Dividend is $1,281 this year

Posted: Tuesday, September 21, 2010

Gov. Sean Parnell today announced the Permanent Fund dividend for 2010 will be $1,281. The first dividends will be paid on Oct. 7, when more than 530,000 applicants will get a direct deposit into their bank accounts, and when about 85,000 will be mailed a check.

In total, 641,595 eligible Alaskans will receive a 2010 check.

According to the Department of Revenue, 668,000 Alaskans applied for the 2010 dividend, an increase of 1.65 percent over 2009 applications.

This is the first year paper checks will be mailed simultaneously with direct deposits. Actual delivery dates will vary by applicant location.

More than $700 million will be directly deposited into Alaskans' bank accounts, with a total distribution, including checks, of $821,880,510.31.

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