Alerus Financial Corporation (ALRS) Raises Quarterly Dividend 5.3% to $0.20; 3.7% Yield

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Alerus Financial Corporation Declares Cash Dividend on Common Shares

August 21, 2024 4:30 PM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.20 per common share on August 20, 2024, a 5.26% increase over the dividend paid a year ago. The dividend is payable on October 11, 2024, to stockholders of record as of close of business on September 13, 2024. Current and historic dividend information, as well as quarterly financial statements, investor presentations, and earnings call transcripts are available online through Alerus investor relations website at... More