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AMZN   118.15 (+2.29%)
TSLA   176.89 (+1.74%)
NVDA   316.78 (+4.97%)
NIO   7.82 (-2.62%)
BABA   85.77 (-5.41%)
AMD   107.93 (+4.03%)
T   16.55 (-0.66%)
F   11.64 (+1.22%)
MU   67.57 (+4.08%)
CGC   1.05 (+0.00%)
GE   104.01 (+0.52%)
DIS   93.76 (+1.07%)
AMC   5.07 (-0.59%)
PFE   36.48 (-0.73%)
PYPL   61.27 (-0.31%)
NFLX   371.29 (+9.22%)
QQQ   337.27 (+1.86%)
AAPL   175.05 (+1.37%)
MSFT   318.52 (+1.44%)
META   246.85 (+1.80%)
GOOGL   122.83 (+1.65%)
AMZN   118.15 (+2.29%)
TSLA   176.89 (+1.74%)
NVDA   316.78 (+4.97%)
NIO   7.82 (-2.62%)
BABA   85.77 (-5.41%)
AMD   107.93 (+4.03%)
T   16.55 (-0.66%)
F   11.64 (+1.22%)
MU   67.57 (+4.08%)
CGC   1.05 (+0.00%)
GE   104.01 (+0.52%)
DIS   93.76 (+1.07%)
AMC   5.07 (-0.59%)
PFE   36.48 (-0.73%)
PYPL   61.27 (-0.31%)
NFLX   371.29 (+9.22%)
QQQ   337.27 (+1.86%)
AAPL   175.05 (+1.37%)
MSFT   318.52 (+1.44%)
META   246.85 (+1.80%)
GOOGL   122.83 (+1.65%)
AMZN   118.15 (+2.29%)
TSLA   176.89 (+1.74%)
NVDA   316.78 (+4.97%)
NIO   7.82 (-2.62%)
BABA   85.77 (-5.41%)
AMD   107.93 (+4.03%)
T   16.55 (-0.66%)
F   11.64 (+1.22%)
MU   67.57 (+4.08%)
CGC   1.05 (+0.00%)
GE   104.01 (+0.52%)
DIS   93.76 (+1.07%)
AMC   5.07 (-0.59%)
PFE   36.48 (-0.73%)
PYPL   61.27 (-0.31%)
NFLX   371.29 (+9.22%)
NYSE:ALE

ALLETE (ALE) Dividend Yield, Date & History

$61.48
-0.08 (-0.13%)
(As of 05/18/2023 ET)
Compare
Today's Range
$60.59
▼
$61.67
50-Day Range
$60.31
▼
$65.59
52-Week Range
$47.77
▼
$67.45
Volume
273,528 shs
Average Volume
304,902 shs
Market Capitalization
$3.52 billion
P/E Ratio
19.33
Dividend Yield
4.41%
Price Target
$64.17
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Dividend Summary

Dividend Yield
4.41%
Annual Dividend
$2.71
Dividend Increase
Track Record
13 Years
Annualized 3-Year
Dividend Growth
3.43%
Dividend Payout Ratio
85.22%
Next
Dividend Payment
Jun. 1
Skip Charts & View Dividend History

ALE Dividend Payments

ALE Dividend Yield Over Time


ALLETE vs. The Competition

TypeALLETEUtilities CompaniesNYSE Companies
Annual Dividend$2.71$3.75$1.55
Dividend Yield4.42%3.75%4.03%
Annualized 3-Year Dividend Growth3.43%5.63%6.33%
Track Record13 years17 years9 years

ALLETE Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings85.22%
Based on This Year's Estimates73.44%
Based on Next Year's Estimates67.75%
Based on Cashflow35.63%

ALLETE Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/27/2023Quarterly$0.67804.34%5/12/20235/15/20236/1/2023
2/3/2023Quarterly$0.67804.33%2/14/20232/15/20233/1/2023
10/28/2022Quarterly$0.654.55%11/14/202211/15/202212/1/2022
7/29/2022quarterly$0.654.2%8/12/20228/15/20229/1/2022
4/29/2022quarterly$0.654.4%5/13/20225/16/20226/1/2022
2/3/2022Quarterly$0.654.05%2/14/20222/15/20223/1/2022
11/1/2021quarterly$0.634%11/12/202111/15/202112/1/2021
7/29/2021Quarterly$0.633.53%8/13/20218/16/20219/1/2021
4/29/2021Quarterly$0.633.63%5/13/20215/14/20216/1/2021
2/4/2021Quarterly$0.633.95%2/12/20212/16/20213/1/2021
11/2/2020quarterly$0.61754.6%11/13/202011/16/202012/1/2020
7/31/2020quarterly$0.61754.2%8/13/20208/14/20209/1/2020
1/1/1900quarterly$0.61804.4%5/14/20205/15/20206/1/2020
2/3/2020quarterly$0.61752.9%2/13/20202/14/20203/1/2020
10/24/2019Quarterly$0.58702.75%11/14/201911/15/201912/1/2019
7/25/2019quarterly$0.58752.74%8/14/20198/15/20199/1/2019
4/25/2019quarterly$0.58752.94%5/14/20195/15/20196/1/2019
2/1/2019quarterly$0.58753.05%2/14/20192/15/20193/1/2019
10/25/2018quarterly$0.562.88%11/14/201811/15/201812/1/2018
7/27/2018quarterly$0.562.87%8/14/20188/15/20189/1/2018
4/25/2018quarterly$0.562.99%5/14/20185/15/20186/1/2018
1/25/2018quarterly$0.563.05%2/14/20182/15/20183/1/2018
10/25/2017quarterly$0.53502.71%11/14/201711/15/201712/1/2017
7/27/2017quarterly$0.53502.95%8/11/20178/15/20179/1/2017
4/26/2017quarterly$0.53503.01%5/11/20175/15/20176/1/2017
1/25/2017quarterly$0.53503.33%2/13/20172/15/20173/1/2017
10/28/2016quarterly$0.523.39%11/10/201611/15/201612/1/2016
7/28/2016quarterly$0.523.26%8/11/20168/15/20169/1/2016
4/21/2016quarterly$0.523.82%5/12/20165/16/20166/1/2016
1/22/2016quarterly$0.524.04%2/11/20162/16/20163/1/2016
11/2/2015quarterly$0.50503.94%11/12/201511/16/201512/1/2015
7/31/2015quarterly$0.50504.17%8/12/20158/14/20159/1/2015
4/30/2015quarterly$0.50504.04%5/13/20155/15/20156/1/2015
1/23/2015quarterly$0.50503.44%2/11/20152/16/20153/1/2015
10/30/2014quarterly$0.493.75%11/12/201411/14/201412/1/2014
7/31/2014quarterly$0.494.09%8/13/20148/15/20149/1/2014
5/1/2014quarterly$0.493.89%5/13/20145/15/20146/1/2014
1/30/2014quarterly$0.493.92%2/12/20142/14/20143/1/2014
10/28/2013quarterly$0.47503.7%11/13/201311/15/201312/1/2013
7/29/2013quarterly$0.47503.54%8/13/20138/15/20139/1/2013
5/1/2013quarterly$0.47503.74%5/13/20135/15/20136/1/2013
1/23/2013quarterly$0.47504.24%2/13/20132/15/20133/1/2013
(Data available from 1/1/2013 forward)













ALLETE Dividend - Frequently Asked Questions

What is ALLETE's dividend yield?

The current dividend yield for ALLETE is 4.41%. Learn more on ALE's dividend yield history.

How much is ALLETE's annual dividend?

The annual dividend for ALE shares is $2.71. Learn more on ALE's annual dividend history.

How often does ALLETE pay dividends?

ALLETE pays quarterly dividends to shareholders.

When is ALLETE's next dividend payment?

ALLETE's next quarterly dividend payment of $0.6780 per share will be made to shareholders on Thursday, June 1, 2023.

When was ALLETE's most recent dividend payment?

ALLETE's most recent quarterly dividend payment of $0.6780 per share was made to shareholders on Wednesday, March 1, 2023.

When was ALLETE's most recent ex-dividend date?

ALLETE's most recent ex-dividend date was Friday, May 12, 2023.

Is ALLETE's dividend growing?

Over the past three years, the company's dividend has grown by an average of 3.43% per year.

What track record does ALLETE have of raising its dividend?

ALLETE has increased its dividend for the past 13 consecutive years.

When did ALLETE last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.0280 on Friday, February 3, 2023.

What is ALLETE's dividend payout ratio?
The dividend payout ratio for ALE is:
  • 85.22% based on the trailing year of earnings
  • 73.44% based on this year's estimates
  • 67.75% based on next year's estimates
  • 35.53% based on cash flow

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This page (NYSE:ALE) was last updated on 5/18/2023 by MarketBeat.com Staff

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