Alerus Financial Corporation Declares Cash Dividend of $0.20 per Share –

Alerus Financial Corporation (NASDAQ: ALRS) announced on December 11, 2024, that its Board of Directors has declared a cash dividend of $0.20 per share of its common stock. This dividend is set to be payable on January 17, 2025, to stockholders of record as of December 27, 2024. The company has provided further details in a press release attached as Exhibit 99.1 to its Form 8-K filing with the Securities and Exchange Commission.

As an emerging growth company, Alerus Financial Corporation will be distributing this dividend to its shareholders in the coming weeks. The Board’s decision regarding the dividend reflects the company’s commitment to providing value to its investors.

For more detailed information, interested parties can refer to the press release included as part of the Form 8-K filing on the company’s investor relations website or through the SEC’s EDGAR database.

This update falls under Item 8.01 “Other Events” of the SEC filing.

Under Item 9.01 “Financial Statements and Exhibits,” Alerus Financial Corporation has included the press release as Exhibit 99.1, showcasing the details of the dividend declaration.

Additionally, the company has filed a Cover Page Interactive Data File as Exhibit 104, embedded within the Inline XBRL document.

Katie A. Lorenson, President, and Chief Executive Officer of Alerus Financial Corporation, signed off on this report on behalf of the company on December 11, 2024.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Alerus Financial’s 8K filing here.

Alerus Financial Company Profile

Alerus Financial Corporation operates as the bank holding company for Alerus Financial, National Association that engages in the provision of various financial services to businesses and consumers. The company operates in four segments: Banking, Mortgage, Retirement and Benefit Services, and Wealth Management.