ALLETE, Inc. (ALE) Raises Quarterly Dividend 3.2% to $0.65; 4% Yield

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Go back to ALLETE, Inc. (ALE) Raises Quarterly Dividend 3.2% to $0.65; 4% Yield

ALLETE Board of Directors Raises Quarterly Common Stock Dividend

February 3, 2022 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 65 cents per share, a 3% percent increase.

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