ALLETE Board of Directors Declares Dividend on Common Stock
ALLETE, Inc. (NYSE:ALE) has declared a quarterly dividend of 63 cents per share, consistent with the previous quarter, translating to an annual dividend of $2.52 per share. This dividend will be payable on September 1, 2021, to shareholders on record as of August 16. ALLETE is an energy company based in Duluth, Minnesota, operating electric utilities and clean energy facilities across various states.
- Quarterly dividend of 63 cents per share, consistent with previous dividend.
- Annual dividend remains at $2.52 per share, indicating stable income for shareholders.
- None.
The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 63 cents per share of common stock.
On an annual basis, the dividend is equivalent to
The regular quarterly dividend is payable September 1 to common stock shareholders of record at the close of business August 16, 2021.
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, based in Bismarck, N.D.; 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210729005180/en/
