|Fourth Quarter||Direct Deposit Sign-up Deadline:
|Address Change and Cancel Direct Deposit Deadline:
|Dividend||Monday, Nov. 20||Wednesday, Nov. 29||Thursday, Dec. 7|
CIRI Elders’ Settlement Trust
|Monday, Nov. 20||Wednesday, Nov. 29||Friday, Dec. 8|
Fourth Quarter Dividend
Fourth quarter dividends in the amount of $10.10 per share (or $1,010 per 100 shares) will be mailed or directly deposited by 6 p.m. Alaska Standard Time on Thursday, Dec. 7 to all shareholders with a valid address on file with CIRI as of 3 p.m. on Wednesday, Nov. 29.
Elders’ Settlement Trust Payments
Fourth quarter Elders’ Trust payments of $450 will be mailed or directly deposited by 6 p.m. Alaska Standard Time on Friday, Dec. 8 to eligible Elders with a valid mailing address on file as of 3 p.m. on Wednesday, Nov. 29. Original shareholders who are 65 years of age or older and who own at least one share of CIRI stock as of Friday, Dec. 8, are eligible to receive the $450 payments.
The trustees are expected to set the 2018 schedule of Elders’ payments in the near future. Once approved, those dates will be announced in the newsletter and on the CIRI website. It is anticipated that the dates will once again be set for the second Fridays of March, June, September and December.
Direct Deposit/Remote Deposit
CIRI urges shareholders who receive their dividends in check form to consider either implementing direct deposit or taking advantage of remote deposit. Both options are fast, easy, and eliminate the need to drive to the bank and stand in line.
Shareholders who participate in direct deposit and have a current CIRI mailing address are also eligible to participate in quarterly prize drawings. Direct deposit forms are available from Shareholder Relations and at ciri.com. To cancel direct deposit, please submit a signed, written request prior to 3 p.m. on the specified deadline. If you have a Qenek portal account, you can cancel your existing direct deposit instruction online via the portal.
Checks and vouchers are mailed to the address CIRI has on record as of the specified deadline. If your address has changed, be sure to update your address with both CIRI and the U.S. Postal Service. These addresses must match or your CIRI mail may not reach you. When CIRI mail is undeliverable, distributions are held and the shareholder does not qualify to participate in any prize drawings until the address is updated. This is true even if a shareholder has his or her dividends electronically deposited.
If you have a Qenek portal account, you can submit an address change update online via the portal. Alternatively, CIRI address change forms can be downloaded and printed at ciri.com, or you may send a signed, written request that includes a current telephone number. Address change forms and requests can be scanned or photographed and emailed to [email protected], mailed to CIRI at PO Box 93330, Anchorage, AK 99509, or faxed to (907) 263-5186. If faxed, please call Shareholder Relations as soon as possible to confirm receipt. Forms and information on changing your address or submitting a mail-forwarding request with the U.S. Postal Service are available at www.usps.com or your local post office.
Please be aware that if you fail to notify CIRI of a new address before a specified deadline and your check is sent to your old address, CIRI cannot reissue that check to you unless it is either returned to us, or a minimum of 90 days has elapsed. A list of shareholders who do not have a current mailing address on record is continually updated and may be found on the CIRI website.
As a reminder, CIRI does not withhold taxes from distributions; however, shareholders who anticipate owing tax on their distributions have the option of making quarterly estimated tax payments directly to the IRS. To find out more about applicable federal and state tax requirements or making quarterly estimated tax payments, please consult with a tax advisor or contact the IRS directly.