
Alaska Permanent Fund Dividend
The Alaska Permanent Fund Dividend is a yearly payment made to eligible residents of Alaska from the state's oil revenue. Funded by profits from oil and mineral investments, it aims to share resources with residents, recognizing the state's natural resource wealth. Each eligible Alaskan receives a dividend, which varies annually based on the fund’s performance, helping to support individual income and promote economic stability. The program encourages local participation in resource management and directly benefits residents, fostering a sense of shared ownership of Alaska's natural resources.