Stimulus update: Payments worth up to $3,284 to be sent from Alaska fund in one day

Some eligible residents in Alaska will see their payment from the state’s 2022 Permanent Fund Dividend in one day.

The payments of $3,284, which have been sent out since last year, will be sent to people whose applications had the “eligible-not paid” status on Aug. 9.

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The dividend is available to Alaska residents who intend to remain residents of the state indefinitely at the time they apply, among other requirements, including not being a convicted felon and having not claimed residency in another state during the dividend year.

“The PFD at $3,284, a total of $13,000 for a family of four, can go a long way in offsetting the record-high costs of energy and food we’re experiencing, preparing for winter, paying off debt, saving for college, or any number of other purposes,” Gov. Mike Dunleavy (R-AK) said in a statement last year regarding the 2022 Permanent Fund Dividend.

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The payments come from state mineral revenues, which are paid out to residents on a yearly basis “to benefit current and future generations.” The 2023 Permanent Fund Dividend amount has yet to be announced.

The period to apply for the dividend is from Jan. 1 through March 31 of every year, but there are exceptions for some people to apply at a later date.