What is the total return of ALRS over the past year?
Alerus Financial Corporation (ALRS) delivered a total return of 29.60% over the past year when dividends are reinvested. The price-only return was 24.61%, meaning dividends contributed an additional 4.99 percentage points to total returns.
How much would $10,000 invested in ALRS be worth today?
A $10,000 investment in Alerus Financial Corporation one year ago would be worth $12,960 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $12,461. Dividend reinvestment added $499 to the portfolio value.
Does ALRS pay dividends?
Yes, Alerus Financial Corporation (ALRS) pays dividends. Over the past year, ALRS paid 4 dividends totaling $0.8300 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.