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Stock impact report

Alerus Financial (NASDAQ:ALRS) Is Paying Out A Dividend Of $0.21 [Yahoo! Finance]

Alerus Financial Corporation (ALRS) 
NASDAQ:AMEX Investor Relations: investors.alerus.com
Company Research Source: Yahoo! Finance
This means the annual payment is 3.6% of the current stock price, which is above the average for the industry. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. A big dividend yield for a few years doesn't mean much if it can't be sustained. Alerus Financial has a long history of paying out dividends, with its current track record at a minimum of 10 years. Past distributions do not necessarily guarantee future ones, but Alerus Financial's payout ratio of 41% is a good sign as this means that earnings decently cover dividends. The next 3 years are set to see EPS grow by 24.8%. The future payout ratio could be 35% over that time period, according to analyst estimates, which is a good look for the future of the dividend. See our latest analysis for Alerus Financial The company has an extended history of paying stable dividends. The dividend has gone from an annual total of $0.40 in 2015 to the most recent tota Show less Read more
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