Alerus Financial raises dividend by 4.8% to $0.22
Alerus Financial has declared a quarterly dividend of $0.22 per share, representing a 4.8% increase from the prior dividend of $0.21.
The new dividend is payable on July 10 to shareholders of record on June 26, with an ex-dividend date of June 26.
This move reflects a forward yield of 3.14% and indicates the company’s commitment to returning value to its shareholders.