Alerus Financial Corp Dividend
Alerus Financial Corp Dividend history 25 years & estimates 2025 to 2026
Dividend Analysis of the Alerus Financial Corp Stock
| Current dividend yield | 5.45 % |
| Dividendenrendite 5 Jahre | 2.32 % |
| Dividend Yield 10Y | 4.41 % |
| Payout 3Y | 1.05 % |
When does Alerus Financial Corp pay a dividend?
The Alerus Financial Corp stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Alerus Financial Corp stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were March, June, September and December . Dividends from Alerus Financial Corp are distributed via January, April, July and October.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2025 |
$0.2
$0.2
|
Sep 13 2024
Sep 13 2024
Oct 11 2024
Sep 13 24
Oct 11 24 |
Oct 11 2024 |
quarterly
quarterly
|
| 2025 |
$0.2
$0.2
|
Jun 14 2024
Jun 14 2024
Jul 15 2024
Jun 14 24
Jul 15 24 |
Jul 15 2024 |
quarterly
quarterly
|
| 2025 |
$0.19
$0.19
|
Mar 14 2024
Mar 14 2024
Apr 12 2024
Mar 14 24
Apr 12 24 |
Apr 12 2024 |
quarterly
quarterly
|
| 2024 |
$0.19
$0.19
|
Dec 26 2023
Dec 26 2023
Jan 12 2024
Dec 26 23
Jan 12 24 |
Jan 12 2024 |
quarterly
quarterly
|
| 2024 |
$0.19
$0.19
|
Sep 14 2023
Sep 14 2023
Oct 13 2023
Sep 14 23
Oct 13 23 |
Oct 13 2023 |
quarterly
quarterly
|
| 2024 |
$0.19
$0.19
|
Jun 14 2023
Jun 14 2023
Jul 14 2023
Jun 14 23
Jul 14 23 |
Jul 14 2023 |
quarterly
quarterly
|
| 2024 |
$0.18
$0.18
|
Mar 14 2023
Mar 14 2023
Apr 14 2023
Mar 14 23
Apr 14 23 |
Apr 14 2023 |
quarterly
quarterly
|
| 2023 |
$0.18
$0.18
|
Dec 22 2022
Dec 22 2022
Jan 13 2023
Dec 22 22
Jan 13 23 |
Jan 13 2023 |
quarterly
quarterly
|
| 2023 |
$0.18
$0.18
|
Sep 29 2022
Sep 29 2022
Oct 14 2022
Sep 29 22
Oct 14 22 |
Oct 14 2022 |
quarterly
quarterly
|
| 2023 |
$0.18
$0.18
|
Jun 16 2022
Jun 16 2022
Jul 08 2022
Jun 16 22
Jul 08 22 |
Jul 08 2022 |
quarterly
quarterly
|
How much dividend does Alerus Financial Corp pay?
Alerus Financial Corp most recently paid a dividend of $0.20. Alerus Financial Corp paid a Dividend of $0.75 Per Share in the financial year 2024. With a stock price of $20.12 at Nov 01 2024, the current dividend yield is 3.73% (calculation: $0.75 / $20.12 = 3.73%). No special dividend was paid.
What is the Alerus Financial Corp Dividend Yield and payout ratio?
The average Alerus Financial Corp dividend yield over the last 5 years is 2.80% and the average over the last 10 years is 2.60%.
The payout ratio of Alerus Financial Corp in relation to the last financial year is 120.69%. The payout ratio smoothed over 3 years is 34.16%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Alerus Financial Corp |
|---|---|
| Current dividend yield | 3.73% |
| Dividend Yield 5Y | 2.80% |
| Dividend Yield 10Y | 2.60% |
| Payout 1Y | 120.69% |
| Payout 3Y | 34.16% |
Is the Alerus Financial Corp dividend safe? Continuity & Dividend Growth
Is the Alerus Financial Corp dividend safe?
Alerus Financial Corp has been paying a dividend for 25 years and has not lowered the dividend for 5 years (dividend continuity). As a result, the dividend was recently increased 5-times.
The Dividend Growth in relation to the previous financial year amounts to 7.14%. The average Alerus Financial Corp Dividend Growth over the last 5 years is 7.19%. The average for the last 10 years is 8.23%.
| Metric | Alerus Financial Corp |
|---|---|
| Increased | 5 Years |
| Continuity | 5 Years |
| Paid | 25 Years |
| Growth 1Y | 7.14% |
| Growth 5Y | 7.19% |
| Growth 10Y | 8.23% |
Continuity
Alerus Financial Corp has been paying a dividend for 25 years and has not lowered the dividend for 5 years (dividend continuity). As a result, the dividend was recently increased 5-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 7.14%. The average Alerus Financial Corp Dividend Growth over the last 5 years is 7.19%. The average for the last 10 years is 8.23%.
Alerus Financial Corp Stock Forecast 2024
On the stock exchange, the Alerus Financial Corp stock (ISIN: US01446U1034) is not traded as a top scorer in November 2024 according to the dividend strategy.
The stock price of Alerus Financial Corp -10.14% has fallen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Alerus Financial Corp stock price in real time at the top of the page.
Alerus Financial Corp (symbol: ALRS) is valued at a Price / Earnings Ratio (P/E ratio) of 126.38 and a price/sales ratio (P/S ratio) of 1.82 valued. Based on analyst estimates, the Alerus Financial Corp stock forecast 2024 of the current financial year corresponds to a valuation of 20.87 according to P/E ratio and 2.39 according to P/S.
| Metric | Alerus Financial Corp |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
10.14%
|
| P/E TTM | 126.38 |
| P/S TTM | 1.82 |
| P/E forward | 20.87 |
| P/S forward | 2.39 |
Alerus Financial Corp (symbol: ALRS) is valued at a Price / Earnings Ratio (P/E ratio) of 126.38 and a price/sales ratio (P/S ratio) of 1.82 valued. Based on analyst estimates, the Alerus Financial Corp stock forecast 2024 of the current financial year corresponds to a valuation of 20.87 according to P/E ratio and 2.39 according to P/S.
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