Alerus Financial Corp (ALRS) Dividend Yield, History & Safety Analysis
Alerus Financial Corp (ALRS) pays a solid 3.33% dividend yield, or $0.84 per share annually at a stock price of $25.23. The payout ratio of 1% is well within sustainable levels, leaving room for future increases. The most recent ex-dividend date was March 27, 2026.
- Dividend Yield
- 3.33%
- Annual Dividend
- $0.84
- Payout Ratio
- 1.2%
- Ex-Dividend Date
- 2026-03-27
Frequently Asked Questions
What is ALRS's current dividend yield?
Alerus Financial Corp (ALRS) has a dividend yield of 3.33%, paying $0.84 per share annually.
How often does ALRS pay dividends?
Alerus Financial Corp typically pays dividends on a quarterly basis. The annual dividend totals $0.84 per share.
Is ALRS's dividend safe?
Alerus Financial Corp's dividend safety is rated "Safe." The payout ratio of 1% is well within sustainable levels, leaving room for future increases.
When is ALRS's next ex-dividend date?
The most recent ex-dividend date for Alerus Financial Corp was March 27, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is ALRS's payout ratio?
Alerus Financial Corp has a payout ratio of 1%, meaning it distributes 1% of its earnings as dividends. This leaves significant room for dividend growth.
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