Over 600,000 Alaskans have been deemed eligible to receive the payment. The 2024 dividend is almost $400 higher than paid last year.

Residents who applied electronically for direct deposit of the dividend should start seeing it in their accounts on Oct. 3.

The Alaska Department of Revenue announced the 2024 permanent fund dividend on Thursday, in the amount of $1,702 per person.A total of $914 million was allocated from the permanent fund to be divided among the over 600,

This year’s Alaska Permanent Fund Dividend will be an even $1,702, and payment for eligible recipients who filed electronically and opted for direct deposit is scheduled Oct. 3, the state Department of Revenue announced Thursday.

This year’s Permanent Fund dividend, plus a one-time energy rebate bonus, will be a combined $1,702 per recipient, the Alaska Department of Revenue announced Thursday.