Allete Inc. (NYSE:ALE) on 02/01/2019 declared a dividend of $ 0.5875 per share payable on March 01, 2019 to shareholders of record as of February 15, 2019. Dividend amount recorded is an increase of $ 0.0275 from last dividend Paid.

Allete Inc. (NYSE:ALE) has paid dividends since 1945, has a current dividend yield of 3.0543277264% and has increased its dividends for 8 successive years.

Allete Inc.'s market cap is $ 3,956,639,500 and has a PE ratio of 25.65. The stock price closed yesterday at $ 76.94 and has a 52 week low/high of $ 66.64 and $ 82.82.

Allete is an energy company. Co. has three segments: Regulated Operations, which include its regulated utilities, Minnesota Power, and Superior Water, Light and Power Company, and its investment in American Transmission Company LLC; ALLETE Clean Energy, Inc., which focuses on developing, acquiring and operating renewable energy projects; and U.S. Water Services Holding Company, which provides integrated water management for industry by combining chemical, equipment, engineering and service. Co.'s Corporate and Other is comprised of BNI Energy, Inc., Co.'s coal mining operations in North Dakota, and ALLETE Properties, LLC, Co.'s real estate investment.

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