StockWatch
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Major Banks
DividendMay 22, 2026, 04:38 PM

Alerus Financial Declares $0.22 Cash Dividend, Up 4.76% YoY

AI Summary

Alerus Financial Corporation announced that its Board of Directors declared a regular quarterly cash dividend of $0.22 per common share. This dividend marks a 4.76% increase compared to the dividend paid a year ago. The payment is scheduled for July 10, 2026, to stockholders of record as of June 26, 2026.

Key Highlights

  • Alerus Financial Corporation declared a regular quarterly cash dividend of $0.22 per common share.
  • This represents a 4.76% increase over the dividend paid a year ago.
  • The dividend is payable on July 10, 2026.
  • Stockholders of record as of the close of business on June 26, 2026, will receive the dividend.