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

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

ALLETE Board of Directors Raises Quarterly Common Stock Dividend

January 22, 2016 6:30 AM EST

DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE, Inc. (NYSE: ALE) today announced that its Board of Directors has increased the quarterly dividend on the companys common stock to 52 cents per share, an increase of 3 percent.

This increase is supported by ALLETEs solid financial position and continues our long history of returning value to shareholders, said ALLETE Chairman, CEO and President Al... More