ALLETE, Inc. (ALE) Raises Quarterly Dividend 5.1% to $0.6175; 2.9% Yield

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ALLETE Board of Directors Raises Quarterly Common Stock Dividend

January 31, 2020 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 61.75 cents per share, a five percent increase.

ALLETEs board is confident with this dividend increase given our strong earnings growth outlook for ALLETE Clean Energy," said ALLETE Chairman, CEO... More