# Alerus Financial Corporation (ALRS): Dividend & Fundamentals

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- Sector: Financial Services · Industry: Banks - Regional
- Exchange: NASDAQ · Trading currency: USD

Alerus Financial Corporation, operating primarily through its subsidiary Alerus Financial, National Association, delivers a broad spectrum of financial services to both commercial clients and individual consumers. The company organizes its operations across four distinct segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. Within its Banking segment, Alerus provides a comprehensive array of deposit solutions, including checking, savings, money market, and certificate of deposit accounts. It also supports businesses with robust treasury management products lik...

## Quote & Key Metrics

As of 2026-10-29:

| Metric | Value |
|---|---|
| Price | $33.03 USD |
| Market Cap | $823.4M |
| P/E (TTM) | 10.16 |
| EPS (TTM) | $3.25 |
| 52-Week Range | $20.31 – $34.40 |
| Dividend Yield (TTM) | 2.60% |

## Dividend

| Metric | Value |
|---|---|
| Yield (TTM) | 2.60% |
| Annual Dividend (TTM) | $0.86 /share |
| Annual Dividend (Forward) | $0.88 /share |
| Frequency | Quarterly |
| Consecutive Growth Streak | 33 years |
| Growth CAGR 1Y / 3Y / 5Y / 10Y | 4.8% / 5.0% / 6.6% / 7.2% |
| Payout Ratio (EPS, TTM) | 78.7% |
| Payout Ratio (FCF, TTM) | — |
| Payout Ratio (EPS, forward dividend) | 81.5% |
| Payout Ratio (FCF, forward dividend) | — |

### Recent Payments

| Ex-Date | Amount | Pay Date |
|---|---|---|
| 2026-09-25 | $0.2200 | 2026-10-09 |
| 2026-06-26 | $0.2200 | 2026-07-10 |
| 2026-03-27 | $0.2100 | 2026-04-10 |
| 2025-12-26 | $0.2100 | 2026-01-09 |
| 2025-09-26 | $0.2100 | 2025-10-10 |
| 2025-06-27 | $0.2100 | 2025-07-11 |
| 2025-03-14 | $0.2000 | 2025-04-11 |
| 2024-12-27 | $0.2000 | 2025-01-17 |
| 2024-09-13 | $0.2000 | 2024-10-11 |
| 2024-06-14 | $0.2000 | 2024-07-15 |
| 2024-03-14 | $0.1900 | 2024-04-12 |
| 2023-12-26 | $0.1900 | 2024-01-12 |

Full history: https://www.dividenddata.com/stocks/alrs/dividend

## Frequently Asked Questions

### What does Alerus Financial Corporation do?

Alerus Financial Corporation (ALRS) operates in the Banks - Regional industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.

### What is ALRS's market cap?

Alerus Financial Corporation (ALRS) has a market capitalization of approximately $823.4 million, as of October 29, 2026, based on the most recent share price and shares outstanding.

### Does ALRS pay a dividend?

Yes, Alerus Financial Corporation (ALRS) pays a dividend quarterly, with a trailing-twelve-month yield of 2.60%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

### How often does ALRS pay dividends?

Alerus Financial Corporation pays dividends quarterly. The forward annual rate is $0.88 per share at the current declared cadence. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is ALRS's payout ratio?

Alerus Financial Corporation's payout ratio is the percentage of earnings (and free cash flow) returned to shareholders as dividends. Current EPS and FCF coverage are shown in the payout cards above, with green / amber / red coloring indicating sustainability.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/stocks/alrs
- Dividend history & safety: https://www.dividenddata.com/stocks/alrs/dividend
- Earnings & EPS: https://www.dividenddata.com/stocks/alrs/earnings
- Financial statements: https://www.dividenddata.com/stocks/alrs/financials/income
- Valuation multiples: https://www.dividenddata.com/stocks/alrs/valuation
- Peer comparison: https://www.dividenddata.com/stocks/alrs/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.