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Nearly every Alaskan will receive a $1,312 check starting this week, their annual share from the earnings of the state’s nest-egg oil fund. Squabbling over the oil checks' size has resulted in ...
The Alaska Permanent Fund (APF) is a constitutionally established permanent fund managed by a state-owned corporation, the Alaska Permanent Fund Corporation (APFC). [1] It was established in Alaska in 1976 [ 2 ] by Article 9, Section 15 of the Alaska State Constitution [ 3 ] under Governor Jay Hammond and Attorney General Avrum Gross .
In the state of Alaska, residents receive annual dividends from a permanent fund funded partially by oil-lease revenues. In 2013, the dividend came to $900 per resident. In 2013, the dividend came to $900 per resident.
In 2005, every eligible Alaskan resident (including children) received a check for $845.76. Over the 24-year history of the fund, it has paid out a total of $24,775.45 to every resident. [5] Some believe this dividend as the reason why Alaska has one of the lowest rates of inequality and relatively low levels of poverty compared to other US states.
Goods and groceries run higher than the average, but become a permanent Alaska resident and the state will pay you a varying amount from the oil-funded Permanent Fund Dividend. Vito Palmisano ...
For instance, the S&P 500 has had an average annual return of 9.8% over the past 20 years with dividends reinvested. The average national CD account rate is 1.83% for a one-year term.
Arctic Slope Regional Corporation was created under the Alaska Native Claims Settlement Act of 1971. [1] The initial shareholders were the 13,000 Iñupiaq Eskimos listed in the 1970 US census.
Shares of German American Bancorp Inc (NASDAQ:GABC) will begin trading ex-dividend in 4 days. To qualify for the dividend check of US$0.15 per share, investors must have owned the shares Read More