JUNEAU, Alaska (AP) — The state says it will begin sending checks of $992 to residents, starting July 1, as their share of Alaska’s oil wealth.
Alaska Permanent Fund dividends typically are paid in the fall.
But Gov. Mike Dunleavy last month ordered they be distributed early, citing economic hardships caused by the coronavirus.
The Department of Revenue says that starting July 1, an estimated 580,000 Alaskans will get their check.
The department says that number represents about 90 percent of dividend applicants.
Payments are expected to be made later for others as their eligibility is confirmed.
