DIVIDEND ANNOUNCEMENT: Alerus Financial Corp (NASDAQ:ALRS) on 11/17/2020 declared a dividend of $0.1500 per share

Alerus Financial Corp (NASDAQ:ALRS) on 11/17/2020 declared a dividend of $ 0.1500 per share payable on January 08, 2021 to shareholders of record as of December 18, 2020.

Alerus Financial Corp (NASDAQ:ALRS) has paid dividends since 1993, has a current dividend yield of 2.3856859207% and has increased its dividends for 18 successive years.

Alerus Financial Corp's market cap is $ 430,618,300 and has a PE ratio of 10.66. The stock price closed yesterday at $ 25.15 and has a 52 week low/high of $ 15.05 and $ 25.34.

Alerus Financial is a financial holding company. Through its subsidiary, Alerus Financial, National Association, Co. provides financial solutions to businesses and consumers through four segments: banking, which provides a line of loan, deposit, cash management, and treasury services; retirement and benefit services, which provides retirement plan administration and investment advisory services, employee stock ownership plan, fiduciary services, payroll, health savings account and other benefit services to clients on a nationwide basis; wealth management, which provides fiduciary services to consumer and commercial clients; and mortgage, which provides first and second mortgage loans.

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