Most Alaskans will receive $1,884 for this year’s share of the state’s oil wealth. The amount of the Alaska Permanent Fund Dividend was announced this morning (Wednesday). The payout set for Oct. 2 is more than double the amount of last year’s $900 checks, but short of the record payout of $2,069 in 2008.
The amount of each person’s check is based on a five-year rolling average of worldwide markets, which included the recession years that were more widely felt outside Alaska. Last year’s average included 2009, a recession year that dropped off from the 2014 equation.
Oct. 2nd PFD at Near-Record $1,884