Dividends 2014

by Savannah Arnold

Last year, 2013, the permanent fund payout for Alaska residents was only $900. This year, 2014, it has doubled and then some to be $1,884. The official direct deposit date is October 2nd, also on this day the physical checks will be sent in the mail.Many residents from Tok plan to make a trip to Fairbanks or Anchorage and cash their dividends. All the banks in the bigger cities of Alaska will be very busy the day the owners receive their checks. Stores will be buzzing with business, the road from Tok to Fairbanks will be pretty busy as well.Mr. Dexter is planning on buying snow tires and diapers for his upcoming baby boy. Many adults around Tok plan to spend their share on bills. Mrs. Young plans on buying a used snow machine and a canvas painting of Mt. Stanford. Her children's dividends will go straight to a savings account.  Other adults that would like to remain anonymous will be buying birthday gifts and plane tickets for loved ones