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NVDA   431.78 (+1.67%)
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GOOGL   132.68 (+1.64%)
AMZN   126.16 (+0.14%)
TSLA   246.80 (+2.62%)
NVDA   431.78 (+1.67%)
NIO   8.94 (+5.67%)
BABA   85.62 (-0.66%)
AMD   103.01 (+5.04%)
T   14.99 (+0.81%)
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MU   65.15 (-4.49%)
CGC   0.83 (-7.15%)
GE   112.45 (+1.41%)
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GOOGL   132.68 (+1.64%)
AMZN   126.16 (+0.14%)
TSLA   246.80 (+2.62%)
NVDA   431.78 (+1.67%)
NIO   8.94 (+5.67%)
BABA   85.62 (-0.66%)
AMD   103.01 (+5.04%)
T   14.99 (+0.81%)
F   12.58 (+1.53%)
MU   65.15 (-4.49%)
CGC   0.83 (-7.15%)
GE   112.45 (+1.41%)
DIS   79.99 (+0.11%)
AMC   7.73 (+2.11%)
PFE   32.09 (-0.03%)
PYPL   58.18 (+1.46%)
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NYSE:ALE

ALLETE (ALE) Dividend Yield, Date & History

$53.14
-0.65 (-1.21%)
(As of 02:33 PM ET)
Compare
Today's Range
$52.99
▼
$54.36
50-Day Range
$53.78
▼
$58.99
52-Week Range
$47.77
▼
$67.45
Volume
372,625 shs
Average Volume
297,168 shs
Market Capitalization
$3.05 billion
P/E Ratio
15.58
Dividend Yield
5.10%
Price Target
$60.83
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Dividend Summary

Dividend Yield
5.10%
Annual Dividend
$2.71
Dividend Increase
Track Record
13 Years
Annualized 3-Year
Dividend Growth
3.43%
Dividend Payout Ratio
79.47%
Recent
Dividend Payment
Sep. 1
Skip Charts & View Dividend History

ALE Dividend Payments

ALE Dividend Yield Over Time


ALLETE vs. The Competition

TypeALLETEUtilities CompaniesNYSE Companies
Annual Dividend$2.71$4.26$1.51
Dividend Yield5.04%421.32%376.05%
Annualized 3-Year Dividend Growth3.43%444.49%611.97%
Track Record13 years17 years9 years

ALLETE Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings79.47%
Based on This Year's Estimates73.84%
Based on Next Year's Estimates67.25%
Based on Cashflow35.92%

ALLETE Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/31/2023Quarterly$0.67804.72%8/14/20238/15/20239/1/2023
4/27/2023Quarterly$0.67804.34%5/12/20235/15/20236/1/2023
2/3/2023Quarterly$0.67804.33%2/14/20232/15/20233/1/2023
10/28/2022Quarterly$0.654.55%11/14/202211/15/202212/1/2022
7/29/2022quarterly$0.654.2%8/12/20228/15/20229/1/2022
4/29/2022quarterly$0.654.4%5/13/20225/16/20226/1/2022
2/3/2022Quarterly$0.654.05%2/14/20222/15/20223/1/2022
11/1/2021quarterly$0.634%11/12/202111/15/202112/1/2021
7/29/2021Quarterly$0.633.53%8/13/20218/16/20219/1/2021
4/29/2021Quarterly$0.633.63%5/13/20215/14/20216/1/2021
2/4/2021Quarterly$0.633.95%2/12/20212/16/20213/1/2021
11/2/2020quarterly$0.61754.6%11/13/202011/16/202012/1/2020
7/31/2020quarterly$0.61754.2%8/13/20208/14/20209/1/2020
1/1/1900quarterly$0.61804.4%5/14/20205/15/20206/1/2020
2/3/2020quarterly$0.61752.9%2/13/20202/14/20203/1/2020
10/24/2019Quarterly$0.58702.75%11/14/201911/15/201912/1/2019
7/25/2019quarterly$0.58752.74%8/14/20198/15/20199/1/2019
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)













ALLETE Dividend - Frequently Asked Questions

What is ALLETE's dividend yield?

The current dividend yield for ALLETE is 5.10%. Learn more on ALE's dividend yield history.

How much is ALLETE's annual dividend?

The annual dividend for ALE shares is $2.71. Learn more on ALE's annual dividend history.

How often does ALLETE pay dividends?

ALLETE pays quarterly dividends to shareholders.

When was ALLETE's most recent dividend payment?

ALLETE's most recent quarterly dividend payment of $0.6780 per share was made to shareholders on Friday, September 1, 2023.

When was ALLETE's most recent ex-dividend date?

ALLETE's most recent ex-dividend date was Monday, August 14, 2023.

Is ALLETE's dividend growing?

Over the past three years, the company's dividend has grown by an average of 3.43% per year.

What track record does ALLETE have of raising its dividend?

ALLETE has increased its dividend for the past 13 consecutive years.

When did ALLETE last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.0280 on Friday, February 3, 2023.

What is ALLETE's dividend payout ratio?
The dividend payout ratio for ALE is:
  • 79.47% based on the trailing year of earnings
  • 73.84% based on this year's estimates
  • 67.25% based on next year's estimates
  • 36.36% based on cash flow

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This page (NYSE:ALE) was last updated on 9/28/2023 by MarketBeat.com Staff

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