Education
About Us
Working with TipRanks
Follow Us
Allete Inc (ALE)
:ALE
Dividend Data
Last Ex-Dividend Date
May 15, 2025Payment date
Jun 01, 2025
Jun 01, 2025
Dividend Amount Per Share
$2.868Quarterly
Dividend Yield
4.38%Sector: Utilities
Sector Average: 2.807%
Sector Average: 2.807%
Payout Ratio
79.67%Dividend Growth
Over 16 years Since 2009
Last 3 Months
ALE Dividend History
Ex-Date | Record Date | Payment Date | Frequency | Declaration Date | Amount |
|---|---|---|---|---|---|
May 15, 2025 | May 15, 2025 | Jun 01, 2025 | Quarterly | ― | $0.73 |
Feb 14, 2025 | Feb 14, 2025 | Mar 01, 2025 | Quarterly | Jan 29, 2025 | $0.73 |
Nov 15, 2024 | Nov 15, 2024 | Dec 01, 2024 | Quarterly | Oct 25, 2024 | $0.70 |
Aug 15, 2024 | Aug 15, 2024 | Sep 01, 2024 | Quarterly | Jul 25, 2024 | $0.70 |
May 14, 2024 | May 15, 2024 | Jun 01, 2024 | Quarterly | Apr 25, 2024 | $0.70 |
Feb 14, 2024 | Feb 15, 2024 | Mar 01, 2024 | Quarterly | Jan 26, 2024 | $0.70 |
Nov 14, 2023 | Nov 15, 2023 | Dec 01, 2023 | Quarterly | Oct 27, 2023 | $0.68 |
Aug 14, 2023 | Aug 15, 2023 | Sep 01, 2023 | Quarterly | Jul 31, 2023 | $0.68 |
May 12, 2023 | May 15, 2023 | Jun 01, 2023 | Quarterly | Apr 27, 2023 | $0.68 |
Feb 14, 2023 | Feb 15, 2023 | Mar 01, 2023 | Quarterly | Feb 03, 2023 | $0.68 |
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 $2.868 per share. ALE's annual dividend yield is 4.38%.
When is Allete Inc ex-dividend date?
Allete's upcoming ex-dividend date is on May 15, 2025. Allete shareholders who own ALE stock before this date will receive Allete's next dividend payment of $2.87 per share on Jun 01, 2025. Add ALE to your watchlist to be reminded before Allete's ex-dividend date.
When is Allete Inc dividend payment date?
Allete’s next quarterly payment date is on Jun 01, 2025, when Allete shareholders who owned ALE shares before May 15, 2025 received a dividend payment of $2.87 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 $1.01, and their annual dividend per share is $2.87. ALE's dividend payout ratio is 79.67% ($2.87/$1.01) which is sustainable.