STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$0.77
Forward Annual Dividend Rate
$0.80
Yield
Trailing Annual Dividend Yield
3.68%
Forward Annual Dividend Yield
3.35%
Dividend Date
Dividend Date
Oct 10, 2025
Ex-dividend Date
Sep 26, 2025
2.99 %
113.01
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Aug 28, 2025 | 0.21 | Sep 26, 2025 | Sep 26, 2025 | Oct 10, 2025 |
| May 21, 2025 | 0.21 | Jun 27, 2025 | Jun 27, 2025 | Jul 11, 2025 |
| Feb 26, 2025 | 0.2 | Mar 14, 2025 | Mar 14, 2025 | Apr 11, 2025 |
| Dec 11, 2024 | 0.2 | Dec 27, 2024 | Dec 27, 2024 | Jan 17, 2025 |
| Aug 21, 2024 | 0.2 | Sep 13, 2024 | Sep 13, 2024 | Oct 11, 2024 |
| May 21, 2024 | 0.2 | Jun 14, 2024 | Jun 14, 2024 | Jul 15, 2024 |
| Feb 27, 2024 | 0.19 | Mar 14, 2024 | Mar 15, 2024 | Apr 12, 2024 |
| Dec 14, 2023 | 0.19 | Dec 26, 2023 | Dec 27, 2023 | Jan 12, 2024 |
| Aug 24, 2023 | 0.19 | Sep 14, 2023 | Sep 15, 2023 | Oct 13, 2023 |
| May 11, 2023 | 0.19 | Jun 14, 2023 | Jun 15, 2023 | Jul 14, 2023 |
| May 10, 2023 | 0.19 | Jun 14, 2023 | Jun 15, 2023 | Jul 14, 2023 |
| Feb 21, 2023 | 0.18 | Mar 14, 2023 | Mar 15, 2023 | Apr 14, 2023 |
| Nov 03, 2022 | 0.18 | Dec 22, 2022 | Dec 23, 2022 | Jan 13, 2023 |
| Sep 13, 2022 | 0.18 | Sep 29, 2022 | Sep 30, 2022 | Oct 14, 2022 |
| May 11, 2022 | 0.18 | Jun 16, 2022 | Jun 17, 2022 | Jul 08, 2022 |
| Jan 19, 2022 | 0.16 | Mar 17, 2022 | Mar 18, 2022 | Apr 08, 2022 |
| Nov 23, 2021 | 0.16 | Dec 22, 2021 | Dec 24, 2021 | Jan 14, 2022 |
| Jul 26, 2021 | 0.16 | Sep 16, 2021 | Sep 17, 2021 | Oct 08, 2021 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Sep 15, 2014 | 3:1 | -0.83% | +1.75% |
| Apr 12, 2004 | 2:1 | 0 | 0 |
Frequently Asked Questions
Is Alerus Financial Corporation (ALRS) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Alerus Financial Corporation is also among the companies that regularly pay dividends.
What is ALRS's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. ALRS's annual dividend yield for the trailing 12 months is 3.68.
When did ALRS last pay a dividend?
ALRS last paid dividends on 2025-10-10, with the ex-dividend date being 2025-09-26.
When was the last time ALRS stock split?
ALRS stock split took place on 15-09-2014.
How did ALRS's stock split work?
Its last split took place on Sep 15, 2014, when Alerus Financial Corporation went through a 3:1 split leaving the shareholder with 3 share(s) who previously owned 1 ALRS share(s).