ALRS Dividend History & Yield
Alerus Financial Corporation · NasdaqCM
Upcoming dividend payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Fri, Sep 25, 2026 (in 16 days) | Oct 9, 2026 | $0.22 | $22.00 | Declared |
| Fri, Dec 25, 2026 (in 107 days) | Jan 13, 2027 | $0.22 | $22.00 | Estimated |
| Fri, Mar 26, 2027 (in 198 days) | Apr 14, 2027 | $0.22 | $22.00 | Estimated |
| Fri, Jun 25, 2027 (in 289 days) | Jul 14, 2027 | $0.22 | $22.00 | Estimated |
Estimated dates and amounts are projected from ALRS's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $0.88 per share.
Dividend payment history
Last 40 payments per share. RegularSpecial
Annual dividends per share
How much ALRS do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 1,364 | $45,314 | $1,200 |
| $500 / month | 6,819 | $226,568 | $6,000 |
| $1,000 / month | 13,637 | $453,136 | $12,000 |
Based on the forward yield of 2.65%. $10,000 in ALRS would currently pay about $265 a year ($22 a month on average). Model reinvestment and growth →
ALRS dividend history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Jun 26, 2026 | Jul 10, 2026 | $0.22 | +4.8% |
| Mar 27, 2026 | Apr 10, 2026 | $0.21 | +0.0% |
| Dec 26, 2025 | Jan 9, 2026 | $0.21 | +0.0% |
| Sep 26, 2025 | Oct 10, 2025 | $0.21 | +0.0% |
| Jun 27, 2025 | Jul 11, 2025 | $0.21 | +5.0% |
| Mar 14, 2025 | Apr 11, 2025 | $0.20 | +0.0% |
| Dec 27, 2024 | Jan 17, 2025 | $0.20 | +0.0% |
| Sep 13, 2024 | Oct 11, 2024 | $0.20 | +0.0% |
| Jun 14, 2024 | Jul 15, 2024 | $0.20 | +5.3% |
| Mar 14, 2024 | Apr 12, 2024 | $0.19 | +0.0% |
| Dec 26, 2023 | Jan 12, 2024 | $0.19 | +0.0% |
| Sep 14, 2023 | Oct 13, 2023 | $0.19 | +0.0% |
| Jun 14, 2023 | Jul 14, 2023 | $0.19 | +5.6% |
| Mar 14, 2023 | Apr 14, 2023 | $0.18 | +0.0% |
| Dec 22, 2022 | Jan 13, 2023 | $0.18 | +0.0% |
| Sep 29, 2022 | Oct 14, 2022 | $0.18 | +0.0% |
| Jun 16, 2022 | Jul 8, 2022 | $0.18 | +12.5% |
| Mar 17, 2022 | Apr 8, 2022 | $0.16 | +0.0% |
| Dec 22, 2021 | Jan 14, 2022 | $0.16 | +0.0% |
| Sep 16, 2021 | Oct 8, 2021 | $0.16 | +0.0% |
| Jun 17, 2021 | Jul 9, 2021 | $0.16 | +6.7% |
| Mar 18, 2021 | Apr 9, 2021 | $0.15 | +0.0% |
| Dec 17, 2020 | Jan 8, 2021 | $0.15 | +0.0% |
| Sep 17, 2020 | Oct 9, 2020 | $0.15 | +0.0% |
| Jun 12, 2020 | Jul 10, 2020 | $0.15 | +0.0% |
| Mar 19, 2020 | Apr 10, 2020 | $0.15 | +0.0% |
| Dec 19, 2019 | Jan 10, 2020 | $0.15 | +7.1% |
| Sep 19, 2019 | Oct 11, 2019 | $0.14 | +0.0% |
| Jun 20, 2019 | — | $0.14 | +0.0% |
| Mar 21, 2019 | — | $0.14 | +0.0% |
| Dec 20, 2018 | — | $0.14 | +7.7% |
| Sep 20, 2018 | — | $0.13 | +0.0% |
| Jun 21, 2018 | — | $0.13 | +0.0% |
| Mar 22, 2018 | — | $0.13 | +8.3% |
| Dec 21, 2017 | — | $0.12 | +0.0% |
| Sep 21, 2017 | — | $0.12 | +0.0% |
| Jun 21, 2017 | — | $0.12 | +0.0% |
| Mar 22, 2017 | — | $0.12 | +9.1% |
| Dec 21, 2016 | — | $0.11 | +0.0% |
| Sep 21, 2016 | — | $0.11 | +0.0% |
| Jun 15, 2016 | — | $0.11 | +0.0% |
| Mar 16, 2016 | — | $0.11 | +0.0% |
| Dec 16, 2015 | — | $0.11 | +0.0% |
| Sep 16, 2015 | — | $0.11 | +10.0% |
| Jun 17, 2015 | — | $0.10 | +0.0% |
| Mar 18, 2015 | — | $0.10 | +0.0% |
| Dec 17, 2014 | — | $0.10 | +0.0% |
| Sep 18, 2014 | — | $0.10 | +7.1% |
| Jun 18, 2014 | — | $0.0933 | +3.7% |
| Mar 19, 2014 | — | $0.09 | +3.8% |
| Dec 18, 2013 | — | $0.0867 | +0.0% |
| Sep 18, 2013 | — | $0.0867 | +4.0% |
| Jun 19, 2013 | — | $0.0833 | +0.0% |
| Mar 20, 2013 | — | $0.0833 | +4.2% |
| Sep 19, 2012 | — | $0.08 | +4.3% |
| Jun 20, 2012 | — | $0.0767 | +0.0% |
| Mar 21, 2012 | — | $0.0767 | +0.0% |
| Dec 21, 2011 | — | $0.0767 | +4.5% |
| Sep 21, 2011 | — | $0.0733 | +0.0% |
| Jun 15, 2011 | — | $0.0733 | +0.0% |
| Mar 16, 2011 | — | $0.0733 | +0.0% |
| Dec 21, 2010 | — | $0.0733 | +0.0% |
| Sep 15, 2010 | — | $0.0733 | +0.0% |
| Jun 16, 2010 | — | $0.0733 | +0.0% |
| Mar 17, 2010 | — | $0.0733 | +4.8% |
| Dec 16, 2009 | — | $0.07 | +0.0% |
| Sep 18, 2009 | — | $0.07 | +0.0% |
| Jun 17, 2009 | — | $0.07 | +0.0% |
| Mar 18, 2009 | — | $0.07 | +0.0% |
| Dec 17, 2008 | — | $0.07 | +5.0% |
| Sep 17, 2008 | — | $0.0667 | +11.1% |
| Jun 18, 2008 | — | $0.06 | +0.0% |
| Mar 18, 2008 | — | $0.06 | +0.0% |
| Dec 19, 2007 | — | $0.06 | +0.0% |
| Sep 19, 2007 | — | $0.06 | +2.9% |
| Jun 20, 2007 | — | $0.0583 | +2.9% |
| Mar 21, 2007 | — | $0.0567 | +0.0% |
| Dec 22, 2006 | — | $0.0567 | +6.3% |
| Sep 21, 2006 | — | $0.0533 | +0.0% |
| Jun 21, 2006 | — | $0.0533 | +6.7% |
| Mar 22, 2006 | — | $0.05 | +0.0% |
| Dec 30, 2005 | — | $0.05 | +3.4% |
| Sep 21, 2005 | — | $0.0483 | +0.0% |
| Jun 15, 2005 | — | $0.0483 | +3.6% |
| Mar 16, 2005 | — | $0.0467 | +3.7% |
| Dec 21, 2004 | — | $0.045 | +0.0% |
| Sep 15, 2004 | — | $0.045 | +3.8% |
| Jun 16, 2004 | — | $0.0433 | +4.0% |
| Mar 17, 2004 | — | $0.0417 | +0.0% |
| Dec 17, 2003 | — | $0.0417 | +4.2% |
| Sep 17, 2003 | — | $0.04 | +4.3% |
| Jun 18, 2003 | — | $0.0383 | — |
ALRS dividend increases & cuts
Market-wide changes →| Ex-date | Change | Old | New | Status |
|---|---|---|---|---|
| Jun 26, 2026 | Raised 4.8% | $0.21 | $0.22 | Paid |
Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.
Payout risk check
ALRS scores 0/100 on our yield-trap heuristic (low risk).
No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About Alerus Financial Corporation
Alerus Financial Corporation operates as the bank holding company for Alerus Financial, National Association that provides various financial services to businesses and consumers in the United States. The company operates in three segments: Banking, Retirement and Benefit Services, and Wealth. It offers demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, noninterest-bearing deposits, interest-bearing checking accounts, and certificates of deposit; and treasury management products, including electronic receivables management, remote deposit capture, cash vault, merchant, and other cash management services.
Sector: Financial Services. Industry: Banks - Regional. First dividend on our records: Jun 18, 2003. 92 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.
ALRS dividend FAQ
When is ALRS's next ex-dividend date?
ALRS's next ex-dividend date is Sep 25, 2026 (in 16 days, declared by the company). You must own the shares before that date to receive the payment of about $0.22 per share, expected on Oct 9, 2026.
How often does ALRS pay dividends?
ALRS pays dividends every quarter, 4 times a year. The most recent payment was $0.22 per share with an ex-date of Jun 26, 2026.
What is ALRS's dividend yield?
ALRS's trailing 12-month dividend yield is 2.56%, based on $0.85 per share paid over the last year and a share price of $33.23. The forward yield, using the indicated annual rate of $0.88 per share, is 2.65%.
How much does ALRS pay per share?
ALRS pays about $0.22 per share each quarter, which works out to roughly $0.88 per share a year. 100 shares would collect about $88.00 a year.
Has ALRS grown or cut its dividend?
ALRS has raised its annual dividend for 5 consecutive years. Over the last 5 years the regular payout has grown at 6.9% a year (+4.9% over the last year). There has been no cut to a regular payment in the last 5 years.
How many shares of ALRS do I need to earn $100 a month?
At the current forward yield of 2.65%, you would need about 1,364 shares of ALRS (roughly $45,314 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.
Similar dividend stocks
| Symbol | Type | Price | TTM yield | Annual / share | Frequency | Next ex-date | Trend |
|---|---|---|---|---|---|---|---|
| JPMJPMorgan Chase & Co. | Stock | $353.51 | 1.70% | $6.00 | Quarterly | Oct 5 Est. | |
| VVisa Inc. | Stock | $368.64 | 0.73% | $2.68 | Quarterly | Nov 10 Est. | |
| MAMastercard Incorporated | Stock | $570.89 | 0.59% | $3.48 | Quarterly | Oct 8 Est. | |
| BACBank of America Corporation | Stock | $62.39 | 1.86% | $1.28 | Quarterly | Dec 4 Est. | |
| HSBCHSBC Holdings plc | Stock | $106.26 | 3.53% | $2.00 | Quarterly | Nov 16 Est. | |
| MSMorgan Stanley | Stock | $216.24 | 1.92% | $4.60 | Quarterly | Oct 31 Est. | |
| GSThe Goldman Sachs Group, Inc. | Stock | $1,036.53 | 1.74% | $20.00 | Quarterly | Dec 1 Est. | |
| RYRoyal Bank of Canada | Stock | $209.00 | 1.17% | $4.996 | Quarterly | Oct 26 Declared |