OC pays out biggest dividends ever

Monday, January 29 2007

Unalaska, AK – The Ounalashka Corporation announced today that it's paying out the largest quarterly dividend ever to its shareholders following the board of directors' assessment of fiscal year 2006 earnings earlier this month.

The Unalaska-based Native corporation is paying out $20 a share, bringing its dividend total for 2006 to $45 a share.

CEO Wendy Svarny-Hawthorne said the good year the corporation had in 2006 was the result of good performances by both financial and real estate investments.

"We have an investment policy that's been building quite nicely," she said. "Our revenues from our operations in Unalaska are doing quite well--we have good tenants here."

The corporation's previous per-share quarterly dividend record was set a year ago, when Ounalashka paid out $13 a share.



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