Dividends & Buybacks ·
Alerus Financial Corporation declared a regular quarterly cash dividend of $0.22 per share, representing a 4.76%…
ALRSAlerus Financial Corp
Alerus Financial Corporation declared a regular quarterly cash dividend of $0.22 per share, representing a 4.76% increase over the prior year's payout. The dividend is payable on October 9, 2026, to stockholders of record as of September 25, 2026. Additionally, the Board approved a new stock repurchase program authorizing the purchase of up to 1,250,000 shares, which will become effective upon the completion or termination of the existing program and expires on August 26, 2029. Alerus Financial Corporation operates as a commercial wealth bank and national retirement services provider.