The Alaska Industrial Development and Export Authority Board at its meeting on Nov. 28 approved a dividend of $10.285 million to the state’s general fund for Fiscal Year 2020.
“We are very happy to announce this dividend to the State of Alaska, especially since it puts us over $400 million,” said AIDEA Board Chairman Dana Pruhs. “Our dividend is another great example of AIDEA’s strong contribution to Alaska’s economy.”
Since the dividend program’s inception, AIDEA has indeed awarded more than $400 million to the State. But the amount has been dropping year after year.