Dividend yield
Dividend has grown by 4.56% in last three years.
4.12 %
$2.41 anually
P/E ratio
Payout ratio
Proportion of net income paid out as dividends to shareholders
Company profitability (EPS)
past 12 months
CASH payout ratio
ALLETE, Inc. last quarter cash income being paid in the form of dividends.
Last quarter
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Stock volatility (Beta)
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past 12 months
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Company debt level
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ALLETE, Inc. description

ALLETE, Inc. engages in the provision of electric and natural gas utility services. It operates through the following business segments: Regulated Operations, ALLETE Clean Energy, and U. S.

Water Services. The Regulated Operations segment includes regulated utilities; Minnesota Power; SWL&P; and investment in ATC, which regulates utilities that owns and maintains electric transmission assets. The ALLETE Clean Energy segment develops, acquires, and operates clean and renewable energy projects.

The U. S. Water Services segment provides integrated water management for industry by combining chemical, equipment, engineering, and service for customized solutions to reduce water and energy usage and improve efficiency.

The company was founded in 1906 and is headquartered in Duluth, MN.

Company profile
Market cap
Mid (3.10B)
Company CEO
Alan R. Hodnik
Price history ALLETE, Inc.
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ALE dividends payouts
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