# Alerus Financial (ALRS) — Dividends

ALRS · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/alrs/dividends

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | quarterly |
| Trailing 12 months | $0.86 |
| Forward yield | 2.80% |
| Growth streak | 5 years |

Alerus Financial pays a quarterly dividend of $0.22 per share. Its most recent payment had an [ex-date](/instructions/learning/ex-dividend-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](/instructions/learning/dividend-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.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Sep 25, 2026 | Oct 9, 2026 | $0.22 |
| Jun 26, 2026 | Jul 10, 2026 | $0.22 |
| Mar 27, 2026 | Apr 10, 2026 | $0.21 |
| Dec 26, 2025 | Jan 9, 2026 | $0.21 |
| Sep 26, 2025 | Oct 10, 2025 | $0.21 |
| Jun 27, 2025 | Jul 11, 2025 | $0.21 |
| Mar 14, 2025 | Apr 11, 2025 | $0.20 |
| Dec 27, 2024 | Jan 17, 2025 | $0.20 |
| Sep 13, 2024 | Oct 11, 2024 | $0.20 |
| Jun 14, 2024 | Jul 15, 2024 | $0.20 |
| Mar 14, 2024 | Apr 12, 2024 | $0.19 |
| Dec 26, 2023 | Jan 12, 2024 | $0.19 |
| Sep 14, 2023 | Oct 13, 2023 | $0.19 |
| Jun 14, 2023 | Jul 14, 2023 | $0.19 |
| Mar 14, 2023 | Apr 14, 2023 | $0.18 |
| Dec 22, 2022 | Jan 13, 2023 | $0.18 |
| Sep 29, 2022 | Oct 14, 2022 | $0.18 |
| Jun 16, 2022 | Jul 8, 2022 | $0.18 |
| Mar 17, 2022 | Apr 8, 2022 | $0.16 |
| 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 2.80% at the last price of $30.71. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

### 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](https://www.lighthorse.io/instructions/learning/ex-dividend-date)

### Has ALRS been raising its dividend?

Yes — Alerus Financial has increased its dividend for 5 consecutive calendar years.

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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.

Data provided by [AInvest](https://www.ainvest.com).