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Article: BRISTOL BAY Native Corp.(investments and financial management)(Statistical Data Included)(Company Profile)
- Article from:
- Alaska Business Monthly
- Article date:
- September 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 Alaska Business Publishing Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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This organization's 6,5000 shareholders reap the benefits of the company's sound investments.
Lately, the economic news out of Alaska's Bristol Bay fisheries has been bleak: Some years, the world-renown sockeye salmon runs failed to appear and the years that the fish arrived, the prices offered for the fish were a fraction of what they were in the 1980s.
While its largest natural resource is fluctuating wildly, Bristol Bay Native Corp. is a quiet port in the storm.
Bristol Bay has recorded profits for most of the past 20 years and paid a steady quarterly dividend to its shareholders for the past 18 years.
"We've taken a more ...