ALRS Dividend History - Alerus Financial

Track the latest ALRS dividend history: 3.83% Dividend Yield, 5.66% Annual Growth - Explore ALRS's complete dividend history

Yield 12m 3.83%
Cash Amount 12m 0.79
Dividend Growth 5y avg 5.66%
Dividend Rating 67.81%
Yield on Cost 5y 4.31%
Payout Ratio 59.4%
Payout Frequency 12m 4
Payout Consistency 97.5%
Total Return 12m: -3.55%
#1 in Group
Total Return 5y: 12.66%
#1 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Diversified Financial Services

Top Dividend Yield in Peer Group
Symbol Market Cap in USD Yield Yield on Cost
ALRS 548m 3.83% 4.31%
CRBG 18,092m 2.98% 5.44%
EQH 16,722m 1.53% 3.26%
IX 23,428m 1.72% 2.53%
Top Dividend Grower in Peer Group
Symbol Market Cap in USD Grow Rating
ALRS 548m 5.66% 67.8%
CRBG 18,092m 26.0% 42.5%
EQH 16,722m 7.33% 62.2%
JXN 6,889m 53.8% 79.3%

ALRS Dividend History - Last 40 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-12-27 0.2 1.03%
2024-09-13 2024-09-13 2024-10-11 Quarterly 0.2 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 0.86%
2023-12-26 2023-12-27 2024-01-12 Quarterly 0.19 0.85%
2023-09-14 2023-09-15 2023-10-13 Quarterly 0.19 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 1.03%
2022-12-22 2022-12-23 2023-01-13 Quarterly 0.18 0.78%
2022-09-29 2022-09-30 2022-10-14 Quarterly 0.18 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 0.55%
2021-12-22 2021-12-24 2022-01-14 Quarterly 0.16 0.56%
2021-09-16 2021-09-17 2021-10-08 Quarterly 0.16 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 0.46%
2020-12-17 2020-12-18 2021-01-08 Quarterly 0.15 0.57%
2020-09-17 2020-09-18 2020-10-09 Quarterly 0.15 0.67%
2020-06-12 2020-06-15 2020-07-10 Quarterly 0.15 0.73%
2020-03-19 2020-03-20 2020-04-10 Quarterly 0.15 0.92%
2019-12-19 2019-12-20 2020-01-10 Quarterly 0.15 7.1%
2019-09-19 2019-09-20 2019-10-11 Quarterly 0.14
2019-06-20 2019-06-21 2019-07-12 Quarterly 0.14
2019-03-21 2019-03-22 2019-04-12 Quarterly 0.14
2018-12-20 2018-12-21 2019-01-11 Quarterly 0.14 7.7%
2018-09-20 2018-09-21 2018-10-12 Quarterly 0.13
2018-06-21 2018-06-22 2018-07-13 Quarterly 0.13
2018-03-22 2018-03-23 2018-04-13 Quarterly 0.13 8.3%
2017-12-21 2017-12-22 2018-01-12 Quarterly 0.12
2017-09-21 2017-09-22 2017-10-13 Quarterly 0.12
2017-06-21 2017-06-23 2017-07-14 Quarterly 0.12
2017-03-22 2017-03-24 2017-04-14 Quarterly 0.12 9.1%
2016-12-21 2016-12-23 2017-01-13 Quarterly 0.11
2016-09-21 2016-09-23 2016-10-14 Quarterly 0.11
2016-06-15 2016-06-17 2016-07-08 Quarterly 0.11
2016-03-16 2016-03-18 2016-04-08 Quarterly 0.11
2015-12-16 2015-12-18 2016-01-08 Quarterly 0.11
2015-09-16 2015-09-18 2015-10-09 Quarterly 0.11 10%
2015-06-17 2015-06-19 2015-07-10 Quarterly 0.1
2015-03-18 2015-03-20 2015-04-10 Quarterly 0.1

ALRS Dividend History - FAQ

Does ALRS pay dividends?

Yes, as of February 2025, ALRS paid a dividend of 0.79 USD in the last 12 months. The last dividend was paid on 2024-12-27.

What is the Dividend Yield of ALRS?

As of February 2025, ALRS`s dividend yield is 3.83%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.79 USD by the current share price of 20.63.

How often does ALRS pay dividends?

ALRS pays dividends quarterly. Over the last 12 months (TTM), ALRS has issued 4 dividend payments.

What is the next Ex-Dividend Date for ALRS?

The next ex-dividend date for Alerus Financial (ALRS) is unknown.

What is the Dividend Growth Rate of ALRS?

ALRS's average dividend growth rate over the past 5 years is 5.66% per year.
Strong growth: Dividend growth is outpacing inflation.

What is the Yield on Cost of ALRS?

ALRS's 5-Year Yield on Cost is 4.31%. This represents the effective dividend yield for an investor who bought Alerus Financial five years ago. It is calculated as the trailing 12-month dividend cash amount (0.79) divided by the purchase price five years ago (18.31):

What is the Payout Consistency of ALRS?

ALRS Payout Consistency is 97.5%.
Highly consistent: Alerus Financial has a strong track record of consistent dividend payments.

Does ALRS have a good Dividend Yield?

ALRS`s 3.83% Dividend Yield is considered as moderate.

What is the Dividend Payout Ratio of ALRS?

The Dividend Payout Ratio of ALRS is 59.4%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of ALRS?

ALRS`s Overall Dividend Rating is 67.81%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

Bonus Section: ALRS Outstanding Shares

What is the Trend of ALRS`s Outstanding Shares?

The Outstanding Shares of Alerus Financial are growing at a rate of 2.84% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is 70.0%. Investors should be aware that the price of a stock often is negatively affected by an increasing number of shares.

Did Alerus Financial ever had a Stock Split?

Yes, last Stock Split was on 2014-09-15 with a factor of 3:1. This stock split increased the number of shares and lowered the price per share by a ratio of 3.
Year Number of Shares (Mill.) Growth Rate
2009 13133200
2010 13217600 +0.64%
2011 13319600 +0.77%
2012 13620000 +2.26%
2013 13815000 +1.43%
2014 13922000 +0.77%
2015 13951000 +0.21%
2016 13975000 +0.17%
2017 14024000 +0.35%
2018 14070000 +0.33%
2019 17397000 +23.65%
2020 17450000 +0.3%
2021 17480000 +0.17%
2022 20232000 +15.74%
2023 19996000 -1.17%
2024 20075000 +0.4%