ALLETE, Inc. (ALE) Raises Quarterly Dividend 3% to $0.52; 4.3% Yield

ALLETE, Inc. (NYSE: ALE) declared a quarterly dividend of $0.52 per share, or $2.08 annualized. This is a 3% increase from the prior dividend of $0.505.

The dividend will be payable on March 1, 2016, to stockholders of record on February 16, 2016, with an ex-dividend date of February 11, 2016.

The annual yield on the dividend is 4.3 percent.

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

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