PFD announced

by Angela Denning-Barnes on September 18, 2012

$878. That’s the amount of this year’s Alaska Permanent Fund Dividend. All men, women, and children living in the state for the previous calendar year are eligible for the annual payout. This year’s dividend will be distributed October 4.

This year’s payout is significantly less than last year’s dividend of $1,174, which was the smallest dividend since 2006. The dividend amount each year is based on a five year average of the fund’s investment returns. The 2009 drop in the economic market has factored into this year’s lower amount.

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