AOGA

Permanent Fund Dividend

The Alaska Permanent Fund and the Permanent Fund Dividend paid to Alaskans are unique to the state. The fund and dividend were created with revenues from the oil and gas industry and continued industry contributions to the State’s treasury, in combination with a successful investment strategy, make the dividend possible.

The Alaska Permanent Fund Corporation manages the Alaska Permanent Fund while the Permanent Fund Dividend Division of the Alaska Department of Revenue manages the Permanent Fund Dividend program. In 2007, 595,237 Alaska residents each received a dividend of $1,654 for a total disbursement of $984 million. A record dividend amount is expected for 2008.