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Sovereign Wealth Funds Briefing - Categorized | Performance

Permanent Fund dividends deposited Thursday

Posted on 09 October 2009

From Ktuu.com: The Alaska Permanent Fund dividend was deposited Thursday morning into the bank accounts of eligible state residents. Paper checks will be mailed on Oct. 22.

This year’s $1,305 dividend is down from last year’s $2,069. The payments shrank because investment earnings allocated to the annual dividends are based on a 5-year average of fund performance, which was weak last year because of the economic downturn………………..Full Article: Source

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