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Allete Inc (ALE)
NYSE:ALE
Allete (ALE) Dividend Date & History
249 Followers
Dividend Data
Last Ex-Dividend Date
Feb 14, 2024Payment date
Mar 01, 2024
Mar 01, 2024
Dividend Amount Per Share
$0.7Quarterly
Dividend Yield
4.58%Sector: Utilities
Sector Average: 2.992%
Sector Average: 2.992%
Payout Ratio
63.60%Dividend Growth
Over 15 years Since 2009
Last 3 Months
ALE Dividend History
Ex-Date | Amount | Frequency | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|
| Feb 14, 2024 | $0.70 | Quarterly | ― | Feb 15, 2024 | Mar 01, 2024 |
| Nov 14, 2023 | $0.68 | Quarterly | Oct 27, 2023 | Nov 15, 2023 | Dec 01, 2023 |
| Aug 14, 2023 | $0.68 | Quarterly | Jul 31, 2023 | Aug 15, 2023 | Sep 01, 2023 |
| May 12, 2023 | $0.68 | Quarterly | Apr 27, 2023 | May 15, 2023 | Jun 01, 2023 |
| Feb 14, 2023 | $0.68 | Quarterly | Feb 03, 2023 | Feb 15, 2023 | Mar 01, 2023 |
| Nov 14, 2022 | $0.65 | Quarterly | Oct 28, 2022 | Nov 15, 2022 | Dec 01, 2022 |
| Aug 12, 2022 | $0.65 | Quarterly | Jul 28, 2022 | Aug 15, 2022 | Sep 01, 2022 |
| May 13, 2022 | $0.65 | Quarterly | Apr 28, 2022 | May 16, 2022 | Jun 01, 2022 |
| Feb 14, 2022 | $0.65 | Quarterly | Feb 03, 2022 | Feb 15, 2022 | Mar 01, 2022 |
| Nov 12, 2021 | $0.63 | Quarterly | Oct 29, 2021 | Nov 15, 2021 | Dec 01, 2021 |
FAQ
Does Allete Inc pay dividends?
Yes, ALE has paid a dividend within the past 12 months.
How much is Allete Inc's dividend?
ALE pays a dividend of $0.7 per share. ALE's annual dividend yield is 4.58%.
When is Allete Inc ex-dividend date?
Allete's previous ex-dividend date was on Feb 14, 2024. Allete shareholders who own ALE stock before this date received Allete's last dividend payment of $0.7 per share on Mar 01, 2024. ALE's next ex-dividend date has not been announced yet.
When is Allete Inc dividend payment date?
Allete’s next quarterly payment date is on Mar 01, 2024, when Allete shareholders who owned ALE shares before Feb 14, 2024 received a dividend payment of $0.7 per share. Add ALE to your watchlist to be reminded of ALE's next dividend payment.
Does Allete Inc have sufficient earnings to cover their dividend?
Yes, ALE's past year earnings per share was $4.3, and their annual dividend per share is $2.73. ALE's dividend payout ratio is 63.60% ($2.73/$4.3) which is sustainable.