The Permanent Fund Dividend (PFD) will deliver a $1,702 stimulus payment to eligible residents in Alaska, funded by the state’s oil industry profits. This payment plays a crucial role in supporting the state’s economy, allowing residents to benefit from the state’s resources.
When Will You Receive the $1,702 Stimulus Payment?
The stimulus payments will be distributed based on specific criteria for different dividend claims. Here are the key dates for the distribution of payments:
August 21, 2025: For dividend claims in “Eligible-Unpaid” status as of August 13, 2025.
September 11, 2025: For dividend claims in “Eligible-Unpaid” status as of September 3, 2025.
October 2, 2025: For dividend claims in “Eligible-Unpaid” status as of September 18, 2025.
October 23, 2025: For dividend claims in “Eligible-Unpaid” status as of October 13, 2025.
Eligibility Criteria for the $1,702 Payment
To qualify for the $1,702 stimulus payment, residents must meet the following requirements:
- Residency: You must be an Alaska resident for the entire calendar year before the payment.
- Intention to Stay: You need to intend to remain an Alaska resident indefinitely.
- No Dual Residency: You cannot claim residency in any other state or country.
- Physical Presence: You must meet the physical presence requirements established by the Alaska Permanent Fund Corporation.
By meeting these criteria, eligible Alaskan residents can benefit from the state’s Permanent Fund Dividend, a financial boon derived from the state’s oil profits.
