Alerus Financial (ALRS) Dividend History & Yield
Dividend ContenderAlerus Financial (ALRS) has increased its dividend for 22 consecutive years and currently yields 2.99%. The most recent dividend was $0.2100/share on Apr 10, 2026, paid Quarterly.
ALRS
Current Yield
2.99%
TTM Dividend/Share
$0.84
Payment Frequency
Quarterly
Payout Ratio
80.0%
Consecutive Growth Years
22 (Dividend Contender)
Div Growth (1Y CAGR)
5.06%
Div Growth (5Y CAGR)
6.71%
Div Growth (10Y CAGR)
7.05%
ALRS: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
9.7%
FCF payout ratio
5.9%
Net debt / EBITDA
3.5x
Interest coverage
0.35x
ROIC (TTM)
11.6%
Dividend Safety Score
5 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 80.0%, above the 75% threshold.
Free cash flow covers dividend
FCF/share ($2.32) covers dividend/share ($0.84).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
22 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 5.9%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 3.5x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (6.7%) exceeds EPS growth (6.2%) — payout ratio expanding.
Per-payment dividend history
Ex-date Jun 26, 2026
- Payment date
- Jul 10, 2026
- Dividend
- $0.2200
- Adj. dividend
- $0.2200
Ex-date Mar 27, 2026
- Payment date
- Apr 10, 2026
- Dividend
- $0.2100
- Adj. dividend
- $0.2100
Ex-date Dec 26, 2025
- Payment date
- Jan 9, 2026
- Dividend
- $0.2100
- Adj. dividend
- $0.2100
Ex-date Sep 26, 2025
- Payment date
- Oct 10, 2025
- Dividend
- $0.2100
- Adj. dividend
- $0.2100
Ex-date Jun 27, 2025
- Payment date
- Jul 11, 2025
- Dividend
- $0.2100
- Adj. dividend
- $0.2100
Ex-date Mar 14, 2025
- Payment date
- Apr 11, 2025
- Dividend
- $0.2000
- Adj. dividend
- $0.2000
Ex-date Dec 27, 2024
- Payment date
- Jan 17, 2025
- Dividend
- $0.2000
- Adj. dividend
- $0.2000
Ex-date Sep 13, 2024
- Payment date
- Oct 11, 2024
- Dividend
- $0.2000
- Adj. dividend
- $0.2000
Ex-date Jun 14, 2024
- Payment date
- Jul 15, 2024
- Dividend
- $0.2000
- Adj. dividend
- $0.2000
Ex-date Mar 14, 2024
- Payment date
- Apr 12, 2024
- Dividend
- $0.1900
- Adj. dividend
- $0.1900
Ex-date Dec 26, 2023
- Payment date
- Jan 12, 2024
- Dividend
- $0.1900
- Adj. dividend
- $0.1900
Ex-date Sep 14, 2023
- Payment date
- Oct 13, 2023
- Dividend
- $0.1900
- Adj. dividend
- $0.1900
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Jun 26, 2026 | Jul 10, 2026 | $0.2200 | $0.2200 |
| Mar 27, 2026 | Apr 10, 2026 | $0.2100 | $0.2100 |
| Dec 26, 2025 | Jan 9, 2026 | $0.2100 | $0.2100 |
| Sep 26, 2025 | Oct 10, 2025 | $0.2100 | $0.2100 |
| Jun 27, 2025 | Jul 11, 2025 | $0.2100 | $0.2100 |
| Mar 14, 2025 | Apr 11, 2025 | $0.2000 | $0.2000 |
| Dec 27, 2024 | Jan 17, 2025 | $0.2000 | $0.2000 |
| Sep 13, 2024 | Oct 11, 2024 | $0.2000 | $0.2000 |
| Jun 14, 2024 | Jul 15, 2024 | $0.2000 | $0.2000 |
| Mar 14, 2024 | Apr 12, 2024 | $0.1900 | $0.1900 |
| Dec 26, 2023 | Jan 12, 2024 | $0.1900 | $0.1900 |
| Sep 14, 2023 | Oct 13, 2023 | $0.1900 | $0.1900 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Alerus Financial has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 22 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $0.8300 | — | — |
| 2025 | $0.7900 | $0.8300 | +5.1% |
| 2024 | $0.7500 | $0.7900 | +5.3% |
| 2023 | $0.7000 | $0.7500 | +7.1% |
| 2022 | $0.6300 | $0.7000 | +11.1% |
| 2021 | $0.6000 | $0.6300 | +5.0% |
| 2020 | $0.5700 | $0.6000 | +5.3% |
| 2019 | $0.5300 | $0.5700 | +7.5% |
| 2018 | $0.4800 | $0.5300 | +10.4% |
| 2017 | $0.4400 | $0.4800 | +9.1% |
| 2016 | $0.4200 | $0.4400 | +4.8% |
| 2015 | $0.3833 | $0.4200 | +9.6% |
| 2014 | $0.3400 | $0.3833 | +12.7% |
| 2013 | $0.3133 | $0.3400 | +8.5% |
| 2012 | $0.2967 | $0.3133 | +5.6% |
| 2011 | $0.2933 | $0.2967 | +1.1% |
| 2010 | $0.2800 | $0.2933 | +4.8% |
| 2009 | $0.2600 | $0.2800 | +7.7% |
| 2008 | $0.2350 | $0.2600 | +10.6% |
| 2007 | $0.2133 | $0.2350 | +10.2% |
| 2006 | $0.1933 | $0.2133 | +10.3% |
| 2005 | $0.1750 | $0.1933 | +10.5% |
| 2004 | $0.1950 | $0.1750 | -10.3% |
| 2003 | $0.1067 | $0.1950 | +82.8% |
| 2002 | $0.1300 | $0.1067 | -17.9% |
| 2001 | $0.1417 | $0.1300 | -8.2% |
| 2000 | $0.1000 | $0.1417 | +41.7% |
| 1999 | $0.0667 | $0.1000 | +50.0% |
| 1998 | $0.0583 | $0.0667 | +14.3% |
| 1997 | $0.0608 | $0.0583 | -4.1% |
| 1996 | $0.0633 | $0.0608 | -3.9% |
| 1995 | — | $0.0633 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Alerus Financial (ALRS) from the consolidated cash flow statement, in USD as filed.
Latest period
$20.83M
YoY change
+34.8%
5Y CAGR
+14.9%
Peak year (2025)
$20.82M
Latest annual
$20.82M
Cash dividends paid over time for Alerus Financial (ALRS)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Alerus Financial (ALRS)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $20.82M | +34.8% | +$5.38M | ||
| 2024 | $15.45M | +4.2% | +$623,000 | ||
| 2023 | $14.82M | +15.8% | +$2.02M | ||
| 2022 | $12.80M | +19.1% | +$2.05M | ||
| 2021 | $10.75M | +3.5% | +$364,000 | ||
| 2020 | $10.39M | +16.6% | +$1.48M | ||
| 2019 | $8.91M | +19.5% | +$1.45M | ||
| 2018 | $7.46M | +10.8% | +$727,000 | ||
| 2017 | $6.73M | +9.2% | +$566,000 | ||
| 2016 | $6.16M | +5.2% | +$304,000 | ||
| 2015 | $5.86M | +9.9% | +$527,000 | ||
| 2014 | $5.33M | +13.7% | +$643,000 | ||
| 2013 | $4.69M | — | +$4.69M | ||
| 2012 | $0 | — | — |
The 2025 reading of Alerus Financial (ALRS) dividends paid is $20.82M – surged 34.8% year-over-year.
Across 2020–2025 (5 years), Alerus Financial dividends paid produced a CAGR of +14.9% – sustaining 13 straight years of year-over-year growth.
The highest annual dividends paid of $20.82M was reported in 2025. The lowest in the available history was $0 in 2012.
Alerus Financial (ALRS) sits 8th of 8 Financial Services peers we track on this metric, against a peer median of $5.36B.
Alerus Financial Dividends Paid 2025: $20.82M
Alerus Financial dividends paid in 2025 was $20.82M, surged 34.8% from 2024. This figure represents the highest annual value in the available history.
Alerus Financial Dividends Paid 2024: $15.45M
Alerus Financial dividends paid in 2024 was $15.45M, edged up 4.2% from 2023.
Alerus Financial Dividends Paid 2023: $14.82M
Alerus Financial dividends paid in 2023 was $14.82M, grew 15.8% from 2022.
Alerus Financial Dividends Paid 2022: $12.80M
Alerus Financial dividends paid in 2022 was $12.80M, grew 19.1% from 2021.
Alerus Financial Dividends Paid 2021: $10.75M
Alerus Financial dividends paid in 2021 was $10.75M.
See more financial history for Alerus Financial (ALRS).
Sector peers by dividends paid
Companies in the same sector as Alerus Financial, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| JPMorgan Chase (JPM) | $16.63B | Financial Services |
| Bank of America (BAC) | $9.56B | Financial Services |
| Morgan Stanley (MS) | $6.59B | Financial Services |
| Wells Fargo (WFC) | $5.43B | Financial Services |
| Goldman Sachs (GS) | $5.28B | Financial Services |
| Visa (V) | $4.63B | Financial Services |
| Mastercard (MA) | $2.76B | Financial Services |
| Berkshire Hathaway (BRK-B) | $0 | Financial Services |
Frequently asked questions
Does Alerus Financial pay dividends?
Yes, Alerus Financial (ALRS) pays quarterly dividends of approximately $0.84 per share annually, yielding 2.99%.
What is Alerus Financial's dividend yield?
Alerus Financial (ALRS) has a current dividend yield of 2.99%.
Is Alerus Financial's dividend safe?
Alerus Financial (ALRS) passes 5 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Alerus Financial increased its dividend?
Alerus Financial (ALRS) has 22 consecutive years of dividend increases.
What is Alerus Financial's dividend payout ratio?
Alerus Financial (ALRS) has a dividend payout ratio of 80.0%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Alerus Financial's dividends paid?
Latest reported dividends paid for Alerus Financial (ALRS) is $20.83M (period ending March 31, 2026).
How has Alerus Financial dividends paid changed year-over-year?
Alerus Financial (ALRS) dividends paid changed +34.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Alerus Financial dividends paid?
Alerus Financial (ALRS) dividends paid compound annual growth rate is +14.9% over the most recent 5 years available.
When did Alerus Financial dividends paid hit its highest annual value?
Alerus Financial dividends paid reached its highest annual value of $20.82M in 2025.
What was Alerus Financial dividends paid in 2024?
Alerus Financial (ALRS) dividends paid in 2024 was $15.45M.
What was Alerus Financial dividends paid in 2025?
Alerus Financial (ALRS) dividends paid in 2025 was $20.82M.
Explore more
ALRS Overview
Company profile, financial tools, and key metrics
ALRS Revenue Counter
Earns $10.48 every second. See per minute, hour, and day.
ALRS Earnings Counter
Earns $0.86 per second net profit. See per minute, hour, and day.
ALRS Economic Scale
Exceeds Kiribati's GDP. Compare with world economies.
ALRS What If Invested
What if you had invested $1,000? See historical returns from any date.
ALRS How It Makes Money
Discover visual breakdown of $330.40M in revenue — where it comes from and where it goes.
ALRS Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
ALRS Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
ALRS Daily Price Character
Balanced · 26.9% historical win rate (green days). Streaks & record days.
ALRS Buybacks
1.19% TTM buyback yield. Shareholder yield & SBC comparison.
ALRS Stock Split History
2 splits on record. Dates, ratios, and cumulative multiple.
ALRS Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
ALRS Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.
ALRS Dividend Capture
Historical pre-ex touch stats, gap distribution, after-tax calculator, and a backtest simulator (limit-order vs MOC exit).
ALRS Financials
Revenue, EPS, EBITDA, market cap, debt and balance sheet history with annual and quarterly data.