Alerus Financial (ALRS) has recently announced its upcoming dividend, scheduled with an ex-dividend date of Jun 27, 2025. The dividend announcement was made on May 21, 2025, with a payment date set for Jul 11, 2025. Shareholders will receive $0.21 per share, which is higher compared to the average of the last 10 dividends per share, which stood at $0.172. This dividend is classified as a cash dividend. The last dividend issued by the company was on Apr 11, 2025, at $0.20 per share, also categorized as a cash dividend.
Recently,
(ALRS) has been under the spotlight with its Zacks Rank #2 (Buy) and an A grade for Value, indicating potential undervaluation. The stock currently trades at a P/E ratio of 8.97, positioning it attractively within its industry. In addition, analysts have provided detailed trading plans for
, suggesting buying opportunities around $19.75 with a target of $21.88, while setting a stop loss at $19.69 to mitigate risks. Conversely, short strategies have been recommended near $21.88, targeting $19.75 with a stop loss at $21.94. These strategies aim to leverage price movements and technical resistance levels effectively.
Over the past week, several developments regarding Alerus Financial have been noteworthy. The company has maintained a solid annual dividend of $0.80 per share, contributing to a dividend yield of 3.79%. Analysts have recently examined Alerus's stock performance, including its valuation metrics and dividend yield, to help investors optimize their portfolios. Moreover, Alerus Financial's public status and trading under the symbol ALRS have drawn interest from various market participants, keen on exploring the company's financial health and market strategies. These updates underscore Alerus Financial's ongoing commitment to shareholder value and operational transparency, which continue to influence investor sentiment positively.
In conclusion, Alerus Financial’s upcoming dividend offers an attractive opportunity for investors, with the ex-dividend date set for Jun 27, 2025, marking the last chance for investors to purchase shares and receive this dividend. Purchases made after this date will not qualify for the current dividend distribution.
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