BATON ROUGE, La. (AP) — The board of directors of Louisiana Workers’ Compensation Corp. has declared a 2013 dividend of $69.1 million that will be paid to qualifying policyholders in April.

The Advocate reports (http://bit.ly/1qvvCe7 ) more than 16,000 policyholders will receive a portion of this dividend. Individual dividend awards are based on a calculation that takes into account policyholders’ premium and longevity with LWCC over the past five years.