ALLETE, Inc. (ALE) Raises Quarterly Dividend 3.1% to $0.505; 3.5% Yield

ALLETE, Inc. (NYSE: ALE) declared a quarterly dividend of $0.505 per share, or $2.02 annualized. This is a 3.1% increase from the prior dividend of $0.49.

The dividend will be payable on March 1, 2015, to stockholders of record on February 16, 2015, with an ex-dividend date of February 11, 2015.

The annual yield on the dividend is 3.5 percent.

For a dividend history and other dividend-related data on ALLETE, Inc. (ALE) click here.

You May Also Be Interested In

• Ball Corporation (BALL) Raises Dividend, Enters 40M Share Buyback, Announces Management Changes
• Walgreens Boots Alliance (WBA) Declares $0.25 Quarterly Dividend; 5.7% Yield
• Fortress Transportation (FTAI) Declares $0.30 Quarterly Dividend; 1.6% Yield