ALLETE, Inc. (ALE) Declares $0.52 Quarterly Dividend; 3.5% Yield

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ALLETE Board of Directors Declares Dividend on Common Stock

October 28, 2016 4:30 PM EDT

DULUTH, Minn.--(BUSINESS WIRE)-- The ALLETE, Inc. (NYSE: ALE) board of directors has declared a quarterly dividend of 52 cents per share of common stock.

On an annual basis the dividend is equivalent to $2.08 per share, unchanged from the previous quarter.

The regular quarterly dividend is... More