Alerus Financial (ALRS) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $0.86
- Forward yield
- 2.78%
- Payout ratio
- 26.9%
- Growth streak
- 5 years
Alerus Financial pays a quarterly dividend of $0.22 per share. Its most recent payment had an ex-date of September 25, 2026 and is payable on October 9, 2026. Over the trailing twelve months, it paid $0.86 per share, a yield of about 2.66% at a share price of $32.36.
The record shows a regular annual rhythm. Alerus Financial has raised its dividend once a year, each time with the payment that goes ex-dividend in June. The rate went from $0.16 to $0.18 in 2022, then to $0.19 in 2023, $0.20 in 2024, $0.21 in 2025 and $0.22 in 2026. The first raise was two cents, about 12.5%, and the later ones were one cent each, about 4.8% to 5.6%. Since late 2021, the quarterly rate has grown about 38%. Payments by calendar year rose from $0.70 in 2022 to $0.83 in 2025. The source gives a growth streak of five years.
Ex-dates fall in mid to late March, June, September and December, with payment two to four weeks later. If the pattern holds, the next payment would go ex-dividend in late December 2026 and be paid in January 2027. Past raises have come with the June payment.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Aug 26, 2026 | Sep 25, 2026 | Oct 9, 2026 | $0.22 |
| May 21, 2026 | Jun 26, 2026 | Jul 10, 2026 | $0.22 |
| Feb 25, 2026 | Mar 27, 2026 | Apr 10, 2026 | $0.21 |
| Dec 4, 2025 | Dec 26, 2025 | Jan 9, 2026 | $0.21 |
| Aug 28, 2025 | Sep 26, 2025 | Oct 10, 2025 | $0.21 |
| May 21, 2025 | Jun 27, 2025 | Jul 11, 2025 | $0.21 |
| Feb 26, 2025 | Mar 14, 2025 | Apr 11, 2025 | $0.20 |
| Dec 11, 2024 | Dec 27, 2024 | Jan 17, 2025 | $0.20 |
| Aug 21, 2024 | Sep 13, 2024 | Oct 11, 2024 | $0.20 |
| May 23, 2024 | Jun 14, 2024 | Jul 15, 2024 | $0.20 |
| Feb 28, 2024 | Mar 14, 2024 | Apr 12, 2024 | $0.19 |
| Dec 14, 2023 | Dec 26, 2023 | Jan 12, 2024 | $0.19 |
| Aug 24, 2023 | Sep 14, 2023 | Oct 13, 2023 | $0.19 |
| May 11, 2023 | Jun 14, 2023 | Jul 14, 2023 | $0.19 |
| Feb 21, 2023 | Mar 14, 2023 | Apr 14, 2023 | $0.18 |
| Nov 3, 2022 | Dec 22, 2022 | Jan 13, 2023 | $0.18 |
| Sep 13, 2022 | Sep 29, 2022 | Oct 14, 2022 | $0.18 |
| May 10, 2022 | Jun 16, 2022 | Jul 8, 2022 | $0.18 |
| Jan 19, 2022 | Mar 17, 2022 | Apr 8, 2022 | $0.16 |
| Nov 23, 2021 | Dec 22, 2021 | Jan 14, 2022 | $0.16 |
Frequently asked questions
Does Alerus Financial (ALRS) pay a dividend?
Yes. Alerus Financial pays a quarterly dividend; the most recent payment was $0.22 per share.
What is ALRS's dividend yield?
Alerus Financial paid $0.86 per share over the trailing twelve months, a yield of 2.78% at the last price of $30.99. Click here to learn more
When is ALRS's most recent ex-dividend date?
Alerus Financial's most recent ex-dividend date is Sep 25, 2026, payable on Oct 9, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has ALRS been raising its dividend?
Yes — Alerus Financial has increased its dividend for 5 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.