Alerus Financial Dividend
Dividend criteria checks 4/6
Alerus Financial is a dividend paying company with a current yield of 4.34%.
Key information
4.3%
Dividend yield
151%
Payout ratio
Industry average yield | 1.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.50 |
Dividend yield forecast in 3Y | 4.1% |
Recent dividend updates
Recent updates
Alerus Financial (NASDAQ:ALRS) Is Increasing Its Dividend To $0.20
May 31Alerus Financial (NASDAQ:ALRS) Is Increasing Its Dividend To $0.19
May 15Alerus Financial Corporation declares $0.18 dividend
Sep 13Alerus Financial Corporation GAAP EPS of $0.52 misses by $0.03, revenue of $52.02M misses by $2.88M
Jul 27Alerus Financial appoints Jon Hendry as chief technology officer
Jul 20Alerus Financial completes acquisition of Metro Phoenix Bank holding company
Jul 01Alerus Financial (NASDAQ:ALRS) Is Paying Out A Larger Dividend Than Last Year
May 29Alerus Financial (NASDAQ:ALRS) Has Announced That It Will Be Increasing Its Dividend To US$0.18
May 15Alerus Financial (NASDAQ:ALRS) Is Increasing Its Dividend To US$0.16
Jul 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ALRS's dividends per share have been stable in the past 10 years.
Growing Dividend: ALRS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Alerus Financial Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ALRS) | 4.3% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Diversified Financial) | 1.0% |
Analyst forecast in 3 Years (ALRS) | 4.1% |
Notable Dividend: ALRS's dividend (4.34%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: ALRS's dividend (4.34%) is low compared to the top 25% of dividend payers in the US market (4.79%).
Current Payout to Shareholders
Earnings Coverage: With its high payout ratio (151.4%), ALRS's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ALRS's dividends in 3 years are forecast to be well covered by earnings (33% payout ratio).