NENAHNEZAD, N.M. – Navajo Nation President Buu Nygren joined leaders of Navajo Transitional Energy Company (NTEC), Board members, Navajo Nation Council delegates, and employees to accept a historic $5.5 million dividend check for the company’s 2025 performance year.
The dividend marks a significant increase from the $3.15 million dividend distributed in September 2025, representing a 74.6 percent increase and setting a new record for the largest dividend ever received from a Navajo Nation-owned enterprise.
President Nygren praised NTEC employees, leadership, and the Board of Directors for their continued success and commitment to creating opportunities for the Navajo people.
“In order to gain economic sovereignty and be truly self-sufficient, we have to invest in ourselves, invest in our companies, and create opportunities on our own,” President Nygren said. “NTEC is proving that Navajo-owned enterprises can create jobs, generate revenue, and deliver lasting benefits for our Nation.”
NTEC contributes more than $128 million annually to the Navajo economy through taxes, royalties, wages, and charitable giving. With this year’s dividend, the company’s total annual economic impact on the Navajo Nation is expected to exceed $136 million.
As the third-largest coal producer in the United States, NTEC continues to play a vital role in supporting jobs, economic growth, and energy development across the Navajo Nation. President Nygren reaffirmed his commitment to preserving jobs for Navajo Nation employees and supporting efforts that strengthen tribal sovereignty, create economic prosperity, and provide lasting benefits for future generations.
The dividend reflects NTEC’s strong operational performance and demonstrates the value of Navajo ownership, leadership, and investment in tribally owned enterprises.
