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New $3,284 Dividend Checks— See When You Will Receive Them

Permanent Fund Dividend in Alaska [Photo: KTOO]
Permanent Fund Dividend in Alaska [Photo: KTOO]

A new batch of dividend checks worth $3,284 will be issued in a week. Read and find out when these thousand dollars dividend checks will be received!

Dividend Checks [Photo: KTOO]

Dividend Checks [Photo: KTOO]

The Permanent Fund Dividend (PFD) is a program in Alaska that will issue a new batch of dividend checks next week. The PFD program’s funds are a part of the profits collected from oil revenues every year. The state requires its residents to submit an application to receive the dividend checks every year. The applications from last year have already ended, but applications will open again this coming March 31.

According to an article on the U.S. News, the residents of Alaska have been receiving the dividend checks worth $3,284 since September 2022. The dividend checks last year were actually issued earlier because dividend checks are generally issued in early to mid-October. The amount in the dividend checks last year has also increased compared to the standard amount. The increase is due to the added $662 worth of energy relief payment. In the state of Alaska, the energy relief is added to the dividends payout unlike in other states that separate the energy relief and the dividends.

READ ALSO: Maine Governor Janet Mills Proposes $474 Million Emergency Winter Energy Relief Plan

When will the dividend checks be received?

According to Weiss, when the dividend checks will be received depends on the status of an applicant’s dividend application. Recipients with the “Eligible-Not Paid” status on February 8 will receive their dividend checks on February 16. Meanwhile, recipients with the “Eligible-Not Paid” status on March 8 will receive their dividend checks on March 16.

Unfortunately, the applicants who chose to receive paper checks will have to wait for weeks before they will be issued. Fortunately, for those who chose to receive direct deposit payments, their dividend checks will only take a few days to be issued.

READ ALSO: $3,284 Permanent Fund Dividends Being Issued— See Status Of Your Checks!

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