Working with TipRanks
Follow Us
Stocks
ETFs
Options
Crypto
Currency
Research Tools
Calendars
Calculators
Education
About Us
Working with TipRanks
Follow Us
Allete Inc (ALE)
NYSE:ALE
Allete (ALE) Dividend Date & History
239 Followers
Dividend Data
Last Ex-Dividend Date
Nov 14, 2023Payment date
Dec 01, 2023
Dec 01, 2023
Dividend Amount Per Share
$0.68Quarterly
Dividend Yield
4.42%Sector: Utilities
Sector Average: 2.992%
Sector Average: 2.992%
Payout Ratio
62.83%Dividend Growth
Over 15 years Since 2009
Moderate Sell
Last 3 Months
ALE Dividend History
Ex-Date | Amount | Frequency | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|
| Nov 14, 2023 | $0.68 | Quarterly | ― | 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 |
| Aug 13, 2021 | $0.63 | Quarterly | Jul 29, 2021 | Aug 16, 2021 | Sep 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 $0.68 per share. ALE's annual dividend yield is 4.42%.
When is Allete Inc ex-dividend date?
Allete's previous ex-dividend date was on Nov 14, 2023. Allete shareholders who own ALE stock before this date received Allete's last dividend payment of $0.68 per share on Dec 01, 2023. 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 Dec 01, 2023, when Allete shareholders who owned ALE shares before Nov 14, 2023 received a dividend payment of $0.68 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 $4.31, and their annual dividend per share is $2.71. ALE's dividend payout ratio is 62.83% ($2.71/$4.31) which is sustainable.