ALERUS FINL COR/SH (OTCMKTS:ALRS) declared a — dividend on Wednesday, September 18th, Wall Street Journal reports. Investors of record on Friday, September 20th will be given a dividend of 0.14 per share on Friday, October 11th. This represents a dividend yield of 2.5%. The ex-dividend date is Thursday, September 19th.

OTCMKTS:ALRS traded up $0.11 during mid-day trading on Wednesday, reaching $21.98. The stock had a trading volume of 11,646 shares, compared to its average volume of 8,284. ALERUS FINL COR/SH has a twelve month low of $18.70 and a twelve month high of $25.50. The business has a 50 day simple moving average of $20.27 and a 200 day simple moving average of $19.39.

About ALERUS FINL COR/SH

Alerus Financial Corporation, through its subsidiaries, provides various financial services for individuals, families, and businesses. It offers checking and savings accounts, certificates of deposit, personal loans, lines of credit, debit and credit cards, deposit and payment solutions, and mobile wallet, as well as online banking and bill pay, mobile banking, and private banking services.

Further Reading: Equal Weight Rating

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