PFD amount announced: $1,100

The State of Alaska has announced the dollar figure for this year’s Permanent Fund Dividend. In a release this afternoon, the Department of Revenue says eligible Alaskans will receive $1,100 each when checks are mailed out starting October 5th.

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About six-hundred and forty thousand Alaskans will get a PFD this year, totaling about $672,000,000 paid out from the Permanent Fund’s earnings.

This year’s dividend level was set in the state Legislature when it passed its budget in June.