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Investor Presentaiton

Permanent Fund Dividends Beginning in 1982, the legislature began to distribute part of the realized earnings of the Permanent Fund to Alaskans as "Permanent Fund Dividends." After an initial $1000 payment to all Alaskans in 1982, Permanent Fund Dividend annual payment amounts have been based on a formula roughly equal to half of the Permanent Fund average realized earnings over the previous five years, divided by the number or eligible Alaskans. When the fund's stock, bond and real estate investments have done well, Permanent Fund dividends have gone up-and vice $2,500 $2,000 $1,500 $1,000 $500 $0 60 versa. Alaska Permanent Fund Dividend Annual Payments T Source: Alaska Permanent Fund Corporation website About half the realized earnings of the Permanent Fund are used for dividends and the other half have been kept in the fund for "inflation-proofing." The Permanent Fund Dividend program is very popular among Alaskans. It means that Alaskans benefit directly from the past oil revenues and the Permanent Fund. But it also means that the money isn't. available for other uses such as helping to pay for state government. 37
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