Alerus Financial Corporation (ALRS) Dividend History
ALRS latest dividend
The next dividend has not been announced yet.
- 21 yearsof dividend increases
- 1995paying since
- Quarterly4 payments a year
- +6.7%5-year growth a year
- 2.81%forward yield
ALRS dividend income calculator
- Dividend income a year
- $88
- Each payment
- $22
- Value of the shares
- $3,134
- Dividend yield
- 2.81%
At the latest close; forward annual dividend $0.88 per share, before tax.
ALRS dividends per share by year
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
ALRS dividend safety
Descriptive bands, not a rating.
ALRS yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $20.99 | 4.19% | $0.86 | 4.1% |
| 3 years ago | $17.76 | 4.95% | $2.46 | 13.9% |
| 5 years ago | $31.84 | 2.76% | $3.88 | 12.2% |
| 10 years ago | $16.95 | 5.19% | $6.64 | 39.2% |
| 20 years ago | $11.67 | 7.54% | $9.85 | 84.4% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
ALRS dividend payments
Each bar is one payment, by ex-dividend month (last 40 payments).
ALRS dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $0.83 | +5.1% | 3.69% | 4 |
| 2024 | $0.79 | +5.3% | 4.11% | 4 |
| 2023 | $0.75 | +7.1% | 3.35% | 4 |
| 2022 | $0.70 | +11.1% | 3.00% | 4 |
| 2021 | $0.63 | +5.0% | 2.15% | 4 |
| 2020 | $0.60 | +5.3% | 2.19% | 4 |
| 2019 | $0.57 | +7.5% | 2.49% | 4 |
| 2018 | $0.53 | +10.4% | 2.75% | 4 |
| 2017 | $0.48 | +9.1% | 2.35% | 4 |
| 2016 | $0.44 | +4.8% | 2.59% | 4 |
| 2015 | $0.42 | +9.6% | 2.22% | 4 |
| 2014 | $0.38 | +12.7% | 1.94% | 4 |
| 2013 | $0.34 | +8.5% | 2.00% | 4 |
| 2012 | $0.31 | +5.6% | 3.03% | 4 |
| 2011 | $0.30 | +1.1% | 3.49% | 4 |
| 2010 | $0.29 | +4.8% | 3.61% | 4 |
| 2009 | $0.28 | +7.7% | 3.91% | 4 |
| 2008 | $0.26 | +10.6% | 3.38% | 4 |
| 2007 | $0.23 | +10.2% | 2.18% | 4 |
| 2006 | $0.21 | — | 1.78% | 4 |
ALRS dividend history
125 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-09-25 | 2026-10-09 | $0.22 | — | Quarterly |
| 2026-06-26 | 2026-07-10 | $0.22 | +4.8% | Quarterly |
| 2026-03-27 | 2026-04-10 | $0.21 | — | Quarterly |
| 2025-12-26 | 2026-01-09 | $0.21 | — | Quarterly |
| 2025-09-26 | 2025-10-10 | $0.21 | — | Quarterly |
| 2025-06-27 | 2025-07-11 | $0.21 | +5.0% | Quarterly |
| 2025-03-14 | 2025-04-11 | $0.2 | — | Quarterly |
| 2024-12-27 | 2025-01-17 | $0.2 | — | Quarterly |
| 2024-09-13 | 2024-10-11 | $0.2 | — | Quarterly |
| 2024-06-14 | 2024-07-15 | $0.2 | +5.3% | Quarterly |
| 2024-03-14 | 2024-04-12 | $0.19 | — | Quarterly |
| 2023-12-26 | 2024-01-12 | $0.19 | — | Quarterly |
| 2023-09-14 | 2023-10-13 | $0.19 | — | Quarterly |
| 2023-06-14 | 2023-07-14 | $0.19 | +5.6% | Quarterly |
| 2023-03-14 | 2023-04-14 | $0.18 | — | Quarterly |
| 2022-12-22 | 2023-01-13 | $0.18 | — | Quarterly |
Show all 125 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-09-29 | 2022-10-14 | $0.18 | — | Quarterly |
| 2022-06-16 | 2022-07-08 | $0.18 | +12.5% | Quarterly |
| 2022-03-17 | 2022-04-08 | $0.16 | — | Quarterly |
| 2021-12-22 | 2022-01-14 | $0.16 | — | Quarterly |
| 2021-09-16 | 2021-10-08 | $0.16 | — | Quarterly |
| 2021-06-17 | 2021-07-09 | $0.16 | +6.7% | Quarterly |
| 2021-03-18 | 2021-04-09 | $0.15 | — | Quarterly |
| 2020-12-17 | 2021-01-08 | $0.15 | — | Quarterly |
| 2020-09-17 | 2020-10-09 | $0.15 | — | Quarterly |
| 2020-06-12 | 2020-07-10 | $0.15 | — | Quarterly |
| 2020-03-19 | 2020-04-10 | $0.15 | — | Quarterly |
| 2019-12-19 | 2020-01-10 | $0.15 | +7.1% | Quarterly |
| 2019-09-19 | 2019-10-11 | $0.14 | — | Quarterly |
| 2019-06-20 | 2019-07-12 | $0.14 | — | Quarterly |
| 2019-03-21 | 2019-04-12 | $0.14 | — | Quarterly |
| 2018-12-20 | 2019-01-11 | $0.14 | +7.7% | Quarterly |
| 2018-09-20 | 2018-10-12 | $0.13 | — | Quarterly |
| 2018-06-21 | 2018-07-13 | $0.13 | — | Quarterly |
| 2018-03-22 | 2018-04-13 | $0.13 | +8.3% | Quarterly |
| 2017-12-21 | 2018-01-12 | $0.12 | — | Quarterly |
| 2017-09-21 | 2017-10-13 | $0.12 | — | Quarterly |
| 2017-06-21 | 2017-07-14 | $0.12 | — | Quarterly |
| 2017-03-22 | 2017-04-14 | $0.12 | +9.1% | Quarterly |
| 2016-12-21 | 2017-01-13 | $0.11 | — | Quarterly |
| 2016-09-21 | 2016-10-14 | $0.11 | — | Quarterly |
| 2016-06-15 | 2016-07-08 | $0.11 | — | Quarterly |
| 2016-03-16 | 2016-04-08 | $0.11 | — | Quarterly |
| 2015-12-16 | 2016-01-08 | $0.11 | — | Quarterly |
| 2015-09-16 | 2015-10-09 | $0.11 | +10.0% | Quarterly |
| 2015-06-17 | 2015-07-10 | $0.1 | — | Quarterly |
| 2015-03-18 | 2015-04-10 | $0.1 | — | Quarterly |
| 2014-12-17 | 2015-01-09 | $0.1 | — | Quarterly |
| 2014-09-18 | 2014-10-10 | $0.1 | +7.1% | Quarterly |
| 2014-06-18 | 2014-07-11 | $0.0933 | +3.7% | Quarterly |
| 2014-03-19 | 2014-04-11 | $0.09 | +3.8% | Quarterly |
| 2013-12-18 | 2014-01-10 | $0.0867 | — | Quarterly |
| 2013-09-18 | 2013-10-11 | $0.0867 | +4.0% | Quarterly |
| 2013-06-19 | 2013-07-12 | $0.0833 | — | Quarterly |
| 2013-03-20 | 2013-04-12 | $0.0833 | +4.2% | Quarterly |
| 2012-12-19 | 2013-01-11 | $0.08 | — | Quarterly |
| 2012-09-19 | 2012-10-12 | $0.08 | +4.3% | Quarterly |
| 2012-06-20 | 2012-07-13 | $0.0767 | — | Quarterly |
| 2012-03-21 | 2012-04-13 | $0.0767 | — | Quarterly |
| 2011-12-21 | 2012-01-13 | $0.0767 | +4.6% | Quarterly |
| 2011-09-21 | 2011-10-14 | $0.0733 | — | Quarterly |
| 2011-06-15 | 2011-07-08 | $0.0733 | — | Quarterly |
| 2011-03-16 | 2011-04-08 | $0.0733 | — | Quarterly |
| 2010-12-21 | 2011-01-14 | $0.0733 | — | Quarterly |
| 2010-09-15 | 2010-10-08 | $0.0733 | — | Quarterly |
| 2010-06-16 | 2010-07-09 | $0.0733 | — | Quarterly |
| 2010-03-17 | 2010-04-09 | $0.0733 | +4.8% | Quarterly |
| 2009-12-16 | 2010-01-08 | $0.07 | — | Quarterly |
| 2009-09-18 | 2009-10-09 | $0.07 | — | Quarterly |
| 2009-06-17 | 2009-07-10 | $0.07 | — | Quarterly |
| 2009-03-18 | 2009-04-10 | $0.07 | — | Quarterly |
| 2008-12-17 | 2009-01-09 | $0.07 | +5.0% | Quarterly |
| 2008-09-17 | 2008-10-10 | $0.0667 | +11.1% | Quarterly |
| 2008-06-18 | 2008-07-11 | $0.06 | −5.3% | Quarterly |
| 2008-03-18 | 2008-04-11 | $0.0633 | +5.6% | Quarterly |
| 2007-12-19 | 2008-01-12 | $0.06 | — | Quarterly |
| 2007-09-19 | 2007-10-12 | $0.06 | +2.9% | Quarterly |
| 2007-06-20 | 2007-07-13 | $0.0583 | +2.9% | Quarterly |
| 2007-03-21 | 2007-04-13 | $0.0567 | — | Quarterly |
| 2006-12-22 | 2007-01-12 | $0.0567 | +6.3% | Quarterly |
| 2006-09-21 | 2006-10-13 | $0.0533 | — | Quarterly |
| 2006-06-21 | 2006-07-14 | $0.0533 | +6.7% | Quarterly |
| 2006-03-22 | 2006-04-14 | $0.05 | — | Quarterly |
| 2005-12-30 | 2006-01-13 | $0.05 | +3.5% | Quarterly |
| 2005-09-21 | 2005-10-14 | $0.0483 | — | Quarterly |
| 2005-06-15 | 2005-07-08 | $0.0483 | +3.6% | Quarterly |
| 2005-03-16 | 2005-04-08 | $0.0467 | +3.7% | Quarterly |
| 2004-12-21 | 2005-01-14 | $0.045 | — | Quarterly |
| 2004-09-15 | 2004-10-08 | $0.045 | +3.9% | Quarterly |
| 2004-06-16 | 2004-07-09 | $0.0433 | +4.0% | Quarterly |
| 2004-03-17 | 2004-04-09 | $0.0417 | — | Quarterly |
| 2003-12-17 | 2004-01-09 | $0.0417 | +4.2% | Quarterly |
| 2003-09-17 | 2003-10-10 | $0.04 | +4.4% | Quarterly |
| 2003-06-18 | 2003-07-11 | $0.0383 | — | Quarterly |
| 2003-03-19 | 2003-04-11 | $0.0383 | +4.5% | Quarterly |
| 2003-01-02 | 2003-01-10 | $0.0367 | — | Quarterly |
| 2002-09-20 | 2002-10-11 | $0.0367 | +4.8% | Quarterly |
| 2002-06-19 | 2002-07-12 | $0.035 | — | Quarterly |
| 2002-03-20 | 2002-04-12 | $0.035 | +5.0% | Quarterly |
| 2001-12-28 | 2002-01-11 | $0.0333 | — | Quarterly |
| 2001-09-19 | 2001-10-12 | $0.0333 | +5.2% | Quarterly |
| 2001-06-20 | 2001-07-13 | $0.0317 | — | Quarterly |
| 2001-03-21 | 2001-04-13 | $0.0317 | +5.6% | Quarterly |
| 2000-12-21 | 2001-01-12 | $0.03 | — | |
| 2000-09-20 | 2000-10-13 | $0.03 | +5.9% | Quarterly |
| 2000-06-22 | 2000-07-14 | $0.0283 | — | Quarterly |
| 2000-03-22 | 2000-04-14 | $0.0283 | +13.3% | Quarterly |
| 2000-01-06 | 2000-01-14 | $0.025 | −6.3% | Quarterly |
| 1999-09-22 | 1999-10-08 | $0.0267 | +6.7% | Quarterly |
| 1999-06-16 | 1999-07-09 | $0.025 | — | |
| 1999-03-23 | 1999-04-09 | $0.025 | +7.2% | |
| 1999-01-11 | 1999-01-08 | $0.0233 | — | |
| 1998-10-13 | 1998-10-09 | $0.0233 | +7.7% | |
| 1998-06-22 | 1998-07-10 | $0.0217 | — | Quarterly |
| 1998-03-27 | 1998-04-10 | $0.0217 | +8.3% | Quarterly |
| 1997-10-14 | — | $0.02 | — | |
| 1997-09-14 | 1997-10-10 | $0.02 | — | Quarterly |
| 1997-07-11 | 1997-07-11 | $0.02 | +9.1% | Quarterly |
| 1997-04-02 | 1997-04-11 | $0.0183 | — | Quarterly |
| 1996-12-18 | 1997-01-10 | $0.0183 | +4.7% | Quarterly |
| 1996-09-27 | 1996-10-11 | $0.0175 | — | Quarterly |
| 1996-06-19 | 1996-07-12 | $0.0175 | +5.0% | Quarterly |
| 1996-03-20 | 1996-04-12 | $0.0167 | — | Quarterly |
| 1995-12-20 | 1996-01-12 | $0.0167 | +5.3% | Quarterly |
| 1995-09-20 | 1995-10-13 | $0.0158 | — | Quarterly |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
ALRS stock split history
- 959692:319897September 15, 2014
- 2:1April 12, 2004
- 2:1January 13, 1997
ALRS dividend overview
Alerus Financial pays an annual dividend of $0.88 per share, a yield of 2.81% at the latest close, paid quarterly. It paid $0.83 per share in 2025, up 5.1% from 2024. It has raised its dividend for 21 consecutive years. Over five years the dividend grew 6.7% a year on average and over ten years 7.0% a year. The payout ratio is 27.0% of trailing earnings.
Related: ALRS cash flow statement, ALRS key metrics, ALRS chart. See the ALRS stock overview for the latest quote and news.
ALRS dividends FAQ
Does Alerus Financial pay a dividend?
Yes. Alerus Financial has paid a regular dividend since 1995, quarterly, most recently $0.22 per share with an ex-dividend date of September 25, 2026.
What is Alerus Financial's dividend yield?
Alerus Financial's forward annual dividend is $0.88 per share, a dividend yield of 2.81% at the latest close of $31.34.
How often does Alerus Financial pay dividends?
Alerus Financial pays dividends quarterly.
How fast is Alerus Financial's dividend growing?
Alerus Financial's dividend per share grew from $0.60 in 2020 to $0.83 in 2025, 6.7% a year on average over five years; it has increased for 21 years in a row.
What is Alerus Financial's dividend payout ratio?
Alerus Financial pays out 27.0% of its trailing earnings as dividends and 35.4% of its free cash flow (fiscal 2025).
Has Alerus Financial split its stock?
Alerus Financial has split its stock 3 times: 959692:319897 on September 15, 2014, 2:1 on April 12, 2004, 2:1 on January 13, 1997. Dividends per share on this page are adjusted for splits.