Alerus Financial Corporation Common Stock
ALRSAlerus Financial Corporation (ALRS) is a financial services company that offers banking, wealth management, and retirement planning solutions. Founded in 2003 and headquartered in Grand Forks, North Dakota, it primarily serves individuals, businesses, and institutions with a focus on personalized service and community-oriented banking. Alerus operates as a bank holding company, providing a variety of financial products including checking and savings accounts, loans, and investment services.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| July 10, 2026 | $0.22 | 2026-06-26 | 2026-06-26 |
| April 10, 2026 | $0.21 | 2026-03-27 | 2026-03-27 |
| January 9, 2026 | $0.21 | 2025-12-26 | 2025-12-26 |
| October 10, 2025 | $0.21 | 2025-09-26 | 2025-09-26 |
| July 11, 2025 | $0.21 | 2025-06-27 | 2025-06-27 |
Dividends Summary
- Consistent Payer: Alerus Financial Corporation Common Stock has rewarded shareholders with 77 dividend payments over the past 22 years.
- Total Returned Value: Investors who held ALRS shares during this period received a total of $12.99 per share in dividend income.
- Latest Payout: The most recent dividend of $0.22/share was paid 8 days ago, on July 10, 2026.
- Yield & Schedule: ALRS currently pays dividends quarterly with an annual yield of 2.64%.
- Dividend Growth: Since 2004, the dividend payout has grown by 69.2%, from $0.13 to $0.22.
- Dividend Reliability: ALRS has maintained or increased its dividend for 48 consecutive payments.
Company News
Alerus Financial Corporation (NASDAQ: ALRS) announced a regular quarterly cash dividend of $0.22 per common share, representing a 4.76% increase from the prior year. The dividend is payable on July 10, 2026, to stockholders of record as of June 26, 2026.
Alerus Financial Corporation (NASDAQ: ALRS) announced a regular quarterly cash dividend of $0.21 per common share, representing a 5% increase from the prior year. The dividend is payable on April 10, 2026, to shareholders of record as of March 27, 2026.
Alerus Financial Corporation announced it will release its fourth quarter 2025 financial results on January 28, 2026, followed by a conference call on January 29, 2026 at 11:00 a.m. Central Time to discuss results with analysts and institutional investors.
Alerus Financial reported strong Q2 2025 financial performance, with adjusted earnings per share of $0.72, revenue of $74.8 million, and a 227.4% increase in net income compared to the previous year. The company demonstrated growth across banking, retirement, and wealth management segments.
Alerus Financial (ALRS) announces an all-stock deal to acquire HMN Financial for $116.4 million. The transaction will be accretive to its earnings next year.
