780 AM | 96.1 FM 


(907) 443-5221

BSNC Announces Record-High Regular, Elder Dividends

Overlooking the fall-colored tundra atop Anvil Mountain.
Overlooking the fall-colored tundra atop Anvil Mountain.

The Bering Straits Native Corporation (BSNC) Board of Directors has announced its 2017 regular shareholder dividends as well as a one-time 2017 elder dividend. Both are the highest of their type yet.

BSNC will issue $3.75 per share, plus a $750 bonus for original BSNC shareholders who are 65 years of age or older.

According to a press release, the regular shareholder dividend amount has also increased over the past several years: BSNC released $3.25 per share in 2015 and $3.50 per share in 2016.

This year’s elder dividend is also $250 more than the 2016 special elder distribution.

The average BSNC shareholder owning 100 shares of stock will receive $375. The total distribution will be approximately $2.4 million to BSNC’s shareholders of record.

Since 1972, BSNC has distributed a total of around $18 million in regular dividends and a total of $2.1 million in elder dividends.

BSNC Board Chairman Henry Ivanoff said the corporation is happy to be returning “tangible benefits” to its elders and shareholders and that the board and management are thankful for shareholder support.

The dividends will be issued in December, and BSNC’s annual meeting of shareholders is scheduled to take place on Saturday, October 7, in Nome.

Image at top: Overlooking the fall-colored tundra atop Anvil Mountain. Photo: KNOM.

Share this story


Recent Posts

Patrick Landback Wins Gold Dust Dash 5k Race

Waves crashed just feet away as a row of runners lined up on Nome’s East End Beach. Veronica Perez, a Summercise Intern for Norton Sound Health Corporation, announced to the 35 competitors of the Gold Dust Dash that it was time to get ready to race.  “Ladies and gentleman, start

Read More »

MS Westerdam Passengers Recall Icy Approach to Nome

Holland America’s MS Westerdam has arrived in Nome. The cruise ship that holds over 1,900 passengers is anchored just off the coast of Nome, too big to dock in the port. Small tenders that hold about 80 passengers each are ferrying visitors to and from the shore throughout the day.

Read More »

First-Ever KNOM Radio Music Fest Draws a Crowd, Drives Donations

Selma Casagranda serenaded audience members with a few of her original songs. Casagranda is from Seward and one of four finalists from KNOM’s 2023 American Idol search. Audience members joined the King Island dance group for an invitational dance. One of KNOM’s 2023 American Idol search finalists, Martin Paul of

Read More »



Work for Us:




(907) 443-5221 


(907) 868-1200 

Land Acknowledgement

We acknowledge that KNOM Radio Mission is located on the customary lands of Indigenous peoples. 

Based in the Bering Strait region, KNOM broadcasts throughout the homelands of the Iñupiaq, Siberian Yup’ik, Cup’ik and Yup’ik peoples.