Alerus Financial Raises Quarterly Dividend to 22 Cents, Up 4.8%
Tom Rudovsky · Reported by Dow Jones Newswires
More coverage: Bank Stocks · Financial
Sentiment
Positive
Importance
7
Price
$28.05
Mkt Cap
$704.859M
52W Low
$20.26
52W High
$28.4
52W Position
38% above low
Off High
1.2% below high
Rel. Volume
0.8× avg
Market data snapshot near publication time
ALRS sits 38% above its 52-week low of $20.26.
Summary
Alerus Financial announced a quarterly dividend increase to $0.22 per share, up from $0.21. This 4.8% increase follows the company's strong Q1 2026 net income report and the recent sale of a $33.6 million non-performing loan. The dividend hike reflects management's confidence in the company's ongoing financial performance and commitment to shareholder returns.
At the time of this announcement, ALRS was trading at $28.05 on NASDAQ in the Finance sector, with a market capitalization of approximately $704.9M. The 52-week trading range was $20.26 to $28.40. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.
Price Chart
ALRS - Latest Insights
ALRS
May 22, 2026, 4:31 PM EDT
Price at Filing:
$28.05
Real-time Price:
$32.70
Change:
+$4.65 (+17%)
Market Cap:
$821.707M
ALRS
May 19, 2026, 2:46 PM EDT
Price at Filing:
$27.09
Real-time Price:
$32.70
Change:
+$5.61 (+21%)
Market Cap:
$821.707M
ALRS
May 01, 2026, 4:32 PM EDT
Price at Filing:
$26.95
Real-time Price:
$32.70
Change:
+$5.75 (+21%)
Market Cap:
$821.707M
ALRS
Apr 29, 2026, 4:30 PM EDT
Price at Filing:
$27.00
Real-time Price:
$32.70
Change:
+$5.70 (+21%)
Market Cap:
$821.707M
ALRS
Apr 29, 2026, 4:30 PM EDT
Price at Filing:
$27.00
Real-time Price:
$32.70
Change:
+$5.70 (+21%)
Market Cap:
$821.707M