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NASDAQ: ALRS
Alerus Financial Corp Stock Dividend Yield & Dates

ALRS dividend stability and growth

Last Dividend per share
$0.1900
Forward Dividend yield
3.55%
ALRS's dividend has not dropped... subscribe to Premium to read more.
Dividend Stability Dividend
ALRS dividends have increased over... subscribe to Premium to read more.
Consistent Dividend Growth Dividend

ALRS dividend yield vs industry/market

Company
3.82%
Industry
3.99%
ALRS dividends (3.82%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
ALRS dividends (3.82%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

ALRS dividend payout ratio

Alerus Financial Corp paid out 127.1% of its earnings over the trailing twelve months.
Retained earnings
N/A
Payout ratio
127.1%
ALRS earnings ($11.70M) are insufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

ALRS vs Bank Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
ALRS3.82%Yes0+127.10%
BHRB1.02%0+34.80%
CCNE3.82%Yes0+27.30%
PGC0.87%Yes0+7.30%
ESQ1.17%0+9.90%

ALRS dividend dates

Last dividend payment date
Apr 12, 2024
Last ex-dividend date
Mar 14, 2024

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Alerus Financial Dividends FAQ

Does Alerus Financial pay a dividend?

Yes, ALRS has paid a dividend within the past 3 months.


If you're new to stock investing, here's how to buy Alerus Financial stock.

What is Alerus Financial's Dividend Payment Date?

Alerus Financial's last dividend payment date was on 2024-04-12, when Alerus Financial shareholders who owned ALRS shares before 2024-03-14 received a dividend payment of $0.1900 per share. Alerus Financial's next dividend payment date has not been announced yet. Add ALRS to your watchlist to be reminded of ALRS's next dividend payment.

Is Alerus Financial's dividend stable?

Yes, ALRS's dividend has been stable for the last 10 years.

Does Alerus Financial have sufficient earnings to cover their dividend?

No, ALRS's past year earnings per share was $0.59, and their annual dividend per share is $0.76. ALRS's dividend payout ratio is 127.1%, which is not sustainable.

How much is Alerus Financial's dividend?

ALRS pays a dividend of $0.76 per share. ALRS's annual dividend yield is 3.82%. Alerus Financial's dividend is lower than the US industry average of 3.99%, and it is lower than the US market average of 4.24%.

What is Alerus Financial's Ex-Dividend Date?

Alerus Financial's previous ex-dividend date was on 2024-03-14. Alerus Financial shareholders who own ALRS stock before this date received Alerus Financial's last dividend payment of $0.1900 per share on 2024-04-12. Alerus Financial's next ex-dividend date has not been announced yet. Add ALRS to your watchlist to be reminded before ALRS's ex-dividend date.

Is Alerus Financial's dividend showing long-term growth?

Yes, ALRS's' dividend has been growing over the last 10 years.
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