Monthly Archives: June 2011

ALASKA PERMANENT FUND CONTINUES TO RECOVER WHILE THE FUTURE OF ALASKA’S OIL INDUSTRY REMAINS UNCERTAIN

The Alaska Permanent Fund (which finances the Alaska Dividend) gained 3.5% in the first quarter of 2011. This increase follows on a 14.5% over the last two quarters of 2010. Its current balance (according to the Alaska Permanent Fund Corporation) is $40.5 billion, very close to its all-time high in 2007. Mangers credit the recovery mostly to the recovery of the U.S. stock market. These gains will indirectly lead to higher dividends in the future. Continue reading

Posted in Uncategorized | 1 Comment