Is Alerus Financial Corporation a good dividend stock?

Alerus Financial Corporation (ALRS) is a dividend-paying stock with a current dividend yield of 2.74%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is ALRS's dividend yield?

The dividend yield for ALRS stock is currently 2.74%.

How much does ALRS pay in dividends per year?

Alerus Financial Corporation pays an annual dividend of $0.8500 per share over the trailing twelve months.

How often does ALRS pay dividends?

ALRS stock pays dividends quarterly.

Is ALRS's dividend growing?

Alerus Financial Corporation's 3-year dividend CAGR is 5.27%.

ALRS Stock Price, Chart, Stats & News

Alerus Financial Corporation

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Overview Dividend safety Dividends Fundamentals

Alerus Financial Corporation (ALRS) is a dividend-paying stock with a current dividend yield of 2.74% as of Jun 29, 2026. It pays $0.8500 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 6.96% 5-year compound annual rate.

779.74M

Market cap

9.95x

Current P/E

–

Forward P/E

2.74%

Dividend yield

$0.8500

ALRS dividend

Dividend safety

Strong

Dividend coverage looks healthy — ALRS pays out about 27% of earnings.

See the safety analysis

ALRS chart

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Fundamentals

Gross margin	67.15%
Operating margin	6.89%
Pretax margin	6.89%
Net margin	5.32%
Effective tax rate	22.81%
ROA	0.33%
ROE	3.23%
D/E	0.78x
Interest coverage ratio	0.21x

All financials

ALRS valuation

P/E	9.95x
P/S	1.83x
P/B	1.06x
P/CF	8.06x
P/FCF	8.17x
P/OCF	8.06x
PEG	-0.51x
EV multiple	5.65x

About

Alerus Financial Corporation, operating primarily through its subsidiary Alerus Financial, National Association, delivers a broad spectrum of financial services to both commercial clients and individual consumers. The company organizes its operations across four distinct segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. Within its Banking segment, Alerus provides a comprehensive array of deposit solutions, including checking, savings, money market, and certificate of deposit accounts.