Alerus Financial (ALRS) Dividend Yield, Date & History

$20.54
-0.46 (-2.19%)
(As of 04/25/2024 ET)

Dividend Summary

Dividend Yield
3.70%
Annual Dividend
$0.76
Dividend Increase
Track Record
7 Years
Annualized 3-Year
Dividend Growth
7.72%
Dividend Payout Ratio
133.33%
Recent
Dividend Payment
Apr. 12
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Alerus Financial vs. The Competition

TypeAlerus FinancialFinance CompaniesNASDAQ Companies
Annual Dividend$0.76$1.79$1.25
Dividend Yield3.70%1,056.96%393.63%
Annualized 3-Year Dividend Growth7.72%907.47%1,277.58%
Track Record7 years7 years6 years

Alerus Financial Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings133.33%
Based on This Year's Estimates49.67%
Based on Next Year's Estimates41.53%
Based on Cashflow36.78%

Alerus Financial Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/27/2024Quarterly$0.193.48%3/14/20243/15/20244/12/2024
12/14/2023Quarterly$0.193.37%12/26/202312/27/20231/12/2024
8/23/2023Quarterly$0.194.08%9/14/20239/15/202310/13/2023
5/10/2023Quarterly$0.195.52%6/14/20236/15/20237/14/2023
2/21/2023Quarterly$0.183.61%3/14/20233/15/20234/14/2023
11/3/2022Quarterly$0.183.32%12/22/202212/23/20221/13/2023
9/13/2022Quarterly$0.183.05%9/29/20229/30/202210/14/2022
5/11/2022Quarterly$0.182.74%6/16/20226/17/20227/8/2022
1/19/2022Quarterly$0.162.28%3/17/20223/18/20224/8/2022
11/23/2021Quarterly$0.161.95%12/22/202112/24/20211/14/2022
7/27/2021quarterly$0.162.3%9/16/20219/17/202110/8/2021
5/12/2021quarterly$0.162.1%6/17/20216/18/20217/9/2021
2/22/2021Quarterly$0.152.08%3/18/20213/19/20214/9/2021
11/17/2020Quarterly$0.152.44%12/17/202012/18/20201/8/2021
11/19/2020quarterly$0.152.4%12/17/202012/18/20201/8/2021
8/7/2020quarterly$0.153%9/17/20209/18/202010/9/2020
5/14/2020quarterly$0.153.6%6/12/20206/15/20207/10/2020
2/21/2020quarterly$0.152.8%3/19/20203/20/20204/10/2020
11/11/2019Quarterly$0.1512/19/201912/20/20191/10/2020
9/18/2019--$0.142.5%9/19/20199/20/201910/11/2019
(Data available from 1/1/2013 forward)

Alerus Financial Dividend - Frequently Asked Questions

What is Alerus Financial's dividend yield?

The current dividend yield for Alerus Financial is 3.70%. Learn more on ALRS's dividend yield history.

How much is Alerus Financial's annual dividend?

The annual dividend for ALRS shares is $0.76. Learn more on ALRS's annual dividend history.

How often does Alerus Financial pay dividends?

Alerus Financial pays quarterly dividends to shareholders.

When was Alerus Financial's most recent dividend payment?

Alerus Financial's most recent quarterly dividend payment of $0.19 per share was made to shareholders on Friday, April 12, 2024.

When was Alerus Financial's most recent ex-dividend date?

Alerus Financial's most recent ex-dividend date was Thursday, March 14, 2024.

Is Alerus Financial's dividend growing?

Over the past three years, the company's dividend has grown by an average of 7.72% per year.

What track record does Alerus Financial have of raising its dividend?

Alerus Financial has increased its dividend for the past 7 consecutive years.

When did Alerus Financial last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.01 on Wednesday, May 10, 2023.

What is Alerus Financial's dividend payout ratio?
The dividend payout ratio for ALRS is:
  • 133.33% based on the trailing year of earnings
  • 49.67% based on this year's estimates
  • 41.53% based on next year's estimates
  • 36.78% based on cash flow
This page (NASDAQ:ALRS) was last updated on 4/26/2024 by MarketBeat.com Staff

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