of record being the first of each month.

This calculation is based on the amended 2019 10-year review, which changed the annual distribution amount of the trust to a multiplier of two percent (2%) of a five (5) – year rolling average of the market value of the trust.

At the end of each fiscal year, upon completion of a formal financial audit, the calculation for the annual SST distribution amounts will be determined and the payment schedule for three annual payments in March, August, and November will be announced. After completion of the 2020 audit, the following calculation was completed to determine 2021 distribution amounts:


It is important to note that over 2019 and 2020, the partial liquidation of $8.76M caused a lower market value for 2019 and 2020. Due to favorable market conditions and the strategic timing and payment of the partial liquidation, the SST market value has been able to moderately recover.

March distribution checks will be mailed and direct deposit accounts will be credited on Wednesday, March 10, 2021. Shareholders not currently benefiting from our direct deposit services are encouraged to register at www.myhunatotem.com or contact Shareholder Relations at 907-789-8500 before the August distribution.

 

Sign up for MyHunaTotem

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

Trust Distribution Schedule

Following the 2019 Shareholders Settlement Trust 10-year review, the Trust annual distribution formula is now based upon a multiplier of two percent of a five-year rolling average of the market value of the Trust. At the end of each fiscal year, upon completion of a formal audit, the distribution amounts will be announced and paid out in three installments to Unitholders.

 
The distribution schedule for the trust is now as follows:
 
Annual Distribution 1 – On or before March 15th
Annual Distribution 2 – On or before August 15th
Annual Distribution 3 – On or before November 15th