Alerus Financial (ALRS) Dividend Yield, Date & History $22.09 +0.09 (+0.41%) (As of 07/26/2024 ET) Add Compare Share Share DividendStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Dividend SummaryDividend Yield3.62%Annual Dividend$0.80Dividend Increase Track Record 21 YearsAnnualized 3-Year Dividend Growth 7.72%Dividend Payout Ratio 163.27% Recent Dividend Payment Jul. 15 Get Dividend Stock Ideas Daily Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Email Address Skip Charts & View Dividend HistoryALRS Dividend PaymentsOpen Alerus Financial in Dividend Calculator ALRS Dividend Yield Over Time Open Alerus Financial in Dividend Yield Calculator Ad MarketBeatWe just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.Start Your Risk-Free Trial Here Alerus Financial vs. The CompetitionTypeAlerus FinancialFinance CompaniesNASDAQ CompaniesAnnual Dividend$0.80$1.76$1.25Dividend Yield3.62%1,043.48%396.06%Annualized 3-Year Dividend Growth7.72%1,294.31%1,417.88%Track Record21 years16 years16 yearsAlerus Financial Dividend Payout RatioTypePayout RatioBased on Trailing 12 Months of Earnings163.27%Based on This Year's Estimates58.39%Based on Next Year's Estimates34.33%Based on Cashflow37.66% Alerus Financial Dividend History by QuarterAnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date5/21/2024Quarterly$0.204.1%6/14/20246/14/20247/15/20242/27/2024Quarterly$0.193.48%3/14/20243/15/20244/12/202412/14/2023Quarterly$0.193.37%12/26/202312/27/20231/12/20248/23/2023Quarterly$0.194.08%9/14/20239/15/202310/13/20235/10/2023Quarterly$0.195.52%6/14/20236/15/20237/14/20232/21/2023Quarterly$0.183.61%3/14/20233/15/20234/14/202311/3/2022Quarterly$0.183.32%12/22/202212/23/20221/13/20239/13/2022Quarterly$0.183.05%9/29/20229/30/202210/14/20225/11/2022Quarterly$0.182.74%6/16/20226/17/20227/8/20221/19/2022Quarterly$0.162.28%3/17/20223/18/20224/8/202211/23/2021Quarterly$0.161.95%12/22/202112/24/20211/14/20227/27/2021quarterly$0.162.3%9/16/20219/17/202110/8/20215/12/2021quarterly$0.162.1%6/17/20216/18/20217/9/20212/22/2021Quarterly$0.152.08%3/18/20213/19/20214/9/202111/17/2020Quarterly$0.152.44%12/17/202012/18/20201/8/202111/19/2020quarterly$0.152.4%12/17/202012/18/20201/8/20218/7/2020quarterly$0.153%9/17/20209/18/202010/9/20205/14/2020quarterly$0.153.6%6/12/20206/15/20207/10/20202/21/2020quarterly$0.152.8%3/19/20203/20/20204/10/202011/11/2019Quarterly$0.1512/19/201912/20/20191/10/20209/18/2019--$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 3.62%. Learn more on ALRS's dividend yield history. How much is Alerus Financial's annual dividend? The annual dividend for ALRS shares is $0.80. 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 $0.20 per share was made to shareholders on Monday, July 15, 2024. When was Alerus Financial's most recent ex-dividend date? Alerus Financial's most recent ex-dividend date was Friday, June 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 21 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 Tuesday, May 21, 2024. What is Alerus Financial's dividend payout ratio? The dividend payout ratio for ALRS is: 163.27% based on the trailing year of earnings 58.39% based on this year's estimates 34.33% based on next year's estimates 37.66% based on cash flow Is Alerus Financial a good dividend stock? Alerus Financial's dividend yield of 3.65% is lower than the average Finance company that issues a dividend. The company's 21 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Alerus Financial's dividend payout ratio of 163.27% may not be sustainable. However, based on earnings estimates, ALRS will have a more sustainable dividend payout ratio of 34.33% next year. More Dividend Resources from MarketBeat Related Companies: AMNB Dividend Yield FCF Dividend Yield NWBI Dividend Yield NBHC Dividend Yield CASH Dividend Yield HOPE Dividend Yield WABC Dividend Yield NIC Dividend Yield SASR Dividend Yield OCFC Dividend Yield Dividend Tools: Dividend Stocks Overview Dividend Investing Guide Dividend Newsletter Dividend Screener Dividend Capture Stocks Dividend Calculator Dividend Payout Ratio Calculator Dividend Tax Calculator Dividend Yield Calculator Ex-Dividend Calendar Dividend Announcements Dividend Increases Dividend Cuts Special Dividends Stock Lists: Best Dividend Stocks Blue Chip Stocks Cheap Dividend Stocks Dividend Achievers Dividend Aristocrats Dividend Challengers Dividend Champions Dividend Contenders Dividend ETFs Dividend Kings High-Yield REITs High-Yield Stocks Monthly Dividend Stocks Real Estate Investment Trusts Latest Articles: 3 High-Yield Dividend Stocks for Income Now and Growth LaterDividend King ABM Industries is on Track for New HighsWhy Altria Stock is Still a Good Dividend PlayGet Paid While You Wait - OneMain's Juicy DividendsAlphabet Changes the Narrative with Its First-Ever Dividend3 High Dividend Stocks to Replace Lower Savings Yields Ahead3 Small Dividend Paying Banks Insiders are BuyingProfit pillars: 5 Dividend aristocrats for reliable incomeHigher VIX just made Realty Income’s 6% dividend better More Dividend News This page (NASDAQ:ALRS) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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