ALLETE (ALE) Dividend Yield, Date & History $63.48 +0.08 (+0.13%) (As of 09/6/2024 ET) Add Compare Share Share DividendStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Dividend SummaryDividend Yield4.44%Annual Dividend$2.82Dividend Increase Track Record 14 YearsAnnualized 3-Year Dividend Growth 3.14%Dividend Payout Ratio 67.79% Recent Dividend Payment Sep. 1 Get Dividend Stock Ideas Daily Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Email Address Skip Charts & View Dividend HistoryALE Dividend PaymentsOpen ALLETE in Dividend Calculator ALE Dividend Yield Over Time Open ALLETE in Dividend Yield Calculator Ad Golden CrestBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.>> Get Your FREE Wealth Protection Guide << ALLETE vs. The CompetitionTypeALLETEUtilities CompaniesNYSE CompaniesAnnual Dividend$2.82$4.40$1.46Dividend Yield4.44%408.23%350.22%Annualized 3-Year Dividend Growth3.14%1.20%15.43%Track Record14 years28 years23 yearsALLETE Dividend Payout RatioTypePayout RatioBased on Trailing 12 Months of Earnings67.79%Based on Cashflow32.43% ALLETE Dividend History by QuarterAnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date7/25/2024Quarterly$0.70054.4%8/15/20248/15/20249/1/20244/25/2024Quarterly$0.70504.73%5/14/20245/15/20246/1/20241/26/2024Quarterly$0.70504.78%2/14/20242/15/20243/1/202410/27/2023Quarterly$0.67805.16%11/14/202311/15/202312/1/20237/31/2023Quarterly$0.67804.72%8/14/20238/15/20239/1/20234/27/2023Quarterly$0.67804.34%5/12/20235/15/20236/1/2023 Get Dividend Updates for Companies Like ALLETEEnter your email address below to receive our daily newsletter that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. 2/3/2023Quarterly$0.67804.33%2/14/20232/15/20233/1/202310/28/2022Quarterly$0.654.55%11/14/202211/15/202212/1/20227/29/2022quarterly$0.654.2%8/12/20228/15/20229/1/20224/29/2022quarterly$0.654.4%5/13/20225/16/20226/1/20222/3/2022Quarterly$0.654.05%2/14/20222/15/20223/1/202211/1/2021quarterly$0.634%11/12/202111/15/202112/1/20217/29/2021Quarterly$0.633.53%8/13/20218/16/20219/1/20214/29/2021Quarterly$0.633.63%5/13/20215/14/20216/1/20212/4/2021Quarterly$0.633.95%2/12/20212/16/20213/1/202111/2/2020quarterly$0.61754.6%11/13/202011/16/202012/1/20207/31/2020quarterly$0.61754.2%8/13/20208/14/20209/1/20201/1/1900quarterly$0.61804.4%5/14/20205/15/20206/1/20202/3/2020quarterly$0.61752.9%2/13/20202/14/20203/1/202010/24/2019Quarterly$0.58702.75%11/14/201911/15/201912/1/20197/25/2019quarterly$0.58752.74%8/14/20198/15/20199/1/20194/25/2019quarterly$0.58752.94%5/14/20195/15/20196/1/20192/1/2019quarterly$0.58753.05%2/14/20192/15/20193/1/201910/25/2018quarterly$0.562.88%11/14/201811/15/201812/1/20187/27/2018quarterly$0.562.87%8/14/20188/15/20189/1/20184/25/2018quarterly$0.562.99%5/14/20185/15/20186/1/20181/25/2018quarterly$0.563.05%2/14/20182/15/20183/1/201810/25/2017quarterly$0.53502.71%11/14/201711/15/201712/1/20177/27/2017quarterly$0.53502.95%8/11/20178/15/20179/1/20174/26/2017quarterly$0.53503.01%5/11/20175/15/20176/1/20171/25/2017quarterly$0.53503.33%2/13/20172/15/20173/1/201710/28/2016quarterly$0.523.39%11/10/201611/15/201612/1/20167/28/2016quarterly$0.523.26%8/11/20168/15/20169/1/20164/21/2016quarterly$0.523.82%5/12/20165/16/20166/1/20161/22/2016quarterly$0.524.04%2/11/20162/16/20163/1/201611/2/2015quarterly$0.50503.94%11/12/201511/16/201512/1/20157/31/2015quarterly$0.50504.17%8/12/20158/14/20159/1/20154/30/2015quarterly$0.50504.04%5/13/20155/15/20156/1/20151/23/2015quarterly$0.50503.44%2/11/20152/16/20153/1/201510/30/2014quarterly$0.493.75%11/12/201411/14/201412/1/2014Tim Sykes’ Urgent Trade Alert: “Make this move now” (Ad)WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…Click here to see a unique election-year trade7/31/2014quarterly$0.494.09%8/13/20148/15/20149/1/20145/1/2014quarterly$0.493.89%5/13/20145/15/20146/1/20141/30/2014quarterly$0.493.92%2/12/20142/14/20143/1/201410/28/2013quarterly$0.47503.7%11/13/201311/15/201312/1/20137/29/2013quarterly$0.47503.54%8/13/20138/15/20139/1/20135/1/2013quarterly$0.47503.74%5/13/20135/15/20136/1/20131/23/2013quarterly$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 4.44%. Learn more on ALE's dividend yield history. How much is ALLETE's annual dividend? The annual dividend for ALE shares is $2.82. 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 $0.7005 per share was made to shareholders on Sunday, September 1, 2024. When was ALLETE's most recent ex-dividend date? ALLETE's most recent ex-dividend date was Thursday, August 15, 2024. Is ALLETE's dividend growing? Over the past three years, the company's dividend has grown by an average of 3.14% per year. What track record does ALLETE have of raising its dividend? ALLETE has increased its dividend for the past 14 consecutive years. When did ALLETE last increase or decrease its dividend? The most recent change in the company's dividend was a decrease of $0.0045 on Thursday, July 25, 2024. What is ALLETE's dividend payout ratio? The dividend payout ratio for ALE is: 67.79% based on the trailing year of earnings 32.43% based on cash flow Is ALLETE a good dividend stock? ALLETE's dividend yield of 4.45% is higher than the average Utilities company that issues a dividend. The company's 14 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. ALLETE's dividend payout ratio of 67.79% is at a healthy, sustainable level, below 75% of its earnings. 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