ALLETE, Inc. (ALE) Raises Quarterly Dividend 2% to $0.63; 4% Yield

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ALLETE Board of Directors Raises Quarterly Common Stock Dividend

February 4, 2021 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 63 cents per share, a two percent increase.

ALLETEs board is confident in this dividend increase given our growth outlook for ALLETE, said ALLETE President and CEO Bethany Owen.... More