Shareholder 1099-Div Reminder

This is a reminder that only Huna Totem Corporate Dividends are taxable; the Shareholder Settlement Trust distributions are non-taxable. Because there was not a corporate dividend in December of 2017, shareholders will not receive a 1099. If you have any questions, please contact Shareholder Relations at 907-789-8500 or shareholders@hunatotem.com.

 

Job Opportunities at Spruce Root Community Development!

Spruce Root is a 501(c)(3) nonprofit Community Development Financial Institution (CDFI) that was founded in February 2012, with $500,000 of seed money from Sealaska through Haa Aaní Economic Development. Today the fund has grown to $3.5 million, which is possible thanks to grant, benefactor and partner funds.

Spruce Root is partnered in growing the economic strength of Southeast Alaska by providing:

  • Technical resources, mentoring and business coaching
  • Business planning courses, entrepreneurial and small business training, and one-on-one business assistance
  • Small business lending in Southeast Alaska
  • Education and access to other funding sources and collaborative partnerships throughout the region.

Spruce Root Community Development is recruiting for the following positions:

To apply for this either position, please submit cover letter and resume to grow@spruceroot.org. For questions or more information please call Edward Davis at 206.681.9454. Deadline to Apply: February 18, 2018


February 2018 SST Distribution Announced $12.59/unit

The Huna Totem Shareholder Settlement Trust Board of Trustees met on February 6, 2018, and in accordance with the Trust’s distribution policy, declared the third and final 2017 dividend distribution amount of $1,102,884 to unitholders, or $12.59 per unit, with a record date of February 6, 2018. Combined with the first and second distribution of the year, this provides a total distribution to unitholders of $17.09 for 2017, $10.67 more than was paid in 2016.

“Our fiduciary obligation as stewards of the Shareholder Settlement Trust is to maintain a long-term investment strategy, ensuring our unitholders and descendants will prosper from future earnings of the Trust. We are excited to see that this investment strategy continues to pay meaningful dividends to unitholders,” said Trust Chair, Ed Davis.

“The purpose of the Shareholders Settlement Trust, as established by the Board of Directors in 1995, is to provide an additional source of cash for unitholders in perpetuity,” said Huna Totem President & CEO, Russell Dick. “Our continued goal is to create stable and growing dividends through improvement of Trust policies that provide growth in assets for future generations.”

Checks will be mailed and direct deposit accounts will be credited on Thursday, February 15, 2018. Shareholders not currently benefiting from our direct deposit services are encouraged to register on the Huna Totem Corporation’s shareholder portal www.myhunatotem.com or contact Katelyn Savland, Shareholder Relations Manager, at the Huna Totem Corporate office before February 12, 2018 to enroll.


November SST Distribution declared $3.39/unit

 

The Huna Totem Shareholder Settlement Trust Board of Trustees met on November 7, 2017 and in accordance with the Trust’s distribution policy, declared the second 2017 dividend distribution amount of $296,964 to shareholders or $3.39/unit, with a record date of November 7, 2017. Combined with the first and second distribution of the year, this provides a total distribution to shareholders of $4.50 for 2017. The purpose of the Shareholders Settlement Trust, as established by the Board of Directors in 1995, is to provide an additional source of cash for shareholders in perpetuity.
Checks will be mailed and direct deposit accounts credited Wednesday, November 15, 2017.
 
Shareholders not currently signed up for direct deposit may 1) find the form on Huna Totem Corporation’s website www.hunatotem.com, 2)contact Shareholder Relations at the Huna Totem office to enroll, or 3) register on the shareholder portal www.myhunatotem.com to enroll for direct deposit electronically.

 

Offices are closed Monday, March 26, 2018

Huna Totem Corporation offices will be closed Monday, March 26, 2018 in observance of Seward's Day.

We will reopen on Tuesday, March 27, 2018.

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

Welcome Angela and Valarie to the HHF Board of Trustees