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ALE

Allete Inc

$63.09

Allete Inc Dividend 2024 : 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 $3632.96Mn. Its share price is $63.09 as on 18 June,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Allete Inc gave $3.44 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 June 2024, Allete Inc has declared dividend of $0.71 - translating a dividend yield of 5.78%.

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 $0.71 in the quarter ending June 2024.

Allete Inc Dividend related ratios:

  • Last dividend date: 2024-04-25
  • Current Dividend Yield: 5.46%
  • Annual dollar dividend payment: $3.44

Allete Inc Dividend v/s Allete Inc Share price

History of Allete Inc's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATEPAYMENT DATE
14/05/2024
CASH
$0.71
25/04/2024
15/05/2024
01/06/2024
14/02/2024
CASH
$0.71
26/01/2024
15/02/2024
01/03/2024
14/11/2023
CASH
$0.68
27/10/2023
15/11/2023
01/12/2023
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
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FAQs

Allete Inc current market price is $63.09 per share

Allete Inc has declared dividend worth $2.76 in the last year.

Allete Inc has declared dividend worth $0.71 in the latest quarter.

Allete Inc has declared dividend on 25/04/2024 of $0.71.

Allete Inc has declared dividend 2 times of $1.41 in the current financial year (FY2024)

Allete Inc has declared dividend 4 times of $2.71 in the previous financial year (FY2023)