Alaska Permanent Fund Division
Alaska dividend is provided by the Alaska Permanent Fund Division in the state of Alaska. The main aim of the association is to furnish the members of their fraternity with their deserved number of dividends at the correct time.
Eligibility Criteria for Alaska Dividend
In order to be capable of receiving the dividend benefits of the Alaska Permanent Fund Division it is necessary that the applicant is a resident of the state and also intends to reside at the place for a considerable period of time.
Application for Alaska Dividend
In order to receive the dividends of the Alaska Permanent Fund Division the applicants need to forward their applications each and every year. Online applications could be made through the official website of the Alaska Permanent Fund Division when the registrations are going on.
Alaska Permanent Fund Division Dividends
The Alaska Permanent Fund Division provides its members with dividends for every fiscal year. The dividends for the year 2007 are supposed to be fixed after the second week of September. The dividends provided in 2006 amounted to $1106.96.
The dividends provided by the Alaska Permanent Fund Division are calculated according to the statutory formula, which is based on AS 43.23.025. The amount that is to be distributed amongst the applicants from the Permanent Fund profits is dispersed according to the number of applicants.
Alaska Permanent Fund Division Dividend Receipt
The time of receipt of the funds of the Alaska Permanent Fund Division is determined by the time when the applications have been filed. People who have filed their applications in the month of January and have also qualified for Alaska dividend would receive their dividends on the 3rd October2007.
Those who have qualified for direct deposits are supposed to get their dividends on 17th October 2007. The applicants who want to get paid through checks can expect to receive the checks before 24th of November.