DIVIDEND ANNOUNCEMENT: Alerus Financial Corp (NASDAQ:ALRS) on 08/05/2020 declared a dividend of $0.1500 per share

Alerus Financial Corp (NASDAQ:ALRS) on 08/05/2020 declared a dividend of $ 0.1500 per share payable on October 09, 2020 to shareholders of record as of September 18, 2020.

Alerus Financial Corp (NASDAQ:ALRS) has paid dividends since 1993, has a current dividend yield of 3.0769231319% and has increased its dividends for 19 successive years.

Alerus Financial Corp's market cap is $ 333,567,000 and has a PE ratio of 10.21. The stock price closed yesterday at $ 19.50 and has a 52 week low/high of $ 15.05 and $ 24.00.

Alerus Financial is a financial holding company. Through its subsidiaries, Co. provides commercial banking, mortgage banking, retirement and benefit plan administration, wealth management services. Co.'s subsidiary operations also include retail brokerage services. Co.'s portfolio segments include commercial, industrial, and agricultural, real estate construction, commercial real estate mortgage, real estate one to four family first mortgage, real estate one to four family junior mortgage, and other revolving and installment.

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