Item 8.01.Other Events.

On November 23, 2021, Alerus Financial Corporation announced that its Board of Directors declared a cash dividend of $0.16 per share of its common stock. The dividend is payable on January 14, 2022, to stockholders of record on December 24, 2021. A copy of the press release announcing the dividend is attached as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.

Item 9.01.Financial Statements and Exhibits.



(d) Exhibits


Exhibit No.                               Description

99.1             Press Release of Alerus Financial Corporation, dated November
104            23, 2021
               Cover Page Interactive Data File (embedded within the Inline XBLR
               document)

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