Alerus Financial Corporation Declares Quarterly Cash Dividend

Alerus Financial Corporation announced that its Board of Directors has declared a cash dividend of $0.22 per share of its common stock. The dividend will be payable on July 10, 2026, to stockholders of record on June 26, 2026. This represents a 4.76% increase over the dividend paid in the previous year. The company also provided a general overview of its business as a commercial wealth advisory services bank and national retirement services provider, detailing its services and office locations. Forward-looking statements were included, cautioning that actual results may differ due to various risks.