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ALRS Dividend

Alerus Financial Corporation

NASDAQFinancial ServicesStockData as of
Dividend yield
2.51%
Annual dividend
$0.86
Payout ratio
0.76
Frequency
Quarterly
Share price
$34.27
Market cap
$848M

Is ALRS a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

  • Yield is below the market median2.51% against a median of 2.84%. A lower yield is common among companies that reinvest more of their earnings or whose shares have risen.
  • Dividend uses most of earningsA payout ratio of 0.76 leaves a narrower margin than the sub-0.60 range generally considered comfortable, though it remains within earnings.
  • Dividend has been cut 4 timesAcross 33 complete years, the annual total fell in 2001, 2002, 2004 and earlier. The most recent reduction was in 2004.
  • Raised for 21 consecutive yearsA long record of increases suggests both the cash generation to fund them and a management commitment to maintaining them. This figure is derived from payment history and is approximate.

ALRS dividend history

Annual dividend per share, 1993 to 2025.

1993199920052011201720232025
Peak $0.8400 in 2025Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for ALRS, most recent first.
Ex-dividend datePay dateAmountType
$0.2200Quarterly
$0.2200Quarterly
$0.2100Quarterly
$0.2100Quarterly
$0.2100Quarterly
$0.2100Quarterly
$0.2000Quarterly
$0.2000Quarterly
$0.2000Quarterly
$0.2000Quarterly
$0.1900Quarterly
$0.1900Quarterly
$0.1900Quarterly
$0.1900Quarterly
$0.1800Quarterly
$0.1800Quarterly
$0.1800Quarterly
$0.1800Quarterly
$0.1600Quarterly
$0.1600Quarterly
$0.1600Quarterly
$0.1600Quarterly
$0.1500Quarterly
$0.1500Quarterly
$0.1500Quarterly
$0.1500Quarterly
$0.1500Quarterly
$0.1500Quarterly
$0.1400Quarterly
$0.1400Quarterly
$0.1400Quarterly
$0.1400Quarterly
$0.1300Quarterly
$0.1300Quarterly
$0.1300Quarterly
$0.1200Quarterly
$0.1200Quarterly
$0.1200Quarterly
$0.1200Quarterly
$0.1100Quarterly

How much would ALRS pay you?

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ALRS appears in

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Frequently asked questions

Does ALRS pay a dividend?
Yes. Alerus Financial Corporation pays a quarterly dividend, currently yielding 2.51% based on trailing twelve-month payments of $0.86 per share.
How much does ALRS pay in dividends?
$0.86 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next ALRS ex-dividend date?
No upcoming ex-dividend date is currently on record for ALRS. Dates appear here once the company declares them.