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ALE

Allete Inc

$55.46

Allete Inc Dividend 2022 : Should Allete Inc be a part of your dividend portfolio?

Allete Inc is one of the most popular Utilities company in the world with a market capitalisation of $3224.63Mn. Its share price is $55.46 as on 20 September,2023.

The dividend is a percentage of earnings paid out to shareholders. Last year, Allete Inc gave $2.68 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Utilities stocks do not always pay a dividend but as Allete Inc pays dividends to reward its shareholders.
  • In the quarter ending September 2023, Allete Inc has declared dividend of $0.68 - translating a dividend yield of 4.67%.

Let's look at Allete Inc’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Allete Inc’s dividend was $0.68 in the quarter ending September 2023.

Allete Inc Dividend related ratios:

  • Last dividend date: 2023-07-31
  • Current Dividend Yield: 4.84%
  • Annual dollar dividend payment: $2.68

Allete Inc Dividend v/s Allete Inc Share price

History of Allete Inc's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATEPAYMENT DATE
14/08/2023
CASH
$0.68
31/07/2023
15/08/2023
01/09/2023
12/05/2023
CASH
$0.68
27/04/2023
15/05/2023
01/06/2023
14/02/2023
CASH
$0.68
03/02/2023
15/02/2023
01/03/2023
14/11/2022
CASH
$0.65
28/10/2022
15/11/2022
01/12/2022
12/08/2022
CASH
$0.65
28/07/2022
15/08/2022
01/09/2022
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FAQs

Allete Inc current market price is $55.46 per share

Allete Inc has declared dividend worth $2.68 in the last year.

Allete Inc has declared dividend worth $0.68 in the latest quarter.

Allete Inc has declared dividend on 31/07/2023 of $0.68.

Allete Inc has declared dividend 3 times of $2.03 in the current financial year (FY2023)

Allete Inc has declared dividend 4 times of $2.6 in the previous financial year (FY2022)