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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Permanent Fund dividend application opens New Year’s Day

Posted on 02 January 2014

In Alaska, New Year’s Day marks not only another year passed, but also the beginning of registration for the Permanent Fund Dividend, the state’s annual payout to residents from its invested oil wealth. Between Jan. 1 and March 31, Alaskans can apply online or by paper for the 2014 dividend, which officials expect to be larger than last year’s check.
While the dividends have steadily decreased from $2,069 in 2008 to $878 in 2012, the payment for 2014 “will likely go into the four-figure territory once again,” said Dan DeBartolo, director of the Permanent Fund Dividend Division……………………………………….Full Article: Source


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