Alerus Financial Corporation Declares Cash Dividend on Common Shares
29 February 2024 - 9:35AM
Business Wire
Alerus Financial Corporation (NASDAQ: ALRS) announced that its
board of directors declared a regular quarterly cash dividend of
$0.19 per common share on February 27, 2024, a 5.56% increase over
the dividend paid a year ago. The dividend is payable on April 12,
2024, to stockholders of record as of close of business on March
15, 2024. Current and historic dividend information, as well as
quarterly financial statements, investor presentations, and
earnings call transcripts are available online through Alerus’
investor relations website at investors.alerus.com.
About Alerus Financial Corporation
Alerus Financial Corporation is a diversified financial services
company with corporate offices in Grand Forks, North Dakota, and
the Minneapolis-St. Paul, Minnesota metropolitan area. Through its
subsidiary, Alerus Financial, N.A., Alerus provides innovative and
comprehensive financial solutions to business and consumer clients
through four distinct business segments—banking, retirement and
benefit services, wealth management, and mortgage. Alerus provides
clients with a primary point of contact to help fully understand
the unique needs and delivery channel preferences of each client.
Clients are provided with competitive products, valuable insight
and sound advice supported by digital solutions designed to meet
the clients’ needs. Alerus has banking, mortgage, and wealth
management offices in Grand Forks and Fargo, North Dakota, the
Minneapolis-St. Paul, Minnesota metropolitan area, and Phoenix,
Scottsdale, and Mesa Arizona. Alerus Retirement and Benefits plan
administration hubs are in Minnesota, Michigan, and Colorado.
Forward Looking Statements
This press release contains “forward-looking statements” within
the meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. Forward-looking
statements include, without limitation, statements concerning
plans, estimates, calculations, forecasts and projections with
respect to the anticipated future performance of Alerus Financial
Corporation. Forward-looking statements are neither historical
facts nor assurances of future performance. Instead, they are based
only on our current beliefs, expectations, and assumptions
regarding the future of our business, future plans and strategies,
projections, anticipated events and trends, the economy and other
future conditions. Because forward-looking statements relate to the
future, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict and many of
which are outside of our control. Our actual results and financial
condition may differ materially from those indicated in the
forward-looking statements. Therefore, you should not rely on any
of these forward-looking statements. Important factors that could
cause our actual results and financial condition to differ
materially from those indicated in the forward-looking statements
include, among others, the risks described in the “Risk Factors”
sections of reports filed by Alerus Financial Corporation with the
Securities and Exchange Commission. Any forward-looking statement
made by us in this press release is based only on information
currently available to us and speaks only as of the date on which
it is made. We undertake no obligation to publicly update any
forward-looking statement, whether written or oral, that may be
made from time to time, whether as a result of new information,
future developments or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20240228453831/en/
Al Villalon, Investor Relations 952.417.3733
Al.Villalon@alerus.com investors.alerus.com
Alerus Financial (NASDAQ:ALRS)
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