ALE Projected Dividend Yield

Allete Inc ( NYSE : ALE )

Allete is an energy company. Regulated Operations includes Co.'s regulated utilities, its Minnesota Power division and Superior Water, Light and Power Company (SWL&P), as well as its investment in American Transmission Company LLC, a regulated utility that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota and Illinois. Minnesota Power provides regulated utility electric service in northeastern Minnesota. SWL&P provides regulated utility electric, natural gas and water service in northwestern Wisconsin. Co.'s regulated utility operations include retail and wholesale activities under the jurisdiction of state and federal regulatory authorities.

30 YEAR PERFORMANCE RESULTS

ALE Dividend History Detail
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# of Shares: 0 Closing Price: 57.40 Current Market Value: 0.00 Cost Basis: 0.00 Date Acquired:
Dividend Cash Flow
Year Annual Dividend Dividend Growth # of Shares Annual Dividend Income Yield On Cost %
2004 0.30 0% 0 $ 0.00 0.00%
2005 1.25 315% 0 $ 0.00 0.00%
2006 1.45 16% 0 $ 0.00 0.00%
2007 1.64 13% 0 $ 0.00 0.00%
2008 1.72 5% 0 $ 0.00 0.00%
2009 1.76 2% 0 $ 0.00 0.00%
2010 1.76 0% 0 $ 0.00 0.00%
2011 1.78 1% 0 $ 0.00 0.00%
2012 1.84 3% 0 $ 0.00 0.00%
2013 1.90 3% 0 $ 0.00 0.00%
2014 1.96 3% 0 $ 0.00 0.00%
2015 2.02 3% 0 $ 0.00 0.00%
2016 2.08 3% 0 $ 0.00 0.00%
2017 2.14 3% 0 $ 0.00 0.00%
2018 2.24 5% 0 $ 0.00 0.00%
2019 2.35 5% 0 $ 0.00 0.00%
2020 2.47 5% 0 $ 0.00 0.00%
2021 2.52 2% 0 $ 0.00 0.00%
2022 2.60 3% 0 $ 0.00 0.00%
2023 2.71 4% 0 $ 0.00 0.00%
2024 2.82 4% 0 $ 0.00 4.91%
2025 2.85 4% 0 $ 0.00 5.12%
2026 2.97 4% 0 $ 0.00 5.33%
2027 3.10 4% 0 $ 0.00 5.56%
2028 3.23 4% 0 $ 0.00 5.79%
2029 3.36 4% 0 $ 0.00 6.03%
2030 3.50 4% 0 $ 0.00 6.28%
2031 3.65 4% 0 $ 0.00 6.55%
2032 3.80 4% 0 $ 0.00 6.82%
2033 3.96 4% 0 $ 0.00 7.11%
2034 4.13 4% 0 $ 0.00 7.40%
Using the current years Dividend Growth rate of 4% and projecting 4% forward the annual dividend income in 10yrs would be $ 0.00 with a yield on cost % of 7.40%
Rolling Last 4 qtrs dividends total $ 2.74 and Previous last 4 qtrs dividends total $ 2.63
Dividend 1 Yr Growth = ( 2.74 – 2.63 ) × 100 = 4% (Click the Edit pencil if you want to modify the forward dividend growth rate projection)
2.63
Year
Declaration Date
Ex-Dividend Date
Record Date
Payable Date
Dividend $ Amount
2024
Jan 26, 2024
Feb 14, 2024
Feb 15, 2024
Mar 01, 2024
0.7050
2024 Total:
0.7050
2023
Oct 27, 2023
Nov 14, 2023
Nov 15, 2023
Dec 01, 2023
0.6775
2023
Jul 31, 2023
Aug 14, 2023
Aug 15, 2023
Sep 01, 2023
0.6775
2023
Apr 27, 2023
May 12, 2023
May 15, 2023
Jun 01, 2023
0.6775
2023
Feb 03, 2023
Feb 14, 2023
Feb 15, 2023
Mar 01, 2023
0.6775
2023 Total:
2.7100
2022
Oct 28, 2022
Nov 14, 2022
Nov 15, 2022
Dec 01, 2022
0.6500
2022
Jul 28, 2022
Aug 12, 2022
Aug 15, 2022
Sep 01, 2022
0.6500
2022
Apr 28, 2022
May 13, 2022
May 16, 2022
Jun 01, 2022
0.6500
2022
Feb 03, 2022
Feb 14, 2022
Feb 15, 2022
Mar 01, 2022
0.6500
2022 Total:
2.6000
2021
Oct 29, 2021
Nov 12, 2021
Nov 15, 2021
Dec 01, 2021
0.6300
2021
Jul 29, 2021
Aug 13, 2021
Aug 16, 2021
Sep 01, 2021
0.6300
2021
Apr 29, 2021
May 13, 2021
May 14, 2021
Jun 01, 2021
0.6300
2021
Feb 04, 2021
Feb 12, 2021
Feb 16, 2021
Mar 01, 2021
0.6300
2021 Total:
2.5200
2020
Oct 30, 2020
Nov 13, 2020
Nov 16, 2020
Dec 01, 2020
0.6175
2020
Jul 30, 2020
Aug 13, 2020
Aug 14, 2020
Sep 01, 2020
0.6175
2020
Apr 30, 2020
May 14, 2020
May 15, 2020
Jun 01, 2020
0.6175
2020
Jan 31, 2020
Feb 13, 2020
Feb 14, 2020
Mar 01, 2020
0.6175
2020 Total:
2.4700
2019
Oct 24, 2019
Nov 14, 2019
Nov 15, 2019
Dec 01, 2019
0.5875
2019
Jul 25, 2019
Aug 14, 2019
Aug 15, 2019
Sep 01, 2019
0.5875
2019
Apr 24, 2019
May 14, 2019
May 15, 2019
Jun 01, 2019
0.5875
2019
Feb 01, 2019
Feb 14, 2019
Feb 15, 2019
Mar 01, 2019
0.5875
2019 Total:
2.3500
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