Alerus Financial Dividend History
NASDAQ: ALRSFinanceMajor BanksUSD
31.07-0.59 (-1.86%)
At close: Oct 9, 4:00 PM ET · Delayed 15 min
- Dividend yield
- 2.74%
- Annual dividend
- $0.85
- Frequency
- Quarterly
- Ex-dividend date
- Sep 25, 2026
- Payment date
- —
- Payout ratio
- 80%
Alerus Financial dividend summary
Alerus Financial pays a quarterly dividend of $0.22 per share ($0.88 annualized), a 2.83% yield at the current price. It has raised its annual dividend for 13 consecutive years. Over the past five full years, annual dividends per share have grown at a 6.7% compound annual rate.
The payout ratio is 80% of trailing earnings per share, a relatively high share of profits. ALRS has 93 recorded dividend payments since 2003, totaling $0.86 per share over the last 12 months.
Summary generated from market data by MetaCap's automated system. Methodology
ALRS dividend history
| Ex-dividend date | Cash amount | Change | Pay date |
|---|---|---|---|
| Sep 25, 2026 | $0.22 | — | — |
| Jun 26, 2026 | $0.22 | +4.8% | — |
| Mar 27, 2026 | $0.21 | — | — |
| Dec 26, 2025 | $0.21 | — | — |
| Sep 26, 2025 | $0.21 | — | — |
| Jun 27, 2025 | $0.21 | +5.0% | — |
| Mar 14, 2025 | $0.20 | — | — |
| Dec 27, 2024 | $0.20 | — | — |
| Sep 13, 2024 | $0.20 | — | — |
| Jun 14, 2024 | $0.20 | +5.3% | — |
| Mar 14, 2024 | $0.19 | — | — |
| Dec 26, 2023 | $0.19 | — | — |
| Sep 14, 2023 | $0.19 | — | — |
| Jun 14, 2023 | $0.19 | +5.6% | — |
| Mar 14, 2023 | $0.18 | — | — |
| Dec 22, 2022 | $0.18 | — | — |
| Sep 29, 2022 | $0.18 | — | — |
| Jun 16, 2022 | $0.18 | +12.5% | — |
| Mar 17, 2022 | $0.16 | — | — |
| Dec 22, 2021 | $0.16 | — | — |
| Sep 16, 2021 | $0.16 | — | — |
| Jun 17, 2021 | $0.16 | +6.7% | — |
| Mar 18, 2021 | $0.15 | — | — |
| Dec 17, 2020 | $0.15 | — | — |
| Sep 17, 2020 | $0.15 | — | — |
| Jun 12, 2020 | $0.15 | — | — |
| Mar 19, 2020 | $0.15 | — | — |
| Dec 19, 2019 | $0.15 | +7.1% | — |
| Sep 19, 2019 | $0.14 | — | — |
| Jun 20, 2019 | $0.14 | — | — |
| Mar 21, 2019 | $0.14 | — | — |
| Dec 20, 2018 | $0.14 | +7.7% | — |
| Sep 20, 2018 | $0.13 | — | — |
| Jun 21, 2018 | $0.13 | — | — |
| Mar 22, 2018 | $0.13 | +8.3% | — |
| Dec 21, 2017 | $0.12 | — | — |
| Sep 21, 2017 | $0.12 | — | — |
| Jun 21, 2017 | $0.12 | — | — |
| Mar 22, 2017 | $0.12 | +9.1% | — |
| Dec 21, 2016 | $0.11 | — | — |
| Sep 21, 2016 | $0.11 | — | — |
| Jun 15, 2016 | $0.11 | — | — |
| Mar 16, 2016 | $0.11 | — | — |
| Dec 16, 2015 | $0.11 | — | — |
| Sep 16, 2015 | $0.11 | +10.0% | — |
| Jun 17, 2015 | $0.10 | — | — |
| Mar 18, 2015 | $0.10 | — | — |
| Dec 17, 2014 | $0.10 | — | — |
| Sep 18, 2014 | $0.10 | +7.1% | — |
| Jun 18, 2014 | $0.0933 | +3.7% | — |
| Mar 19, 2014 | $0.09 | +3.8% | — |
| Dec 18, 2013 | $0.0867 | — | — |
| Sep 18, 2013 | $0.0867 | +4.0% | — |
| Jun 19, 2013 | $0.0833 | — | — |
| Mar 20, 2013 | $0.0833 | +4.2% | — |
| Sep 19, 2012 | $0.08 | +4.3% | — |
| Jun 20, 2012 | $0.0767 | — | — |
| Mar 21, 2012 | $0.0767 | — | — |
| Dec 21, 2011 | $0.0767 | +4.5% | — |
| Sep 21, 2011 | $0.0733 | — | — |
| Jun 15, 2011 | $0.0733 | — | — |
| Mar 16, 2011 | $0.0733 | — | — |
| Dec 21, 2010 | $0.0733 | — | — |
| Sep 15, 2010 | $0.0733 | — | — |
| Jun 16, 2010 | $0.0733 | — | — |
| Mar 17, 2010 | $0.0733 | +4.8% | — |
| Dec 16, 2009 | $0.07 | — | — |
| Sep 18, 2009 | $0.07 | — | — |
| Jun 17, 2009 | $0.07 | — | — |
| Mar 18, 2009 | $0.07 | — | — |
| Dec 17, 2008 | $0.07 | +5.0% | — |
| Sep 17, 2008 | $0.0667 | +11.1% | — |
| Jun 18, 2008 | $0.06 | — | — |
| Mar 18, 2008 | $0.06 | — | — |
| Dec 19, 2007 | $0.06 | — | — |
| Sep 19, 2007 | $0.06 | +2.9% | — |
| Jun 20, 2007 | $0.0583 | +2.9% | — |
| Mar 21, 2007 | $0.0567 | — | — |
| Dec 22, 2006 | $0.0567 | +6.3% | — |
| Sep 21, 2006 | $0.0533 | — | — |
| Jun 21, 2006 | $0.0533 | +6.7% | — |
| Mar 22, 2006 | $0.05 | — | — |
| Dec 30, 2005 | $0.05 | +3.4% | — |
| Sep 21, 2005 | $0.0483 | — | — |
| Jun 15, 2005 | $0.0483 | +3.6% | — |
| Mar 16, 2005 | $0.0467 | +3.7% | — |
| Dec 21, 2004 | $0.045 | — | — |
| Sep 15, 2004 | $0.045 | +3.8% | — |
| Jun 16, 2004 | $0.0433 | +4.0% | — |
| Mar 17, 2004 | $0.0417 | — | — |
| Dec 17, 2003 | $0.0417 | +4.2% | — |
| Sep 17, 2003 | $0.04 | +4.3% | — |
| Jun 18, 2003 | $0.0383 | — | — |
Dividends by year
| Year | Total per share | Payments | Growth |
|---|---|---|---|
| 2026 | $0.65 | 3 | -21.7% |
| 2025 | $0.83 | 4 | +5.1% |
| 2024 | $0.79 | 4 | +5.3% |
| 2023 | $0.75 | 4 | +7.1% |
| 2022 | $0.70 | 4 | +11.1% |
| 2021 | $0.63 | 4 | +5.0% |
| 2020 | $0.60 | 4 | +5.3% |
| 2019 | $0.57 | 4 | +7.5% |
| 2018 | $0.53 | 4 | +10.4% |
| 2017 | $0.48 | 4 | +9.1% |
| 2016 | $0.44 | 4 | +4.8% |
| 2015 | $0.42 | 4 | +9.6% |
| 2014 | $0.3833 | 4 | +12.7% |
| 2013 | $0.34 | 4 | +45.7% |
| 2012 | $0.2333 | 3 | -21.3% |
ALRS stock splits
| Date | Ratio | Type |
|---|---|---|
| Sep 15, 2014 | 3-for-1 | Forward split |
| Apr 12, 2004 | 2-for-1 | Forward split |