Advertisement
Canada markets closed
  • S&P/TSX

    22,259.47
    +312.06 (+1.42%)
     
  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     
  • DOW

    38,852.27
    +176.59 (+0.46%)
     
  • CAD/USD

    0.7314
    -0.0007 (-0.09%)
     
  • CRUDE OIL

    78.81
    +0.33 (+0.42%)
     
  • Bitcoin CAD

    86,991.44
    -948.50 (-1.08%)
     
  • CMC Crypto 200

    1,369.68
    +57.05 (+4.35%)
     
  • GOLD FUTURES

    2,335.50
    +4.30 (+0.18%)
     
  • RUSSELL 2000

    2,060.67
    +24.95 (+1.23%)
     
  • 10-Yr Bond

    4.4890
    -0.0110 (-0.24%)
     
  • NASDAQ futures

    18,173.50
    -22.00 (-0.12%)
     
  • VOLATILITY

    13.49
    0.00 (0.00%)
     
  • FTSE

    8,213.49
    +41.34 (+0.51%)
     
  • NIKKEI 225

    38,574.10
    +338.03 (+0.88%)
     
  • CAD/EUR

    0.6791
    -0.0001 (-0.01%)
     

ALLETE Board of Directors declares dividend on common stock

DULUTH, Minn., April 25, 2024--(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

ADVERTISEMENT

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/20240425916271/en/

Contacts

Investor Contact:
Vince Meyer
218-723-3952
vmeyer@allete.com