Gov. Mike Dunleavy announced that the 2019 Permanent Fund Dividend will be $1,606, Friday morning.<\/p>\n
Those who filed for a direct deposit will receive payments on Oct. 3, according to the Department of Revenue<\/a> which oversees the dividend. Applications filed online must be declared “eligible” by Sept. 26, 2019.<\/p>\n Applicants who filed for a paper check will be eligible for payment on Oct. 24. Paper applications must be deemed eligible by Oct. 11, according to the state.<\/p>\n Checks will go out to an estimated 631,000 Alaskans, according to a press release from the Department of Revenue. The total distribution of this year’s dividend is approximately $1,013,000,000, the release said.<\/p>\n Eligible Alaskans can use the state’s MyPFD<\/a> website to check the status of their dividend.<\/p>\n This year’s dividend comes after an extremely contentious legislative session<\/a>, much of which focused on the amount of the PFD.<\/p>\n The Alaska Legislature went into special session over its inability to agree on a capital budget and the amount for this year’s dividend.<\/p>\n The majority of the Legislature wanted to use money from the Permanent Fund to fill some of the gaps left in the state’s budget by the governor’s $444 million in cuts<\/a>.<\/p>\n