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Alerus Financial Corp (ALRS.US) went ex-dividend — CA$0.22

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Dividend history

Alerus Financial Corp

ALRS.US

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Recent payments

$0.2200USD

Ex: Sep 25, 2026

Pay: Oct 9

Quarterly

What the Ex-Dividend Date Means for Shareholders

Alerus Financial Corp (ALRS.US) went ex-dividend on September 25, 2026. This means that if you owned the stock before this date, you’re eligible to receive a dividend of CA$0.22 USD per share. The ex-dividend date is important because it’s the last day for investors to qualify for the upcoming dividend payment.

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Alerus Financial Corp

ALRS.US

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ALRS.US

Alerus Financial Corp

Source:WealthAwesomeWealthAwesome
↑ $2.71 (9.21%)
70 day period
$29.46$31.79$34.12Jun 17Aug 7Sep 25

Market cap

$801.92M

P/E

29.8x

Div. yield

2.66%

Div. / share

$0.85

52W high

$34.17

52W low

$19.66

1W change

-1.77%

Beta

0.68

Analyst Price Targets

Based on 5 analysts covering ALRS · as of Sep 17, 2026

📈

Wall Street analysts forecast ALRS stock price to rise 10.0% over the next 12 months.

Consensus

Buy

3.60 / 5.00

Avg. Target

C$35.40

+10.0% Upside

Current Price

C$32.17

Last close

Analyst Breakdown (5 analysts)

Strong Buy 1
Buy 1
Hold 3
Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on ALRS's historical volatility

HistoricalForecast68%95%
C$26.59C$29.51C$32.43C$35.35C$38.27C$41.19TodayJun 17Aug 7Sep 25Nov 7Dec 21Feb 2

30-Day Vol

15.8%

Annualized

90-Day Vol

17.5%

Annualized

Trend (90d)

+8.0%

Annualized drift

90d Mean

C$33.11

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$32.48C$30.76 – C$34.30
60 trading daysC$32.79C$30.36 – C$35.42
90 trading daysC$33.11C$30.12 – C$36.39

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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Investor Takeaway: For Canadian retail investors, knowing the ex-dividend date is key, especially when managing dividend payments in registered accounts like TFSA or RRSP. With Alerus Financial Corp’s trailing yield at 2.66%, this dividend can be a valuable part of an income strategy focused on cash flow.

Dividend Details for Alerus Financial Corp

The dividend amount is CA$0.22 USD, with a payment date set for October 9, 2026.

Understanding Ex-Dividend

The term 'ex-dividend' means that a stock is trading without the value of its next dividend payment. When Alerus Financial Corp went ex-dividend on September 25, 2026, it indicated that any investor buying shares on or after this date would not receive the upcoming dividend. To qualify for this payment, you needed to hold the stock before the ex-dividend date.

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Upcoming Payment Details

Alerus Financial Corp has declared a dividend of CA$0.22 USD per share, with a payment date of October 9, 2026. This quarterly payment shows the company’s commitment to returning value to its shareholders. Investors who held shares as of the record date, which is the same as the ex-dividend date, will receive this payment.


Dividend calendar

TickerALRS.US
AmountCA$0.22
Ex-dividend2026-09-25
Record2026-09-25
Payment2026-10-09
Declared2026-08-26
Trailing yield2.66%
Stock pageALRS.US dividend history

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Wealth Awesome
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Wealth Awesome

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

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⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: September 28, 2026
Last Updated: September 28, 2026

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