ALLETE, Inc. (ALE) Raises Quarterly Dividend 4.2% to $0.6775; 4.3% Yield

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Go back to ALLETE, Inc. (ALE) Raises Quarterly Dividend 4.2% to $0.6775; 4.3% Yield

ALLETE Board of Directors raises quarterly common stock dividend

February 3, 2023 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 $0.6775 per share, a 4.2% percent increase.

This dividend increase reflects the ALLETE Board of Directors confidence in our growth outlook for ALLETE, said ALLETE Chair, President and CEO Bethany Owen. We are... More