The amount of this year’s Permanent Fund Dividend will be announced on Sept. 18.
Acting Revenue Commissioner Angela Rodell will reveal the much-anticipated total at an event in Anchorage.
Last year’s dividend was $878, the lowest since 2005. The historical low came in 1984, when individual checks totaled $331.
The checks are distributed in early October.
To qualify for a PFD, a person must have lived in the state for the entire calendar year before applying for a dividend, with the intent to remain indefinitely.
The dividend calculation is based on a five-year average of the Permanent Fund’s investment returns.
Last year, 610,633 dividends were paid to qualified Alaskans.
The Alaska Permanent Fund was created in the state constitution in 1976 as a savings for at least 25 percent of the state’s oil revenue. The Fund is invested in public and private assets around the world.
- When traveling into the wilderness, the Alaska Rescue Coordination Center recommends travelers take a personal locator with them.
- The subsistence harvest is scheduled to open April 2 and run through August 31. The fall hunt is set to begin in September.
- The Bethel City Manager decided to change the accident policy to give city truck drivers who are found to be negligent tickets and drug tests.
- Two months after Pearl Harbor, President Franklin Delano Roosevelt signed the executive order that paved the way for Japanese-American internment. Decades later, those dark days resonate.