Alerus Raises Quarterly Dividend 5.0% to $0.21 Per Share
Alerus Financial’s board approved a $0.21 per share quarterly cash dividend, marking a 5.0% increase over last year’s payout. The dividend is payable April 10, 2026 to shareholders of record as of March 27, 2026.
1. Dividend Declaration
On February 25, 2026, Alerus Financial’s board of directors declared a regular quarterly cash dividend of $0.21 per common share, representing a 5.0% increase year-over-year.
2. Payment Schedule
The dividend will be payable on April 10, 2026 to shareholders of record as of the close of business on March 27, 2026.
3. Business Overview
Alerus Financial Corporation is a commercial wealth bank and national retirement services provider operating 26 banking and commercial wealth offices across North Dakota, Minnesota, Iowa, Wisconsin and Arizona.
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