DIVIDEND ANNOUNCEMENT: Alerus Financial Corp (NASDAQ:ALRS) on 01/19/2022 declared a dividend of $0.1600 per share

Alerus Financial Corp (NASDAQ:ALRS) on 01/19/2022 declared a dividend of $ 0.1600 per share payable on April 08, 2022 to shareholders of record as of March 18, 2022.

Alerus Financial Corp (NASDAQ:ALRS) has paid dividends since 1993, has a current dividend yield of 2.2160665989% and has increased its dividends for 19 successive years.

Alerus Financial Corp's market cap is $ 496,967,040 and has a PE ratio of 10.17. The stock price closed yesterday at $ 28.88 and has a 52 week low/high of $ 24.06 and $ 38.31.

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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