ALLETE (ALE) Dividend Yield, Date & History $64.82 -0.02 (-0.03%) (As of 11:44 AM ET) Add Compare Share Share Dividend Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Dividend SummaryDividend Yield4.35%Annual Dividend$2.82Dividend Increase Track Record 14 YearsAnnualized 3-Year Dividend Growth 3.14%Dividend Payout Ratio 90.38% Recent Dividend Payment Dec. 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 Brownstone ResearchVideo: Blindfolded Man Gets Into a Cybertruck… What Happens Next Will Shock You“Hi, I’m Jeff Brown… Even though I can’t see a thing… I’m about to get in this Cybertruck and drive up to a location just a few miles from here to show you Elon Musk’s next AI product. I promise what happens next will shock you…”Click here to see what happened ALLETE vs. The CompetitionTypeALLETEUtilities CompaniesNYSE CompaniesAnnual Dividend$2.82$4.41$1.55Dividend Yield4.35%408.81%343.75%Annualized 3-Year Dividend Growth3.14%1.39%15.85%Track Record14 years28 years24 yearsALLETE Dividend Payout RatioTypePayout RatioBased on Trailing 12 Months of Earnings90.38%Based on Cashflow32.41% ALLETE Dividend History by QuarterAnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date10/25/2024quarterly$0.70504.39%11/15/202411/15/202412/1/20247/25/2024Quarterly$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%8/14/20238/15/20239/1/2023 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. 4/27/2023Quarterly$0.67804.34%5/12/20235/15/20236/1/20232/3/2023Quarterly$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%2/11/20152/16/20153/1/2015Tim 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 trade10/30/2014quarterly$0.493.75%11/12/201411/14/201412/1/20147/31/2014quarterly$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 4.35%. 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 $0.7050 per share was made to shareholders on Sunday, December 1, 2024. When was ALLETE's most recent ex-dividend date? ALLETE's most recent ex-dividend date was Friday, November 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 an increase of $0.0045 on Friday, October 25, 2024. What is ALLETE's dividend payout ratio? The dividend payout ratio for ALE is: 90.38% based on the trailing year of earnings 32.41% based on cash flow Is ALLETE a good dividend stock? ALLETE's dividend yield of 4.35% 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 90.38% may not be sustainable. More Dividend Resources from MarketBeat Related Companies PNW Dividend OGE Dividend IDA Dividend POR Dividend MGEE Dividend OTTR Dividend HE Dividend UTL Dividend NEE Dividend SO Dividend Dividend Tools Dividend Stocks Overview Dividend Investing Guide Dividend Newsletter Dividend Screener Dividend Capture Stocks Dividend Calculator Dividend Payout Ratio Calculator Dividend Tax Calculator Dividend Yield Calculator Ex-Dividend Calendar Dividend Announcements Dividend Increases Dividend Cuts Special Dividends Stock Lists Dividend Stocks Overview Dividend Investing Guide Dividend Newsletter Dividend Screener Dividend Capture Stocks Dividend Calculator Dividend Payout Ratio Calculator Dividend Tax Calculator Dividend Yield Calculator Ex-Dividend Calendar Dividend Announcements Dividend Increases Dividend Cuts Special Dividends Latest Articles Medtronic: A Dividend Aristocrat Powering Up for 2025 and Beyond3 Best Dividend Stocks to Buy as Interest Rates FallIntuit Beats Q4 Earnings: AI, Dividends, and a Growth Strategy3 High-Yield Dividend Stocks for Income Now and Growth LaterDividend King ABM Industries is on Track for New HighsWhy Altria Stock is Still a Good Dividend PlayGet Paid While You Wait - OneMain's Juicy DividendsAlphabet Changes the Narrative with Its First-Ever Dividend3 High Dividend Stocks to Replace Lower Savings Yields Ahead More Dividend News This page (NYSE:ALE) was last updated on 12/3/2024 by MarketBeat.com Staff From Our PartnersTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | SponsoredYour bank is lying to you.You might think you have your money in a high-yield savings account, but do you really? The national average A...MyBankTracker | SponsoredHow this >10-cent coin is going to outperform Bitcoin Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 diffe...True Market Insiders | SponsoredElon Musk’s chilling warning for humanityThe 'invasion' I've discovered has nothing to do with the border crisis. What's happening at our southern bord...The Freeport Society | SponsoredThe #1 Crypto for AIWe’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-u...Weiss Ratings | SponsoredIs NVDA a sell? Buy this stock instead before Dec 3After months of speculation that Nvidia was "cooling off..." and "running out of steam..." The company is m...Chaikin Analytics | SponsoredMost People Are Dead Wrong.Turn on any financial news outlet at any given moment and within minutes you're guaranteed to see headlines ab...Brownstone Research | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding ALLETE, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share ALLETE With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
