Alaska dividend estimated to be similar to 2009

Posted: Sunday, August 01, 2010

ANCHORAGE - An Anchorage Daily News estimate puts the size of this year's Alaska dividend between $1,250 and $1,320.

This could be the first time in about 15 years that the payment for qualified Alaska residents won't change much.

The Daily News estimate is based in part on Friday's announcement that $858 million in investment profits from the state's oil-wealth savings account will be available for dividends this year. It also factors some assumptions, such as how many people will be eligible for the dividend this year.

The state will announce the actual size of this year's dividend in September.

The state plans to pay this year's dividend to more than 600,000 Alaskans on Oct. 7.

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