Alerus Financial Corporation (ALRS) Dividend Yield, History & Forecast

Alerus Financial Corporation (ALRS) is a Banks - Regional company in the Financial Services sector listed on the NASDAQ Capital Market. It pays a current dividend yield of 2.83% ($0.84 per share annually (TTM)), with 21 years of consecutive dividend increases. The most recent ex-dividend date was June 26, 2026, with payment scheduled for July 10, 2026. The trailing twelve-month payout ratio is 76.9%; the market capitalization is approximately $606M.

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Frequently Asked Questions about Alerus Financial Corporation (ALRS)

What is Alerus Financial Corporation's dividend yield?
Alerus Financial Corporation (ALRS) pays a current trailing twelve-month dividend yield of 2.83%, which works out to $0.84 per share annually based on the most recent payout schedule.
When does Alerus Financial Corporation pay its next dividend?
The most recent ex-dividend date was June 26, 2026. The next scheduled dividend payment date is July 10, 2026.
How many years has Alerus Financial Corporation increased its dividend?
Alerus Financial Corporation (ALRS) has increased its dividend for 21 consecutive years.
Is Alerus Financial Corporation a Dividend Aristocrat?
No. Dividend Aristocrat status requires an S&P 500 listing and 25 or more consecutive years of dividend increases. Alerus Financial Corporation (ALRS) currently has 21 years of consecutive increases.
What sector is Alerus Financial Corporation in?
Alerus Financial Corporation (ALRS) operates in the Financial Services sector, specifically the Banks - Regional industry.
What is Alerus Financial Corporation's dividend payout ratio?
Alerus Financial Corporation (ALRS)'s trailing twelve-month dividend payout ratio is 76.9%. The payout ratio measures what percentage of earnings is paid out as dividends — a lower ratio generally suggests a more sustainable dividend.