Alerus Financial Corporation Declares Cash Dividend on Common Stock

Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly dividend of $0.20 per common share on August 20, 2024, an increase of 5.26% over the dividend declared a year ago. The dividend is payable on October 11, 2024, to shareholders of record as of the close of business on September 13, 2024. Current and historical dividend information, as well as quarterly results, investor presentations and earnings call transcripts, are available online through Alerus’ investor relations website at investors.alerus.com.

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