Allete ticker dps (an.) 2024 hike 2023 hike 2022 hike
ALE N/A N/A N/A N/A
Business yield Hike yrs 5 yr CAGR freq. paid since
N/A N/A N/A N/A N/A N/A

ALLETE, Inc. (ALE) will raise its quarterly dividend by 3.0 percent to $0.52 per share. This follows a 3.1 percent dividend increase by the energy company in the pevious year.

ALLETE is an energy company headquartered in Duluth, Minn. In addition to its electric utilities, Minnesota Power and Superior Water, Light and Power of Wisconsin, ALLETE owns ALLETE Clean Energy, based in Duluth, U.S. Water Services headquartered in St. Michael, Minn., BNI Energy in Center, N.D., and has an eight percent equity interest in the American Transmission Co.