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ALLETE Board of Directors declares dividend on common stock

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ALLETE, Inc. (NYSE: ALE) declares a quarterly dividend of 70.50 cents per share of common stock, equivalent to $2.82 per share annually. The dividend remains unchanged from the previous quarter. The dividend will be paid on June 1 to common stock shareholders of record as of May 15, 2024. ALLETE Inc. is an energy company based in Duluth, Minnesota, with various subsidiaries in the energy sector.
ALLETE, Inc. (NYSE: ALE) ha dichiarato un dividendo trimestrale di 70,50 centesimi per azione ordinaria, equivalente a 2,82 dollari per azione all'anno. Il dividendo rimane invariato rispetto al trimestre precedente. Il pagamento del dividendo sarà effettuato il 1° giugno ai possessori di azioni ordinarie registrati il 15 maggio 2024. ALLETE Inc. è una società energetica con sede a Duluth, Minnesota, e possiede diverse filiali nel settore energetico.
ALLETE, Inc. (NYSE: ALE) ha declarado un dividendo trimestral de 70.50 centavos por acción común, lo que equivale a $2.82 por acción al año. El dividendo permanece sin cambios respecto al trimestre anterior. El dividendo será pagado el 1 de junio a los accionistas registrados de acciones comunes a fecha 15 de mayo de 2024. ALLETE Inc. es una empresa de energía con sede en Duluth, Minnesota, y tiene varias subsidiarias en el sector energético.
ALLETE, Inc. (NYSE: ALE)는 보통주 1주당 70.50센트의 분기 배당금을 선언했으며, 이는 연간 주당 2.82달러에 해당합니다. 이 배당금은 이전 분기와 동일합니다. 배당금은 2024년 5월 15일에 기록된 보통주 주주들에게 6월 1일에 지급될 예정입니다. ALLETE Inc.는 다양한 에너지 부문 자회사를 보유한 미네소타 주 덜루스에 본사를 둔 에너지 회사입니다.
ALLETE, Inc. (NYSE: ALE) a déclaré un dividende trimestriel de 70,50 cents par action ordinaire, ce qui équivaut à 2,82 dollars par action annuellement. Le dividende reste inchangé par rapport au trimestre précédent. Le dividende sera versé le 1er juin aux actionnaires inscrits des actions ordinaires au 15 mai 2024. ALLETE Inc. est une entreprise d'énergie basée à Duluth, Minnesota, possédant plusieurs filiales dans le secteur énergétique.
ALLETE, Inc. (NYSE: ALE) hat eine Quartalsdividende von 70,50 Cent pro Stammaktie bekannt gegeben, was jährlich 2,82 Dollar pro Aktie entspricht. Die Dividende bleibt im Vergleich zum vorherigen Quartal unverändert. Die Dividende wird am 1. Juni an die Aktionäre der Stammaktien, die am 15. Mai 2024 als solche eingetragen sind, ausgezahlt. ALLETE Inc. ist ein Energieunternehmen mit Sitz in Duluth, Minnesota, und besitzt mehrere Tochtergesellschaften im Energiesektor.
Positive
  • ALLETE declares a quarterly dividend of 70.50 cents per share of common stock.
  • The dividend is equivalent to $2.82 per share annually.
  • The dividend remains unchanged from the previous quarter.
  • The dividend will be paid on June 1 to common stock shareholders of record as of May 15, 2024.
  • ALLETE Inc. is an energy company based in Duluth, Minnesota, with multiple subsidiaries in the energy sector.
Negative
  • None.

DULUTH, Minn.--(BUSINESS WIRE)-- The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 70.50 cents per share of common stock.

On an annual basis the dividend is equivalent to $2.82 per share, unchanged from the previous quarter.

The regular quarterly dividend is payable June 1 to common stock shareholders of record at the close of business May 15, 2024.

ALLETE Inc. is an energy company headquartered in Duluth, Minnesota. In addition to its electric utilities, Minnesota Power and Superior Water, Light and Power of Wisconsin, ALLETE owns ALLETE Clean Energy, based in Duluth; New Energy Equity based in Annapolis, MD; BNI Energy, based in Bismarck, ND; and has an 8 percent equity interest in the American Transmission Co. More information about ALLETE is available at www.allete.com. ALE-CORP

The statements contained in this release and statements that ALLETE may make orally in connection with this release that are not historical facts, are forward-looking statements. These forward-looking statements involve risks and uncertainties and investors are directed to the risks discussed in documents filed by ALLETE with the Securities and Exchange Commission.

Investor Contact:

Vince Meyer

218-723-3952

vmeyer@allete.com

Source: ALLETE, Inc.

FAQ

What is the quarterly dividend declared by ALLETE, Inc. (NYSE: ALE)?

ALLETE, Inc. (NYSE: ALE) has declared a quarterly dividend of 70.50 cents per share of common stock.

What is the annual equivalent of the dividend declared by ALLETE, Inc. (NYSE: ALE)?

The annual equivalent of the dividend declared by ALLETE, Inc. (NYSE: ALE) is $2.82 per share.

When will the dividend be paid to common stock shareholders of ALLETE, Inc. (NYSE: ALE)?

The dividend will be paid on June 1 to common stock shareholders of ALLETE, Inc. (NYSE: ALE) who are on record as of May 15, 2024.

Where is ALLETE Inc. headquartered?

ALLETE Inc. is headquartered in Duluth, Minnesota.

What are some subsidiaries of ALLETE Inc. (NYSE: ALE)?

ALLETE Inc. (NYSE: ALE) owns subsidiaries such as ALLETE Clean Energy, New Energy Equity, and BNI Energy, among others.

ALLETE, Inc.

NYSE:ALE

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3.71B
57.38M
0.42%
79.16%
2.24%
Nuclear Electric Power Generation
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United States of America
DULUTH

About ALE

ALLETE, Inc. engages in the provision of electric and natural gas utility services.