Alerus Financial Raises Quarterly Dividend 4.76% to $0.22 Per Share
Alerus Financial Corporation’s board raised its quarterly cash dividend to $0.22 per share, up from $0.21 a year earlier, reflecting a 4.76% increase. The dividend is payable July 10, 2026 to shareholders of record on June 26, underlining the bank’s ongoing capital return focus.
1. Dividend Increase Details
Alerus Financial's board declared a $0.22 per share quarterly cash dividend on May 21, 2026, marking a 4.76% rise from $0.21 paid a year earlier. The dividend will be paid on July 10, 2026 to shareholders of record at the close of business on June 26, 2026.
2. Record and Payment Schedule
Shareholders recorded on Alerus Financial’s books as of June 26, 2026 will receive the dividend payment on July 10, 2026 through standard distribution channels. Ownership by the record date is required to qualify for the upcoming payout.
3. Company Background
Alerus Financial Corporation is a commercial wealth advisory bank and national retirement services provider operating 26 offices across North Dakota, Minnesota, Iowa, Wisconsin and Arizona. Services include banking, wealth advisory and retirement plan administration, with dividends forming part of its capital return strategy.