S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands

Alerus Financial (ALRS) Dividend Yield, Date & History

$21.81
+0.26 (+1.21%)
(As of 02/29/2024 ET)

Dividend Summary

Dividend Yield
3.48%
Annual Dividend
$0.76
Dividend Increase
Track Record
7 Years
Annualized 3-Year
Dividend Growth
-2.27%
Dividend Payout Ratio
133.34%
Recent
Dividend Payment
Jan. 12
Skip Charts & View Dividend History

Alerus Financial vs. The Competition

TypeAlerus FinancialFinance CompaniesNASDAQ Companies
Annual Dividend$0.76$1.79$1.23
Dividend Yield3.48%1,050.13%386.35%
Annualized 3-Year Dividend Growth-2.27%858.22%1,393.41%
Track Record7 years7 years7 years

Alerus Financial Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings133.34%
Based on This Year's Estimates49.67%
Based on Next Year's Estimates41.53%
Based on Cashflow28.16%

Alerus Financial Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 3.48%. 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 n/a dividends to shareholders.

When was Alerus Financial's most recent dividend payment?

Alerus Financial's most recent n/a dividend payment of $0.19 per share was made to shareholders on Friday, January 12, 2024.

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

Alerus Financial's most recent ex-dividend date was Tuesday, December 26, 2023.

Is Alerus Financial's dividend growing?

Over the past three years, the company's dividend has not grown. It has decreased by -2.27%.

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:
  • 133.34% based on the trailing year of earnings
  • 49.67% based on this year's estimates
  • 41.53% based on next year's estimates
  • 28.16% based on cash flow

More Dividend Resources from MarketBeat

This page (NASDAQ:ALRS) was last updated on 3/1/2024 by MarketBeat.com Staff