Dividend Information About Alerus Financial: Everything You Need To Know Before Its Exdividend Date Sep 26, 2025

Generated by AI AgentAinvest Dividend Digest
Tuesday, Sep 23, 2025 9:04 am ET1min read
ALRS--
Aime RobotAime Summary

- Alerus Financial (ALRS) declared a $0.21/share cash dividend payable Oct 10, 2025, with ex-dividend date Sep 26, 2025.

- The payout exceeds its 10-year average of $0.174/share, reflecting a strategic shift amid $20.3M Q2 net income.

- Acadian Asset Management increased ALRS holdings by 41.1%, signaling confidence in the regional bank's growth and margins.

- ALRS stock trades below its $25.63 average price target, with analysts highlighting its competitive positioning in the sector.

Alerus FinancialALRS-- (ALRS) has recently announced a cash dividend of $0.210 per share, set to be paid on Oct 10, 2025. The ex-dividend date for this payout is Sep 26, 2025, meaning shareholders must own the stock before this date to receive the dividend. The dividend announcement was made on Aug 28, 2025, reflecting a consistent payout pattern compared to the company’s last dividend, which was declared on Jul 11, 2025, at the same amount of $0.210 per share. This upcoming dividend is higher than the average of the last 10 dividend payments, which stood at $0.174 per share, indicating a positive shift in the company’s dividend strategy. Investors may view this as a sign of financial stability and confidence in future earnings, particularly in the regional banking sector where ALRSALRS-- operates. Recently, Alerus Financial has demonstrated strong earnings, with the company reporting a net income of $20.3 million for the second quarter of 2025. Analysts have noted this as a positive development in the company’s financial performance. In addition, the firm has attracted increased investment interest, as Acadian Asset Management LLC recently boosted its stake in ALRS by 41.1%, now holding approximately 73,233 shares valued at around $1.35 million. This move reflects growing confidence in Alerus Financial’s long-term prospects. Over the past week, the stock has remained relatively stable, with no significant price movement reported. However, analysts have indicated that Alerus Financial’s stock is currently trading below its average price target of $25.63, leaving room for potential appreciation. Since the last update, the company has also announced a 5% increase in its dividend to 21 cents per share, a move that further supports its position as a reliable income stock in the financial sector. As of late, Alerus Financial has also been compared favorably to its peers in the regional banking industry, with benchmark analyses highlighting its strong margins and consistent growth. Investors are encouraged to monitor these developments closely as they could influence the stock’s trajectory in the coming months. The ex-dividend date of Sep 26, 2025, marks the final opportunity for investors to purchase Alerus Financial shares and qualify for the upcoming dividend. Any purchase made on or after this date will not entitle the buyer to this dividend payout.

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