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The first dividend plan would have paid Alaskans $50 for each year of residency up to 20 years, but the U.S. Supreme Court in Zobel v. Williams, 457 U.S. 55 (1982) disapproved the $50 per year formula as an invidious distinction burdening interstate travel. As a result, each qualified resident now receives the same annual amount, regardless of ...
Nearly every Alaskan will receive a $1,312 check starting this week, their annual share from the earnings of the state’s nest-egg oil fund. Squabbling over the oil checks' size has resulted in ...
Prudhoe Bay on Alaska's North Slope is the highest yielding oil field in the United States and on North America, typically producing about 400,000 barrels per day (64,000 m 3 /d). The Trans-Alaska Pipeline can pump up to 2.1 million barrels (330,000 m 3) of crude oil per day, more than any other crude oil pipeline in the United States ...
Sep. 9—Eligible Alaskans will receive a $3,284 check, which includes the annual Permanent Fund dividend and a one-time energy relief payment, starting Sept. 20. Gov. Mike Dunleavy announced the ...
In the state of Alaska, residents receive annual dividends from a permanent fund funded partially by oil-lease revenues. In 2013, the dividend came to $900 per resident. In 2013, the dividend came to $900 per resident.
Dividend investments offer consistent income, an opportunity for asset appreciation and the potential for favorable tax treatment. Dividend mutual funds invest in stocks that pay investors regular ...
If you do receive dividends or interest from a fund you hold, you’ll likely receive an IRS tax form that shows your income from the fund for the year. The form may come from the fund company ...
One notable component of the expense ratio of U.S. funds is the "12b-1 fee", which represents expenses used for advertising and promotion of the fund. 12b-1 fees are paid by the fund out of mutual fund assets and are generally limited to a maximum of 1.00% per year (.75% distribution and .25% shareholder servicing) under FINRA Rules. [7]