Alaskans to receive $1,000 PFDs in July

    Gov. Mike Dunleavy announced May 20 that the Permanent Fund Dividend Division will begin distribution of the 2020 PFD to all eligible Alaskans on July 1, three months earlier than normal.

    The Alaska Legislature capped the dividend at $1,000 this year rather than paying out the full statutory dividend which would have been $3,100. Dunleavy pushed for the traditional dividend but his proposal was rejected by lawmakers in the ongoing battle to restore payment of a full statutory dividend to Alaskans.

    “This has been a difficult situation for everyone – individual Alaskans have been hurt economically, businesses have been hurt economically. We’re going to do all we can to get that going in the right direction,” Dunleavy said in announcing the early payout.

    Dividends typically go out in October, but Dunleavy said Alaska is in “extraordinary times and we need to make sure the people of Alaska have cash in their hands to help with this economy.”

    “I can’t think of a better time to do it than now,” he added. “We’re starting the process right now so come July 1st, we’re going to be sending out the Permanent Fund checks to all Alaskans that qualify and are eligible.”

    As of May 20, the state has received 671,364 PFD applications with 85% of applicants verified as eligible. The Division estimates nearly 600,000 Alaskans will receive payment. Because not all applicants will be determined by June 19, some Alaskans may receive payments July 23, August 20, or subsequent months thereafter. The division pays dividends monthly until all eligible Alaskans are paid.

    Click here to support the Alaska Watchman.

    Joel Davidson
    Joel Davidson
    Joel is Editor-in-Chief of the Alaska Watchman. Joel is an award winning journalist and has been reporting for over 20 years, He is a proud father of 8 children, and lives in Palmer, Alaska.

    Share this article

    Related articles

    Leave a reply

    Please enter your comment!
    Please enter your name here


    Alaska Watchman relies on the generous support of our readers. All donations go directly to supporting and expanding our news coverage. Please consider becoming a regular supporter.

    Select a Donation Option (USD)

    Enter Donation Amount (USD)


    Personal Info

    Donation Total: $100.00

    Stay Informed

    Receive breaking stories and analysis from the Alaska Watchman directly to your inbox for free.

    No spam ever. Guaranteed.

    Latest articles

    Alaska can solve budget crisis by ending unconstitutional appropriations

    “Defunding power cost equalization would gut a lifeline for rural Alaska” was published by ADN on Nov. 10. Meera Kohler expertly laid...

    Anchorage should consider advice of 50,000 health professionals before imposing a lockdown

    On Dec. 1, many Anchorage businesses will either be forcibly closed or severely limited for the duration of 2020. This decision rests...

    Assemblywoman Allard urges Anchorage to keep fighting

    Anchorage has been through a lot this year, but her people are strong and many who have never before gotten involved have...

    Are Alaska’s Elections Clean?

    In the wake of this critical moment in history, a stolen presidential election, a nakedly exposed, billionaire-funded socialist revolution, with paid thugs...

    News tips