Alerus Financial Corporation (ALRS) Raises Quarterly Dividend 5.6% to $0.19; 5.5% Yield

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Alerus Financial Corporation Declares Cash Dividend on Common Shares

May 11, 2023 4:42 PM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.19 per common share, a 5.56% increase over the dividend paid a year ago. The dividend is payable on July 14, 2023, to shareholders of record as of close of business on June 15, 2023. Current and historic dividend information, as well as... More