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Alerus Keeps Dividend Steady, Approves New Buyback Program

Alerus Keeps Dividend Steady, Approves New Buyback Program

MT newswireMT newswire2026/08/27 20:44
04:44 PM EDT, 08/27/2026 (MT Newswires) -- Alerus Financial (ALRS) said late Thursday it maintained its quarterly dividend at $0.22 per share, payable Oct. 9 to stockholders of record Sept. 25. Alerus also said its board approved a new buyback program, authorizing it to repurchase up to 1.25 million shares. The new program will expire on Aug. 26, 2029, it added.
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