Dividends
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ALLETE (ALE) Declares $0.44 Dividend; 5.1% Yield
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The ALLETE, Inc. (NYSE: ALE) has declared a quarterly dividend of $0.44 per share, or $1.76 annualized.
The regular quarterly dividend is payable December 1 to common stock shareholders of record at the close of business November 16, 2009. The ex-dividend date is November 12, 2009.
The dividend yield is 5.1%.
ALLETE, Inc., together with its subsidiaries, engages in the generation, transmission, and distribution of electric power in the United States.
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