ALLETE, Inc. (ALE) Declares $0.73 Quarterly Dividend; 4.5% Yield

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ALLETE Board of Directors Raises Quarterly Common Stock Dividend

January 30, 2025 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 $0.73 per share, a 3.5 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