Alerus Financial (Alerus Financial) 5-Year Yield-on-Cost % : 5.20 (As of Apr. 26, 2024)

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What is Alerus Financial 5-Year Yield-on-Cost %?

Alerus Financial's yield on cost for the quarter that ended in Dec. 2023 was 5.20.

The historical rank and industry rank for Alerus Financial's 5-Year Yield-on-Cost % or its related term are showing as below:

ALRS' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.59 Med: 3.34 Max: 7.3
Current: 5.2

During the past 13 years, Alerus Financial's highest Yield on Cost was 7.30. The lowest was 0.59. And the median was 3.34.

ALRS's 5-Year Yield-on-Cost % is ranked better than
51.74% of 1206 companies
in the Banks industry
Industry Median: 4.965 vs ALRS: 5.20

Competitive Comparison of Alerus Financial's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Alerus Financial's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Alerus Financial's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Alerus Financial's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Alerus Financial's 5-Year Yield-on-Cost % falls into.

Alerus Financial 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Alerus Financial is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Alerus Financial (NAS:ALRS) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Alerus Financial 5-Year Yield-on-Cost % Related Terms

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Alerus Financial (Alerus Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Alerus Financial Corp (NAS:ALRS) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

5QD:Germany

Address

401 Demers Avenue, Grand Forks, ND, USA, 58201

Website

https://www.alerus.com

Alerus Financial Corp is a financial holding company registered in the United States. The company operates in four segments: Banking, Retirement & Benefit Services, Wealth Management, and Mortgage. It provides various banking services such as checking, debit cards, savings, current deposits, loans and advances, online banking, mobile banking, private banking, payment solutions, and other business products. Additionally, the company provides mortgage loans, retirement planning solutions, individual retirement accounts, retirement plan advisory services as well as wealth management services, including financial & estate planning, trust, and fiduciary services. The company's revenue mainly consists of interest income, commission, management fees, and other income.

Executives

Kari Koob	officer: Director of Accounting	401 DEMERS AVENUE, GRAND FORKS ND 58201
Alan Villalon	officer: Chief Financial Officer	401 DEMERS AVENUE, GRAND FORKS ND 58201
Galen G Vetter	director	500 EAST GRANT STREET, #2011, MINNEAPOLIS MN 55404
Katie A Lorenson	officer: Executive Vice President/ CFO	401 DEMERS AVENUE, GRAND FORKS ND 58201
Janet O Estep	director	6060 COVENTRY DRIVE, ELKHORN NE 68022
Jerrod Hanson	officer: Chief Accounting Officer	401 DEMERS AVENUE, GRAND FORKS ND 58201
Jon Hendry	officer: Chief Technology Officer & EVP	401 DEMERS AVENUE, GRAND FORKS ND 58201
Missy Keney	officer: Chief Engagement Officer & EVP	401 DEMERS AVENUE, GRAND FORKS ND 58201
Jim Collins	officer: EVP, CBO & CRO	401 DEMERS AVENUE, GRAND FORKS ND 58201
Jill Schurtz	director	401 DEMERS AVENUE, GRAND FORKS ND 58201
Mary Zimmer	director	401 DEMERS AVENUE, GRAND FORKS ND 58201
Ryan Goldberg	officer: Chief Revenue Officer	401 DEMERS AVENUE, GRAND FORKS ND 58201
Karen Bohn	director	215 S CASCADE ST, FERGUS FALLS MN 565372801
Kris Compton	officer: Executive Vice President/ CSO	401 DEMERS AVENUE, GRAND FORKS ND 58201
Ann Mcconn	officer: Executive Vice President/ CBO	401 DEMERS AVENUE, GRAND FORKS ND 58201