ALLETE Board of Directors Declares Dividend on Common Stock

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ALLETE, Inc. (ALE) Declares $0.505 Quarterly Dividend; 4.2% Yield

July 31, 2015 8:31 AM EDT

ALLETE, Inc. (NYSE: ALE) declared a quarterly dividend of $0.505 per share, or $2.02 annualized.

The dividend will be payable on September 1, 2015, to stockholders of record on August 14, 2015, with an ex-dividend date of August 12, 2015.

The annual yield on the dividend is 4.2 percent.

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