DIVIDEND DEADLINES
Consistent with CIRI's dividend policy, the CIRI Board of Directors declared a third quarter 2010 dividend amount of $8.53 per share.
If you own 100 shares of stock, your third quarter dividend will be $853. All third quarter dividends will be mailed on Thursday, Sept. 30. If you participate in direct deposit, your dividend will be electronically transmitted to your account by the end of the business day Alaska Standard Time on Thursday, Sept. 30.
Resource Revenue Distributions
At-large shareholders will receive a resource revenue payment in the amount of $12.2713 per share, or $1,227.13 if you own 100 shares. Resource revenue checks will be mailed on Friday, April 2, 2010. If you participate in direct deposit, your payment will be electronically transmitted to your designated account by the end of that same business day.
TAX REMINDER
As a reminder, these payments are taxable income to shareholders. CIRI is unable to withhold taxes from dividends. Shareholders who anticipate owing tax on their dividends may make quarterly estimated tax payments directly to the Internal Revenue Service themselves. Consult a tax advisor to learn more about making quarterly estimated tax payments or contact the IRS directly. CIRI cannot provide tax advice.
DIRECT DEPOSIT DEADLINES
The deadline for signing up for direct deposit or changing an existing direct deposit instruction for the quarter is 3 p.m. on Wednesday, Sept. 1. If you wish to cancel direct deposit, you must submit your request in writing, with your signature, no later than 3 p.m. on Wednesday, Sept. 1.
ADDRESS CHANGES
Dividend checks are mailed to the address CIRI has on record and cannot be picked up at the CIRI office. The deadline for changing your address for the second quarter is 3 p.m. on Wednesday, Sept. 22.
Shareholders should note that a new automated system implemented by the U.S. Postal Service makes it mandatory for shareholder addresses on record with the CIRI Shareholder Relations Department to match the address that is on file with the Postal Service. If not, your CIRI mail and dividend checks may not reach you.
If your address has changed, send a signed Address Change Form to CIRI. Include a current telephone number so CIRI may contact you if questions come up. If you fail to notify CIRI of your new address before the deadline, and your check is sent to your old address, CIRI cannot reissue that check to you unless it is either returned to Shareholder Relations or a minimum of 90 days has elapsed.
Change of address forms can be mailed to CIRI at P.O. Box 93330, Anchorage, AK 99509, or faxed to (907) 263-5186. All faxed requests should be followed up with a call to confirm it was received. Online forms and information on changing your address or submitting a mail-forwarding request with the U.S. Postal Service are available on the Postal Service web site, and are also available at your local post office. You may also call the Postal Service toll-free at 1-800-ASK-USPS.
Address Changes
Address Change Form (PDF)
