ALRS Alerus Financial Corporation

$23.40-0.13%
B-
Dividend Yield2.69%
Annual Dividend$0.63
Payout Ratio
Safe33.30%
Consecutive Years10 yrs
Frequencyquarterly
Next Ex-Date
Mar 27, 2026in 5 days

Dividend Grades

vs Financial Services sector
B-
Overall
C+
Yield
B-
Growth
B
Safety
B-
Consistency
B+
Performance
MetricALRSSector Median
Dividend Yield2.69%3.27%
Dividend Growth (5Y)6.71%5.31%
Payout Ratio33.3%36.0%
Consecutive Years Paid1413
1Y Total Return+28.3%8.8%

Grades compare this stock to Financial Services sector peers using percentile ranks. A+ = top 10%, F = bottom 10%. See methodology →

1-Year Growth

5.06%

3-Year Growth

5.84%

5-Year Growth

6.71%

10-Year Growth

7.05%

Key Dividend Dates

Next Ex-Date

Mar 27, 2026

Next Payment

Apr 10, 2026

Last Ex-Date

Dec 26, 2025

Last Payment

Jan 9, 2026

Dividend History

Ex-DateAmountChange
Mar 27, 2026$0.21000.00%
Dec 26, 2025$0.21000.00%
Sep 26, 2025$0.21000.00%
Jun 27, 2025$0.2100+5.00%
Mar 14, 2025$0.20000.00%
Dec 27, 2024$0.20000.00%
Sep 13, 2024$0.20000.00%
Jun 14, 2024$0.2000+5.26%
Mar 14, 2024$0.19000.00%
Dec 26, 2023$0.19000.00%
Sep 14, 2023$0.19000.00%
Jun 14, 2023$0.1900+5.56%
Mar 14, 2023$0.18000.00%
Dec 22, 2022$0.18000.00%
Sep 29, 2022$0.18000.00%
Jun 16, 2022$0.1800+12.50%
Mar 17, 2022$0.16000.00%
Dec 22, 2021$0.16000.00%
Sep 16, 2021$0.16000.00%
Jun 17, 2021$0.1600+6.67%

Payout Ratio (Earnings)

33.3%

Safe

FCF Payout Ratio

29.1%

Safe

Financial Snapshot

PeriodEPSFCF
Q1 2025$0.52$5.66M
Q2 2025$0.79$7.56M
Q3 2025$0.66$37.97M
Q1 2024$0.32$10.83M

Analyst Ratings (Last 90 Days)

Buy: 0Hold: 4Sell: 0

Peer Comparison

SymbolCompanyYield
HDBHDFC Bank Limited4.31%
IBNICICI Bank Limited0.99%
MFGMizuho Financial Group, Inc.2.28%
PNCThe PNC Financial Services Group, Inc.3.32%
USBU.S. Bancorp3.98%

Frequently Asked Questions

Does Alerus Financial Corporation pay a dividend?

Yes, Alerus Financial Corporation (ALRS) pays a quarterly dividend with a yield of 2.69%.

What is ALRS's dividend yield?

ALRS's current dividend yield is 2.69%. The annual dividend is $0.63.

When is ALRS's next ex-dividend date?

ALRS's next ex-dividend date is Mar 27, 2026.

How many years has Alerus Financial Corporation increased its dividend?

Alerus Financial Corporation has increased its dividend for 10 consecutive years.

About this data

Dividend data sourced from Financial Modeling Prep. Prices updated daily after market close.

Payout ratio — trailing 12-month dividends paid / trailing 12-month net income.

Consecutive years — calendar years with a higher total annual dividend than the prior year.

Growth rates — annualized, comparing the most recent full year total to the total N years prior.

For informational purposes only. Not investment advice.

Data as of March 22, 2026. Source: Financial Modeling Prep. Prices and yields updated daily after market close.