ALRS Dividend History, Dates & Yield

B-

Alerus Financial Corporation · Financial Services

Current Price
$33.40
Dividend Yield
0.66%
Annual Dividend
$0.22
Frequency
Quarterly
Payout Ratio
21.00%
Next Ex-Date
TBA
B-
Overall
F
Yield
B-
Growth
B
Safety
A
Consistency
A
Performance
vs Financial Services sector · See methodology →

Dividend Growth & Streak

Payout Ratio
21.00%
FCF Payout Ratio
6.50%
5Y Growth Rate
6.86%
1Y Growth Rate
4.94%
Consecutive Increases
0 years
Consecutive Payments
34 years

Payment History

20 payments (of 129 total)
Ex-DateAmount
Jun 26, 2026$0.2200
Mar 27, 2026$0.2100
Dec 26, 2025$0.2100
Sep 26, 2025$0.2100
Jun 27, 2025$0.2100
Mar 14, 2025$0.2000
Dec 27, 2024$0.2000
Sep 13, 2024$0.2000
Jun 14, 2024$0.2000
Mar 14, 2024$0.1900
Dec 26, 2023$0.1900
Sep 14, 2023$0.1900
Jun 14, 2023$0.1900
Mar 14, 2023$0.1800
Dec 22, 2022$0.1800
Sep 29, 2022$0.1800
Jun 16, 2022$0.1800
Mar 17, 2022$0.1600
Dec 22, 2021$0.1600
Sep 16, 2021$0.1600

5-Year Yield Range

Where ALRS's yield sits today
Avg 1.98%High 3.00%Low 0.80%Current 0.66%
0.80%3.00%

Frequently Asked Questions

Does Alerus Financial Corporation pay dividends?

Yes, Alerus Financial Corporation (ALRS) pays a quarterly dividend of $0.22 per share annually, yielding 0.66%.

How much does ALRS pay in dividends per year?

ALRS pays $0.22 per share annually in quarterly payments.

Is ALRS's dividend safe?

ALRS has a payout ratio of 21.0% and has paid dividends for 34 consecutive years. Its dividend safety grade is B.

What is ALRS's dividend growth rate?

ALRS has grown its dividend at 6.86% annually over the past 5 years.

Has ALRS ever cut its dividend?

Yes, ALRS's last dividend decrease was on Jan 1, 2024.

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