Alaska’s next Permanent Fund Dividend payment goes out Nov. 19 to applicants whose status is Eligible-Not Paid on Nov. 11, according to the state’s Permanent Fund Dividend Division. The 2026 dividend is $1,200, a figure that includes a $200 energy relief payment. One more payment is scheduled for Dec. 17, for applicants in that status on Dec. 9.
The date matters most to Alaskans who applied this year and have not been paid. The division ties each payment to a status cutoff: an application has to show as Eligible-Not Paid on the cutoff day to go out on the matching payment date. Applications that reached that status by Oct. 12 were set to be paid Oct. 22, so anyone still waiting is now looking at the November or December dates.
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What are the remaining payment dates?
The division’s page lists three cutoffs for 2026 dividend applications, and for prior-year applications as well. Each one sets a payment date:
- Eligible-Not Paid on Oct. 12: paid Oct. 22
- Eligible-Not Paid on Nov. 11: paid Nov. 19
- Eligible-Not Paid on Dec. 9: paid Dec. 17
The division’s frequently asked questions add that the department “does distribute dividends on a monthly basis,” and that approvals after the main payout are paid in the next monthly run after eligibility is determined. The division aims to finish eligibility decisions by Dec. 31 of the dividend year.
That sets up a simple rule for the days ahead. An application that reaches Eligible-Not Paid after Nov. 11 misses the Nov. 19 payment and moves toward the Dec. 17 date, which applies to applications in that status by Dec. 9. Anything determined after that falls into the next monthly run.
Where does the $1,200 come from?
The payment is a $1,000 dividend plus a $200 energy dividend that the Alaska Legislature approved this spring, the Juneau Independent reported in September. The extra $200 was tied to added state revenue from oil prices that came in higher than predicted. More than 600,000 Alaskans were scheduled to receive the payment.
The base dividend is not a fixed sum. The division says it is calculated by dividing the amount available for distribution by the number of eligible applicants, which is why the figure changes from year to year. This year’s $1,200 is $200 above the $1,000 paid for 2025, and the entire increase is the energy relief payment.
The two pieces arrive as one payment. The division’s tax information page says the dividend and the energy relief payment are combined under House Bill 263, passed in 2026, and that the energy relief portion is also subject to the same deductions as the dividend, such as charitable contributions, Alaska 529 contributions, backup withholding, garnishments and assignments. The same page lists the 2025 dividend at $1,000.
Why might a payment still be late?
The first payments went out Oct. 1 to people who applied online, chose direct deposit and were found eligible by Sept. 18. Everyone else, including paper filers, was paid Oct. 22 if eligible by Oct. 12, by direct deposit or by check. Checks are mailed from Juneau, and a bank that rejects a direct deposit triggers a check by mail instead.
Several things hold a payment back, according to the division. Applications selected for review take longer. Checks are not mailed to addresses where mail has come back as undeliverable, and the division will not release funds by direct deposit or mail while return mail is on file and the address is out of date. Garnishments can also reduce or redirect the payment.
Direct deposit works with any financial institution that accepts ACH transactions, the division says. Because returned mail and an out-of-date address can both stall a payment, the address on file is worth confirming in myPFD before the Nov. 19 date.
Applicants can look up their status at any time in myPFD, the division’s online account. Paper applicants are told to allow four to six weeks for processing before checking.
Is the dividend taxable?
Yes. The division says dividends for adults are taxable for federal income tax purposes. A garnished amount still counts, because the full dividend has to be reported as income even if part or all of it was garnished, and leaving it off a return can bring penalties or other sanctions.
A child’s dividend may be taxable too, depending on the amount, the division says. Applications filed for children carry their own dividends, so a household with several applicants can have several payments to account for.
The division says a 1099-MISC tax statement is available to print or view in myPFD for people with paid dividends. For a person on a fixed income, a $1,200 payment that counts as income is a figure to plan around before filing season.
The same page tells applicants to sign in to myPFD to get tax documents for paid dividends or to update personal information. Because the full amount counts as income whether or not part of it was garnished, the 1099-MISC figure and the amount that actually reached a bank account can differ for people with garnishments.
Will a $1,200 Alaska dividend change the tax bill?
A $1,200 dividend is taxable income, and the 1099-MISC for it can arrive in a pile of January paperwork. A one-time payment helps once, but the tax bill, the Medicare costs and the house costs behind it repeat every year.
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This article was produced with AI assistance and edited for accuracy against the sources linked above.
Warren Cohen is a finance writer based in Phoenix, Arizona, covering personal finance topics including credit, banking, and beginner investing. He earned his degree in business administration from Arizona State University and began his career working in consumer finance, where he gained direct experience with lending and credit systems. He now writes for personal finance websites and fintech platforms, focusing on clear, practical content that helps readers make informed financial decisions.
