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ALLETE Board of Directors Declares Dividend on Common Stock

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ALLETE, Inc. (NYSE:ALE) has announced its board of directors' decision to maintain the quarterly dividend at 70.05 cents per share of common stock. This translates to an annual dividend of $2.82 per share, unchanged from the previous quarter. The dividend will be payable on September 1, 2024, to shareholders of record as of the close of business on August 15, 2024.

ALLETE is an energy company headquartered in Duluth, Minnesota, with diverse operations including electric utilities Minnesota Power and Superior Water, Light and Power of Wisconsin. The company also owns ALLETE Clean Energy, BNI Energy, New Energy Equity, and holds an 8% equity stake in American Transmission Co.

ALLETE, Inc. (NYSE:ALE) ha annunciato la decisione del consiglio di amministrazione di mantenere il dividendo trimestrale a 70,05 centesimi per azione di azioni ordinarie. Questo si traduce in un dividendo annuale di $2,82 per azione, invariato rispetto al trimestre precedente. Il dividendo sarà pagabile il 1 settembre 2024, agli azionisti registrati alla chiusura degli affari del 15 agosto 2024.

ALLETE è un'azienda energetica con sede a Duluth, Minnesota, con operazioni diversificate che includono le utility elettriche Minnesota Power e Superior Water, Light and Power del Wisconsin. L'azienda possiede anche ALLETE Clean Energy, BNI Energy, New Energy Equity e detiene una partecipazione dell'8% in American Transmission Co.

ALLETE, Inc. (NYSE: ALE) ha anunciado la decisión de su junta directiva de mantener el dividendo trimestral en 70.05 centavos por acción de acciones ordinarias. Esto equivale a un dividendo anual de $2.82 por acción, sin cambios respecto al trimestre anterior. El dividendo será pagadero el 1 de septiembre de 2024, a los accionistas registrados a cierre de operaciones el 15 de agosto de 2024.

ALLETE es una empresa de energía con sede en Duluth, Minnesota, con operaciones diversas que incluyen las empresas de servicios públicos eléctricos Minnesota Power y Superior Water, Light and Power de Wisconsin. La compañía también posee ALLETE Clean Energy, BNI Energy, New Energy Equity y tiene una participación del 8% en American Transmission Co.

ALLETE, Inc. (NYSE:ALE)는 이사회가 보통주당 70.05센트의 분기 배당금을 유지하기로 결정했다고 발표했습니다. 이는 주당 연간 배당금 $2.82로, 이전 분기와 변동이 없습니다. 배당금은 2024년 9월 1일에 지급되며, 2024년 8월 15일 업무 종료 시점의 주주에게 지급됩니다.

ALLETE는 미네소타주 덜루스에 본사를 둔 에너지 회사로, 미네소타 전력 및 위스콘신의 슈퍼리어 수자원, 빛 및 전력과 같은 다양한 운영을 포함합니다. 회사는 또한 ALLETE 청정 에너지, BNI 에너지, New Energy Equity를 소유하고 있으며, American Transmission Co.의 8% 지분을 보유하고 있습니다.

ALLETE, Inc. (NYSE: ALE) a annoncé la décision de son conseil d'administration de maintenir le dividende trimestriel à 70,05 cents par action d'actions ordinaires. Cela correspond à un dividende annuel de 2,82 $ par action, inchangé par rapport au trimestre précédent. Le dividende sera payable le 1er septembre 2024, aux actionnaires inscrits à la clôture des affaires le 15 août 2024.

ALLETE est une entreprise énergétique dont le siège est à Duluth, Minnesota, avec des opérations diversifiées, notamment les services publics électriques Minnesota Power et Superior Water, Light and Power du Wisconsin. L'entreprise possède également ALLETE Clean Energy, BNI Energy, New Energy Equity et détient une participation de 8 % dans American Transmission Co.

ALLETE, Inc. (NYSE:ALE) hat bekannt gegeben, dass der Vorstand beschlossen hat, die vierteljährliche Dividende bei 70,05 Cent pro Aktie auszugeben. Dies entspricht einer Jahresdividende von 2,82 $ pro Aktie, unverändert seit dem vorherigen Quartal. Die Dividende wird am 1. September 2024 an die Aktionäre gezahlt, die am 15. August 2024 zum Ende des Geschäftstags im Aktienregister stehen.

ALLETE ist ein Energieunternehmen mit Hauptsitz in Duluth, Minnesota, das vielfältige Betriebe betreibt, einschließlich der Elektrizitätsunternehmen Minnesota Power und Superior Water, Light and Power aus Wisconsin. Das Unternehmen besitzt ebenfalls ALLETE Clean Energy, BNI Energy, New Energy Equity und hält einen 8%igen Anteil an American Transmission Co.

Positive
  • Consistent quarterly dividend of $0.7005 per share maintained
  • Annual dividend equivalent of $2.82 per share
  • Diversified energy portfolio including utilities and clean energy assets
Negative
  • None.

DULUTH, Minn.--(BUSINESS WIRE)-- The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 70.05 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 September 1 to common stock shareholders of record at the close of business August 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; BNI Energy in Bismarck, ND; New Energy Equity, headquartered in Annapolis, MD; and has an 8% 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

2
18-723-3952

vmeyer@allete.com

Source: ALLETE, Inc.

FAQ

What is ALLETE's current quarterly dividend per share?

ALLETE's current quarterly dividend is 70.05 cents per share of common stock.

When is ALLETE's next dividend payable?

ALLETE's next dividend is payable on September 1, 2024, to shareholders of record as of August 15, 2024.

What is ALLETE's annual dividend yield based on the current quarterly dividend?

Based on the current quarterly dividend of 70.05 cents, ALLETE's annual dividend yield is equivalent to $2.82 per share.

Has ALLETE (ALE) changed its dividend compared to the previous quarter?

No, ALLETE has maintained its quarterly dividend at 70.05 cents per share, unchanged from the previous quarter.

ALLETE, Inc.

NYSE:ALE

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1.88%
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