# ALLETE, Inc. (ALE): Dividend & Fundamentals

> Markdown mirror of https://www.dividenddata.com/stocks/ale for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice.

- Sector: Utilities · Industry: Diversified Utilities
- Exchange: NYSE · Trading currency: USD

ALLETE, Inc., an energy enterprise established in 1906 and headquartered in Duluth, Minnesota (originally known as Minnesota Power, Inc. until its name change in May 2001), conducts its business through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. The company produces electricity utilizing diverse sources such as coal-fired, biomass co-fired/natural gas, hydroelectric, wind, and solar technologies. It delivers regulated utility services, providing electricity to approximately 145,000 retail customers and 15 non-affiliated municipal entities in northeastern Mi...

## Quote & Key Metrics

As of 2025-12-12:

| Metric | Value |
|---|---|
| Price | $67.90 USD |
| Market Cap | $3.94B |
| P/E (TTM) | 23.82 |
| EPS (TTM) | $2.85 |
| 52-Week Range | $62.38 – $67.99 |
| Dividend Yield (TTM) | — |

## Dividend

| Metric | Value |
|---|---|
| Yield (TTM) | — |
| Annual Dividend (TTM) | — /share |
| Annual Dividend (Forward) | $2.92 /share |
| Frequency | Quarterly |
| Consecutive Growth Streak | 0 years |
| Growth CAGR 1Y / 3Y / 5Y / 10Y | 3.5% / 3.9% / 3.4% / 3.8% |
| Payout Ratio (EPS, TTM) | 101.3% |
| Payout Ratio (FCF, TTM) | -52.2% |
| Payout Ratio (EPS, forward dividend) | 102.1% |
| Payout Ratio (FCF, forward dividend) | -52.7% |

### Recent Payments

| Ex-Date | Amount | Pay Date |
|---|---|---|
| 2025-08-15 | $0.7300 | 2025-09-01 |
| 2025-05-15 | $0.7300 | 2025-06-01 |
| 2025-02-14 | $0.7300 | 2025-03-01 |
| 2024-11-15 | $0.7050 | 2024-12-01 |
| 2024-08-15 | $0.7050 | 2024-09-01 |
| 2024-05-14 | $0.7050 | 2024-06-01 |
| 2024-02-14 | $0.7050 | 2024-03-01 |
| 2023-11-14 | $0.6775 | 2023-12-01 |
| 2023-08-14 | $0.6775 | 2023-09-01 |
| 2023-05-12 | $0.6775 | 2023-06-01 |
| 2023-02-14 | $0.6775 | 2023-03-01 |
| 2022-11-14 | $0.6500 | 2022-12-01 |

Full history: https://www.dividenddata.com/stocks/ale/dividend

## Frequently Asked Questions

### What does ALLETE, Inc. do?

ALLETE, Inc. (ALE) operates in the Diversified Utilities industry within the Utilities sector. Full company description, peers, and segment breakdown are on the page above.

### What is ALE's market cap?

ALLETE, Inc. (ALE) has a market capitalization of approximately $3.94 billion, as of December 12, 2025, based on the most recent share price and shares outstanding.

### Does ALE pay a dividend?

No, ALLETE, Inc. (ALE) is not currently paying a dividend. Its last ex-dividend date was August 15, 2025 ($0.73 per share), and no payment has been declared since. The full historical payment record is on the Dividend tab.

### How often did ALE pay dividends?

ALLETE, Inc. paid dividends quarterly until 2025; nothing has been declared since. Each historical ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is ALE's payout ratio?

ALLETE, Inc.'s payout ratio is the percentage of earnings (and free cash flow) returned to shareholders as dividends. Current EPS and FCF coverage are shown in the payout cards above, with green / amber / red coloring indicating sustainability.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/stocks/ale
- Dividend history & safety: https://www.dividenddata.com/stocks/ale/dividend
- Earnings & EPS: https://www.dividenddata.com/stocks/ale/earnings
- Financial statements: https://www.dividenddata.com/stocks/ale/financials/income
- Valuation multiples: https://www.dividenddata.com/stocks/ale/valuation
- Peer comparison: https://www.dividenddata.com/stocks/ale/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.