Alerus Financial increases quarterly dividend to $0.19 per share, a 5.56% increase

ALERUS FINANCIAL CORP

Board declared a cash dividend of $0.19 per common share, payable on October 13, 2023.
Dividend represents a 5.56% increase over the same quarter last year.
Stockholders of record as of September 15, 2023 are eligible for the dividend.
The dividend was announced via press release on August 24, 2023.

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