ALRS Dividend History & Analysis | 4% Yield

ALRS has a dividend yield of 4% and paid 0.83 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.95%
Payout Ratio 26.0%
Growth Rate CAGR 5y 7.14%
Consistency Lifetime 98.4%
Yield on Cost 5y 3.53%
Payout FCF 35.4%
Streak Years 31
Dividend Rating 71.27%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Diversified Financial Services

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
MSDL 1,407 M 11.3% 12.0%
JXN 8,223 M 3.61% 12.6%
IX 33,878 M 3.48% 7.0%
CRBG 15,187 M 3.04% 5.85%
EQH 12,435 M 2.09% 4.37%
Top 4 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
VOYA 7,468 M 27.2% 95.0%
JXN 8,223 M 13.3% 100%
CRBG 15,187 M 27.8% 76.8%
EQH 12,435 M 10.3% 100%

ALRS Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-12-26 2025-12-26 2026-01-09 Quarterly 0.21 0% 0.96%
2025-09-26 2025-09-26 2025-10-10 Quarterly 0.21 0% 0.93%
2025-06-27 2025-06-27 2025-07-11 Quarterly 0.21 5% 0.95%
2025-03-14 2025-03-14 2025-04-11 Quarterly 0.2 0% 1.06%
2024-12-27 2024-12-27 2025-01-17 Quarterly 0.2 0% 1.03%
2024-09-13 2024-09-13 2024-10-11 Quarterly 0.2 0% 0.94%
2024-06-14 2024-06-14 2024-07-15 Quarterly 0.2 5.3% 1.09%
2024-03-14 2024-03-15 2024-04-12 Quarterly 0.19 0% 0.86%
2023-12-26 2023-12-27 2024-01-12 Quarterly 0.19 0% 0.85%
2023-09-14 2023-09-15 2023-10-13 Quarterly 0.19 0% 1.03%
2023-06-14 2023-06-15 2023-07-14 Quarterly 0.19 5.6% 1.04%
2023-03-14 2023-03-15 2023-04-14 Quarterly 0.18 0% 1.03%
2022-12-22 2022-12-23 2023-01-13 Quarterly 0.18 0% 0.78%
2022-09-29 2022-09-30 2022-10-14 Quarterly 0.18 0% 0.81%
2022-06-16 2022-06-17 2022-07-08 Quarterly 0.18 12.5% 0.79%
2022-03-17 2022-03-18 2022-04-08 Quarterly 0.16 0% 0.55%
2021-12-22 2021-12-24 2022-01-14 Quarterly 0.16 0% 0.56%
2021-09-16 2021-09-17 2021-10-08 Quarterly 0.16 0% 0.58%
2021-06-17 2021-06-18 2021-07-09 Quarterly 0.16 6.7% 0.49%
2021-03-18 2021-03-19 2021-04-09 Quarterly 0.15 0% 0.46%
2020-12-17 2020-12-18 2021-01-08 Quarterly 0.15 0% N/A
2020-09-17 2020-09-18 2020-10-09 Quarterly 0.15 0% N/A
2020-06-12 2020-06-15 2020-07-10 Quarterly 0.15 0% N/A
2020-03-19 2020-03-20 2020-04-10 Quarterly 0.15 0% N/A
2019-12-19 2019-12-20 2020-01-10 Quarterly 0.15 7.1% N/A
2019-09-19 2019-09-20 2019-10-11 Quarterly 0.14 0% N/A
2019-06-20 2019-06-21 2019-07-12 Quarterly 0.14 0% N/A
2019-03-21 2019-03-22 2019-04-12 Quarterly 0.14 0% N/A
2018-12-20 2018-12-21 2019-01-11 Quarterly 0.14 7.7% N/A
2018-09-20 2018-09-21 2018-10-12 Quarterly 0.13 0% N/A
2018-06-21 2018-06-22 2018-07-13 Quarterly 0.13 0% N/A
2018-03-22 2018-03-23 2018-04-13 Quarterly 0.13 8.3% N/A
2017-12-21 2017-12-22 2018-01-12 Quarterly 0.12 0% N/A
2017-09-21 2017-09-22 2017-10-13 Quarterly 0.12 0% N/A
2017-06-21 2017-06-23 2017-07-14 Quarterly 0.12 0% N/A
2017-03-22 2017-03-24 2017-04-14 Quarterly 0.12 9.1% N/A
2016-12-21 2016-12-23 2017-01-13 Quarterly 0.11 0% N/A
2016-09-21 2016-09-23 2016-10-14 Quarterly 0.11 0% N/A
2016-06-15 2016-06-17 2016-07-08 Quarterly 0.11 0% N/A
2016-03-16 2016-03-18 2016-04-08 Quarterly 0.11 0% N/A
2015-12-16 2015-12-18 2016-01-08 Quarterly 0.11 0% N/A
2015-09-16 2015-09-18 2015-10-09 Quarterly 0.11 10% N/A
2015-06-17 2015-06-19 2015-07-10 Quarterly 0.1 0% N/A
2015-03-18 2015-03-20 2015-04-10 Quarterly 0.1 0% N/A
2014-12-17 2014-12-19 2015-01-09 Quarterly 0.1 0% N/A
2014-09-18 2014-09-22 2014-10-10 Quarterly 0.1 -64.3% N/A
2014-06-18 2014-06-20 2014-07-11 Quarterly 0.28 3.7% N/A
2014-03-19 2014-03-21 2014-04-11 Quarterly 0.27 3.8% N/A
2013-12-18 2013-12-20 2014-01-10 Quarterly 0.26 0% N/A
2013-09-18 2013-09-20 2013-10-11 Quarterly 0.26 0% N/A

ALRS Dividend FAQ

Alerus Financial Corp (NASDAQ: ALRS) is a bank-holding company that operates through three primary segments-Banking, Retirement & Benefit Services, and Wealth. It offers a full suite of deposit products (including demand, money-market, and certificate of deposit accounts), treasury-management tools, commercial and consumer loan solutions, and a range of retirement, fiduciary, and wealth-management services for both individuals and businesses across the United States.

What is the Dividend Yield of ALRS?

As of February 2026, ALRS`s dividend yield is 3.95%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.83 USD by the current share price of 25.72.

Does ALRS pay a dividend?

As of February 2026, ALRS paid a dividend of 0.83 USD in the last 12 months. The last dividend was paid on 2025-12-26 and the payout was 0.21 USD.

How often does ALRS pay dividends?

ALRS pays dividends quarterly. Over the last 12 months, ALRS has issued 4 dividend payments. The last dividend payment was made on 2025-12-26.

ALRS dividend forecast

Based on historical data, the forecasted dividends per share for ALRS for the next 4 payments are between 0.168 (-20.0%) and 0.172 (-18.1%).
This represents a significant dividend cut compared to the last payment.

Will ALRS pay dividends in 2026?

The latest dividend paid per share was 0.21 USD with an Ex-Dividend Date of 2025-12-26. The next Ex-Dividend date for Alerus Financial (ALRS) is currently unknown.

What is the next Ex-Dividend Date for ALRS?

The next Ex-Dividend date for Alerus Financial (ALRS) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of ALRS?

ALRS's average dividend growth rate over the past 5 years is 7.14% per year.
Strong growth: ALRS's Dividend growth is outpacing inflation.

What is the Yield on Cost of ALRS?

ALRS's 5-Year Yield on Cost is 3.53%. If you bought ALRS's shares at 23.52 USD five years ago, your current annual dividend income (0.83 USD per share, trailing 12 months) equals 3.53% of your original purchase price.

What is the Payout Consistency of ALRS?

ALRS Payout Consistency is 98.4%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Alerus Financial has a strong track record of consistent dividend payments over its lifetime.

Does ALRS have a good Dividend Yield?

ALRS`s 3.95% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of ALRS?

The Dividend Payout Ratio of ALRS is 26.0%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of ALRS?

ALRS`s Overall Dividend Rating is 71.27%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

ALRS Outstanding Shares Analysis

What is the Trend in ALRS's Outstanding Shares?

Alerus Financial's outstanding shares have increased by approximately 12.7% annually over the past 3 years (Trend Reliability: 100.0%).

Significant dilution: Heavy share issuance is diluting existing shareholders. Even if total dividends paid increase, your dividend per share may stagnate or decline.

Has ALRS ever had a Stock Split?

Yes, the last stock split was on Sep 15, 2014 with a ratio of 3:1.

This was a forward split: Each share became 3 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
2009 13,133,200
2010 13,217,600 +0.64%
2011 13,319,600 +0.77%
2012 13,620,000 +2.26%
2013 13,815,000 +1.43%
2014 13,922,000 +0.77%
2015 13,951,000 +0.21%
2016 13,975,000 +0.17%
2017 14,024,000 +0.35%
2018 14,070,000 +0.33%
2019 17,397,000 +23.65%
2020 17,450,000 +0.3%
2021 17,480,000 +0.17%
2022 20,232,000 +15.74%
2023 19,996,000 -1.17%
2024 25,144,000 +25.75%
2025 25,398,000 +1.01%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-01-30 14:21