Alerus Financial Dividends and Buybacks
Dividend criteria checks 4/6
Alerus Financial is a dividend paying company with a current yield of 2.83% that is well covered by earnings. Next payment date is on 10th July, 2026 with an ex-dividend date of 26th June, 2026.
Key information
2.8%
Dividend yield
1.0%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 6.9% |
| Next dividend pay date | 10 Jul 26 |
| Ex dividend date | 26 Jun 26 |
| Dividend per share | n/a |
| Payout ratio | 79% |
Recent dividend and buyback updates
Recent updates
ALRS: Dividend, Buybacks And Credit Costs Will Shape Fairly Balanced Outlook
Analysts have slightly lifted their price target for Alerus Financial to $28.13, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E in recent Street research. What’s in the News for Alerus Financial Alerus Financial declared a regular quarterly cash dividend of $0.22 per common share on May 21, 2026, an increase of 4.76% compared with the dividend paid a year earlier.ALRS: Future Credit Costs And Payout Actions Will Shape Fairly Balanced Outlook
Analysts have nudged their price target for Alerus Financial up by $0.13 to $28.13, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E, along with recent Street research that included a $0.50 target increase from one firm. What's in the News On May 21, 2026, Alerus Financial's board declared a regular quarterly cash dividend of $0.22 per common share, a 4.76% increase compared with the dividend paid a year earlier.ALRS: Higher Revenue Assumptions Will Meet Rising Credit Cost Risks
Analysts have raised their price target on Alerus Financial from $25.70 to $28.00, citing updated assumptions around higher projected revenue growth, improved profit margins, a lower discount rate, and a reduced future P/E multiple. Analyst Commentary Recent research around Alerus Financial focuses on how updated assumptions for revenue, margins, and valuation metrics feed into the higher price target and what could still hold the stock back.Alerus Financial (NASDAQ:ALRS) Has Announced A Dividend Of $0.21
Alerus Financial Corporation ( NASDAQ:ALRS ) has announced that it will pay a dividend of $0.21 per share on the 10th...Shareholders Will Probably Hold Off On Increasing Alerus Financial Corporation's (NASDAQ:ALRS) CEO Compensation For The Time Being
Key Insights Alerus Financial will host its Annual General Meeting on 8th of May CEO Katie Lorenson's total...
Expanding Revenue Streams And Decisive Acquisitions Set To Drive Robust Growth And Profitability Surge
Diversification in revenue streams across commercial, wealth, and private banking segments suggests underlying strength and potential for future earnings growth.Alerus Financial (NASDAQ:ALRS) Is Increasing Its Dividend To $0.20
The board of Alerus Financial Corporation ( NASDAQ:ALRS ) has announced that it will be increasing its dividend by 5.3...Upcoming Dividend Payment
Stability 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) | 2.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Diversified Financial) | 1.1% |
| Analyst forecast (ALRS) (up to 3 years) | 3.0% |
Notable Dividend: ALRS's dividend (2.83%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: ALRS's dividend (2.83%) is low compared to the top 25% of dividend payers in the US market (4.29%).
Current Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.1%), ALRS's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/22 08:15 |
| End of Day Share Price | 2026/06/18 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Alerus Financial Corporation is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Rulis | D.A. Davidson & Co. |
| null null | D.A. Davidson & Co. |
| Brendan Nosal | Hovde Group, LLC |