NYSE:ALE - ALLETE Dividend Yield, History & Payout Ratio

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$81.84 -0.27 (-0.33 %)
(As of 05/20/2019 04:00 PM ET)
Previous Close$82.11
Today's Range$81.64 - $82.74
52-Week Range$70.46 - $84.26
Volume128,600 shs
Average Volume213,198 shs
Market Capitalization$4.22 billion
P/E Ratio22.67
Dividend Yield2.86%
Beta0.28

Dividends

ALLETE (NYSE:ALE) Dividend Information

ALLETE pays an annual dividend of $2.35 per share, with a dividend yield of 2.87%. ALE's next quarterly dividend payment will be made to shareholders of record on Saturday, June 1. The company has grown its dividend for the last 8 consecutive years and is increasing its dividend by an average of 3.50% each year. ALLETE pays out 65.10% of its earnings out as a dividend.
Next Dividend:6/1/2019
Annual Dividend:$2.35
Dividend Yield:2.87%
Dividend Growth:3.50% (3 Year Average)
Payout Ratio(s):65.10% (Trailing 12 Months of Earnings)
65.10% (Based on This Year's Estimates)
60.88% (Based on Next Year's Estimates)
32.53% (Based on Cash Flow)
Track Record:8 Years of Consecutive Dividend Growth
Frequency:Quarterly Dividend
Most-Recent Increase:$0.0275 increase on 2/1/2019
Dividend Payments by Quarter for ALLETE (NYSE:ALE)

ALLETE (NYSE:ALE) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/25/2019quarterly$0.58752.94%5/14/20195/15/20196/1/2019
2/1/2019quarterly$0.58753.05%2/14/20192/15/20193/1/2019
10/25/2018quarterly$0.562.88%11/14/201811/15/201812/1/2018
7/27/2018quarterly$0.562.87%8/14/20188/15/20189/1/2018
4/25/2018quarterly$0.562.99%5/14/20185/15/20186/1/2018
1/25/2018quarterly$0.563.05%2/14/20182/15/20183/1/2018
10/25/2017quarterly$0.53502.71%11/14/201711/15/201712/1/2017
7/27/2017quarterly$0.53502.95%8/11/20178/15/20179/1/2017
4/26/2017quarterly$0.53503.01%5/11/20175/15/20176/1/2017
1/25/2017quarterly$0.53503.33%2/13/20172/15/20173/1/2017
10/28/2016quarterly$0.523.39%11/10/201611/15/201612/1/2016
7/28/2016quarterly$0.523.26%8/11/20168/15/20169/1/2016
4/21/2016quarterly$0.523.82%5/12/20165/16/20166/1/2016
1/22/2016quarterly$0.524.04%2/11/20162/16/20163/1/2016
11/2/2015quarterly$0.50503.94%11/12/201511/16/201512/1/2015
7/31/2015quarterly$0.50504.17%8/12/20158/14/20159/1/2015
4/30/2015quarterly$0.50504.04%5/13/20155/15/20156/1/2015
1/23/2015quarterly$0.50503.44%2/11/20152/16/20153/1/2015
10/30/2014quarterly$0.493.75%11/12/201411/14/201412/1/2014
7/31/2014quarterly$0.494.09%8/13/20148/15/20149/1/2014
5/1/2014quarterly$0.493.89%5/13/20145/15/20146/1/2014
1/30/2014quarterly$0.493.92%2/12/20142/14/20143/1/2014
10/28/2013quarterly$0.47503.7%11/13/201311/15/201312/1/2013
7/29/2013quarterly$0.47503.54%8/13/20138/15/20139/1/2013
5/1/2013quarterly$0.47503.74%5/13/20135/15/20136/1/2013
1/23/2013quarterly$0.47504.24%2/13/20132/15/20133/1/2013
(Data available from 1/1/2013 forward)
This page was last updated on 5/20/2019 by MarketBeat.com Staff

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