 Alerus Financial Corporation NASDAQ: ALRS announced that its board of directors declared a regular quarterly cash dividend of 0.15 per common share, a 7.1 percent increase over the dividend paid a year ago. The dividend is payable on October 9, 2020, to shareholders of record as of close of business on September 18, 2020. Current and historic dividend information, as well as quarterly financial statements, investor presentations, and earnings call transcripts are available online through Alerus investor relations website at investors.alerus.com. 