Permanent Fund Amount To Be Announced Next Week

Alaskans will find out the size of their Permanent Fund dividends next week.

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Gov. Sean Parnell is set to announce the amount on Sept. 17 in Anchorage.

Dividends are distributed annually to Alaska residents who meet certain requirements, with the amount based on a five-year average of the Alaska Permanent Fund’s investment earnings.

Last year, dividend recipients each received $900.