By PAT FORGEY
This year’s Alaska Permanent Fund Dividend will be $1,174, Gov. Sean Parnell announced this morning.
That’s down a bit from last year’s $1,281, as some stock market losses began to be averaged into the five-year dividend calculation formula.
This year’s payments will go out on Oct. 6.
The annual dividends, provided by earnings on the state’s oil wealth savings account, this year will pump about $858 million into the state’s economy.