Alerus Financial Raises Quarterly Dividend 5% to $0.21 Per Share
Alerus Financial Corporation (NASDAQ: ALRS), a commercial wealth bank and retirement services provider, declared a quarterly cash dividend of $0.21 per share. The payout represents a 5% increase from the $0.20 dividend paid a year ago.
Alerus Financial Corporation (NASDAQ: ALRS), a commercial wealth bank and retirement services provider, declared a quarterly cash dividend of $0.21 per share on February 25, 2026. The payout represents a 5% increase from the $0.20 dividend paid a year ago. Read more dividend announcements.
The dividend is payable April 10, 2026, to shareholders of record as of March 27, 2026.
| Dividend Details | Date |
|---|---|
| Amount | $0.21 per share |
| Record Date | March 27, 2026 |
| Payment Date | April 10, 2026 |
| Previous Amount | $0.20 per share |
| Increase | 5.00% |
About the Company
Alerus Financial operates through its subsidiary Alerus Financial, National Association, providing banking, wealth services, and retirement and benefit plan services to business and consumer clients. The company maintains 26 banking and commercial wealth offices across North Dakota, Minnesota, Iowa, Wisconsin, and Arizona.
The Grand Forks, North Dakota-based company serves clients through diversified financial solutions including commercial banking, wealth management, and retirement services delivered through a national platform.