Free Trial

Alerus Financial (ALRS) Dividend Yield, Date & History

Alerus Financial logo
$22.09 -0.06 (-0.27%)
(As of 11/15/2024 ET)

Dividend Summary

Dividend Yield
3.62%
Annual Dividend
$0.80
Dividend Increase
Track Record
21 Years
Annualized 3-Year
Dividend Growth
7.72%
Dividend Payout Ratio
500.03%
Recent
Dividend Payment
Oct. 11
Skip Charts & View Dividend History

Alerus Financial vs. The Competition

TypeAlerus FinancialFinance CompaniesNASDAQ Companies
Annual Dividend$0.80$1.69$1.29
Dividend Yield3.62%595.26%407.61%
Annualized 3-Year Dividend Growth7.72%12.92%14.41%
Track Record21 years18 years19 years

Alerus Financial Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings500.03%
Based on This Year's Estimates82.47%
Based on Next Year's Estimates40.40%
Based on Cashflow37.92%

Alerus Financial Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/20/2024Quarterly$0.203.72%9/13/20249/13/202410/11/2024
5/21/2024Quarterly$0.204.1%6/14/20246/14/20247/15/2024
2/27/2024Quarterly$0.193.48%3/14/20243/15/20244/12/2024
12/14/2023Quarterly$0.193.37%12/26/202312/27/20231/12/2024
8/23/2023Quarterly$0.194.08%9/14/20239/15/202310/13/2023
5/10/2023Quarterly$0.195.52%6/14/20236/15/20237/14/2023
2/21/2023Quarterly$0.183.61%3/14/20233/15/20234/14/2023
11/3/2022Quarterly$0.183.32%12/22/202212/23/20221/13/2023
9/13/2022Quarterly$0.183.05%9/29/20229/30/202210/14/2022
5/11/2022Quarterly$0.182.74%6/16/20226/17/20227/8/2022
1/19/2022Quarterly$0.162.28%3/17/20223/18/20224/8/2022
11/23/2021Quarterly$0.161.95%12/22/202112/24/20211/14/2022
7/27/2021quarterly$0.162.3%9/16/20219/17/202110/8/2021
5/12/2021quarterly$0.162.1%6/17/20216/18/20217/9/2021
2/22/2021Quarterly$0.152.08%3/18/20213/19/20214/9/2021
11/17/2020Quarterly$0.152.44%12/17/202012/18/20201/8/2021
11/19/2020quarterly$0.152.4%12/17/202012/18/20201/8/2021
8/7/2020quarterly$0.153%9/17/20209/18/202010/9/2020
5/14/2020quarterly$0.153.6%6/12/20206/15/20207/10/2020
2/21/2020quarterly$0.152.8%3/19/20203/20/20204/10/2020
11/11/2019Quarterly$0.1512/19/201912/20/20191/10/2020
9/18/2019--$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 Friday, October 11, 2024.

When was Alerus Financial's most recent ex-dividend date?

Alerus Financial's most recent ex-dividend date was Friday, September 13, 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:
  • 500.03% based on the trailing year of earnings
  • 82.47% based on this year's estimates
  • 40.40% based on next year's estimates
  • 37.92% based on cash flow
Is Alerus Financial a good dividend stock?

Alerus Financial's dividend yield of 3.62% 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 500.03% may not be sustainable. However, based on earnings estimates, ALRS will have a more sustainable dividend payout ratio of 40.40% next year.


This page (NASDAQ:ALRS) was last updated on 11/17/2024 by MarketBeat.com Staff
From Our Partners