DIVIDEND ANNOUNCEMENT: Alerus Financial Corp (NASDAQ:ALRS) on 05/11/2023 declared a dividend of $0.1900 per share

Alerus Financial Corp (NASDAQ:ALRS) on 05/11/2023 declared a dividend of $ 0.1900 per share payable on July 14, 2023 to shareholders of record as of June 15, 2023. Dividend amount recorded is an increase of $ 0.01 from last dividend Paid.

Alerus Financial Corp (NASDAQ:ALRS) has paid dividends since 1993, has a current dividend yield of 5.5923471451% and has increased its dividends for 19 successive years.

Alerus Financial Corp's market cap is $ 272,710,530 and has a PE ratio of 6.47. The stock price closed yesterday at $ 13.59 and has a 52 week low/high of $ 13.11 and $ 26.54.

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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