Alerus Financial (ALRS) Dividends: History & Chart

Alerus Financial Corporation(ALRS)

Banks - Regional · Grand Forks, ND

$32.40-0.27 (-0.84%)

Delayed quote: Oct 5, 2026, 4:00 PM EDT

About Alerus Financial Corporation

Alerus Financial Corporation, operating primarily through its subsidiary Alerus Financial, National Association, delivers a broad spectrum of financial services to both commercial clients and individual consumers. The company organizes its operations across four distinct segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. Within its Banking segment, Alerus provides a comprehensive array of deposit solutions, including checking, savings, money market, and certificate of deposit accounts. It also supports businesses with robust treasury management products like electronic receivables management, remote deposit capture, cash vault services, and other cash management tools. Lending solutions encompass various commercial loans, such as business term loans, lines of credit, commercial real estate financing, and construction and land development loans, alongside consumer offerings like residential first and second mortgages and installment loans. The Retirement and Benefit Services division focuses on administering retirement plans, providing investment advisory services, managing employee stock ownership plans (ESOPs), and offering payroll, health savings accounts (HSAs), and other employee benefits, including individual retirement accounts (IRAs). Through Wealth Management, clients can access financial planning, investment management, personal and corporate trust services, estate administration, and custodial solutions. Additional offerings extend to debit and credit cards, modern online and mobile banking platforms, secure payment solutions, and exclusive private banking privileges, as well as flex spending accounts and government health insurance program services. Geographically, the company's banking services are delivered through fourteen offices located in North Dakota, Minnesota, and Arizona. Its Retirement and Benefit Services, however, boast a national footprint, serving clients in all 50 states from offices situated in Michigan, Minnesota, and Colorado. Founded in 1879, Alerus Financial Corporation was originally known as First National Bank North Dakota before adopting its current name in 2000. The company maintains its headquarters in Grand Forks, North Dakota.

Grand Forks, ND

843 employees

alerus.com

Financial Services / Banks - Regional

Sector: Financial Services
Industry: Banks - Regional
CEO: Katie A. Lorenson

View full financials

Year	Dividend/Share	YoY Growth
2026(YTD)	$0.65	Not comparable
2025	$0.83	+5.06%
2024	$0.79	+5.33%
2023	$0.75	+7.14%
2022	$0.70	+11.11%
2021	$0.63	+5.00%
2020	$0.60	+5.26%
2019	$0.57	+7.55%

Quarter	Dividend/Share	YoY Growth
Q3 2026	$0.22	+4.76%
Q2 2026	$0.22	+4.76%
Q1 2026	$0.21	+5.00%
Q4 2025	$0.21	+5.00%
Q3 2025	$0.21	+5.00%
Q2 2025	$0.21	+5.00%
Q1 2025	$0.20	+5.26%
Q4 2024	$0.20	+5.26%
Q3 2024	$0.20	+5.26%
Q2 2024	$0.20	+5.26%
Q1 2024	$0.19	+5.56%
Q4 2023	$0.19	+5.56%
Q3 2023	$0.19	+5.56%
Q2 2023	$0.19	+5.56%
Q1 2023	$0.18	+12.50%
Q4 2022	$0.18	+12.50%
Q3 2022	$0.18	+12.50%
Q2 2022	$0.18	+12.50%
Q1 2022	$0.16	+6.67%
Q4 2021	$0.16	+6.67%
Q3 2021	$0.16	+6.67%
Q2 2021	$0.16	+6.67%
Q1 2021	$0.15	+0.00%
Q4 2020	$0.15	+0.00%

Dividends

ALRS Dividend Summary

ALRS Dividends per Share (Nominal History)

ALRS Dividends CAGR Chart

ALRS Dividend Yield

ALRS Dividend Yield Chart

Annual Dividend History(ex-date basis)

Dividend Yield Metrics

Payout Ratio Analysis

Dividend Coverage

Quarterly Dividend History