The Alaska Department of Revenue is sending out checks from the Permanent Fund Dividend to another batch of eligible residents who have yet to receive their dividend checks on Thursday.
The eligible residents who will receive their payment from the program on Thursday include Alaskans who had the “Eligible-Not Paid” status as of Feb. 7 and have not gotten their PFD checks from 2023 or earlier.
To be eligible for the PFD program, an Alaskan must intend to remain a resident of the state indefinitely and may not be a convicted felon, among other requirements.
Alaska’s Permanent Fund Dividend sends out payments every year based on the state’s annual mineral revenues for that year. The 2023 PFD check is worth $1,312. The 2023 payment from the program began going out last October.
“The 2023 PFD marks the 42nd year Alaskans have received their share of the state’s natural resource wealth,” Alaska Department of Revenue Commissioner Adam Crum said in a statement about the 2023 payment. “I would like to thank our Permanent Fund Dividend Division for their tireless work year-round in administering the program and processing the applications.”
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“This year, we processed over 8,000 more applications than in 2022,” Crum said last year. “The 2023 PFD will inject nearly $1 billion into the state’s economy and directly into the hands of Alaskans.”
Eligible Alaskans can apply for the 2024 Permanent Fund Dividend through March 30 by filling out forms online or on paper. Additional information about the program, including eligibility requirements and where to apply, is available on the Permanent Fund Dividend website.