AIDEA Board Approves $14.475 Million Dividend
FY2021 dividend to state general fund puts AIDEA over $422 million declared
ANCHORAGE—The Alaska Industrial Development and Export Authority (AIDEA) approved a dividend of $14,475,000 to the state general fund for FY2021.
“We are pleased to announce this dividend to the State of Alaska,” said AIDEA Board Chairman Dana Pruhs. “Our dividends further underscore AIDEA’s valuable contribution to Alaska’s economy.”
The Board determines the amount of AIDEA’s annual dividend that is made available to the Legislature for appropriation. Alaska Statute provides a range for the dividend calculation, and the Board chose to pay the FY2021 dividend at the maximum amount.
Since the dividend program’s inception, AIDEA has declared more than $422 million to the state, including the $14.475 million approved for FY2021.
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New Oil on the North Slope
August 2026
In mid-May it was 19°F and windy at the Aurora Hotel in Deadhorse. As I stood in the parking lot surveying the surroundings, I chatted with a gentleman from Texas who works for Nabors Alaska Drilling and was in town as part of a crew tasked with getting a previously inactive drill rig up and running. He said that, according to his supervisor, spring is the windy season on the North Slope. The gusts were bracing, numbing the fingers holding my camera, but most of my attention was focused on what I could capture through the lens: work trucks, shipping containers, buildings obscured by snow whipped up by the wind.