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Allete Inc (ALE)
NYSE:ALE
Holding ALE?
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Dividend Data
Last Ex-Dividend Date
Nov 15, 2024Payment date
Dec 01, 2024
Dec 01, 2024
Dividend Amount Per Share
$0.704Quarterly
Dividend Yield
4.37%Sector: Utilities
Sector Average: 2.937%
Sector Average: 2.937%
Payout Ratio
90.26%Dividend Growth
Over 16 years Since 2009
Last 3 Months
ALE Dividend History
Ex-Date | Record Date | Payment Date | Frequency | Declaration Date | Amount |
|---|---|---|---|---|---|
| Nov 15, 2024 | Nov 15, 2024 | Dec 01, 2024 | Quarterly | ― | $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 |
| Nov 14, 2022 | Nov 15, 2022 | Dec 01, 2022 | Quarterly | Oct 28, 2022 | $0.65 |
| Aug 12, 2022 | Aug 15, 2022 | Sep 01, 2022 | Quarterly | Jul 28, 2022 | $0.65 |
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 $0.704 per share. ALE's annual dividend yield is 4.37%.
When is Allete Inc ex-dividend date?
Allete's previous ex-dividend date was on Nov 15, 2024. Allete shareholders who own ALE stock before this date received Allete's last dividend payment of $0.7 per share on Dec 01, 2024. 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, 2024, when Allete shareholders who owned ALE shares before Nov 15, 2024 received a dividend payment of $0.7 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 $3.12, and their annual dividend per share is $2.82. ALE's dividend payout ratio is 90.26% ($2.82/$3.12) which is sustainable.