Allete, Inc. (NYSE:ALE) announces a quarterly dividend of $0.54

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Allete, Inc. (NYSE:ALE) to go ex-dividend.
On 7/27/2017 Allete, Inc. ( NYSE:ALE ) announced that it will be issuing a quarterly dividend in the amount of $0.54 down from $0.54 making the yield 2.95%.


Allete, Inc. (NYSE:ALE) Ex- dividend date

Allete, Inc. (NYSE:ALE) is set to go ex-dividend on 8/11/2017 and will be payable on 9/1/2017


Dividend History for Allete, Inc. (NYSE:ALE)
The next payable dividend for Allete, Inc. is scheduled for 9/1/2017. There is an annual dividend of $$2.14 with a yield of 2.96% The company’s dividend has increased by 3.10% on a 3 Year Average The payout ration for the trailing 12 months of earnings is 67.51% , 62.03% based on this years estimates and 58.47% based on next years projected estimates.

Recent Dividend History for Allete, Inc. (NYSE:ALE)

  • On 1/23/2013 Allete, Inc. announced a quarterly dividend of $0.48.
  • On 5/1/2013 Allete, Inc. announced a quarterly dividend of $0.48.
  • On 7/29/2013 Allete, Inc. announced a quarterly dividend of $0.48.
  • On 10/28/2013 Allete, Inc. announced a quarterly dividend of $0.48.
  • On 1/30/2014 Allete, Inc. announced a quarterly dividend of $0.49.
  • On 5/1/2014 Allete, Inc. announced a quarterly dividend of $0.49.



Recent Insider Trading for Allete, Inc. (NYSE:ALE)

  • On 5/9/2017 Steven Q. Devinck, Insider, sold 2,000 with an average share price of $69.67 per share and the total transaction amounting to $139,340.00.
  • On 5/6/2016 Steven Wayne Morris, Insider, sold 392 with an average share price of $56.15 per share and the total transaction amounting to $22,010.80.
  • On 3/9/2016 Deborah A Amberg, VP, sold 14,722 with an average share price of $55.90 per share and the total transaction amounting to $822,959.80.
  • On 2/1/2016 Madeleine W. Ludlow, Director, sold 200 with an average share price of $52.62 per share and the total transaction amounting to $10,524.00.
  • On 1/1/2016 Madeleine W Ludlow, Director, sold 200 with an average share price of $50.08 per share and the total transaction amounting to $10,016.00.
  • On 8/17/2015 David J Mcmillan, SVP, sold 4,019 with an average share price of $52.00 per share and the total transaction amounting to $208,988.00.



Recent Analyst Rating for Allete, Inc. (NYSE:ALE)

  • On 6/19/2017 Williams Capital, Boost Price Target, fromBuy to Buy to Buy with a price target of $75.00 to $78.00
  • On 6/9/2017 Ladenburg Thalmann Financial Services, Boost Price Target, to bought with a price target of $71.00 to $77.00
  • On 11/4/2016 Guggenheim, Initiated Coverage, to Neutral
  • On 11/3/2016 Macquarie, Initiated Coverage, to Neutral
  • On 9/12/2016 KeyCorp, Set Price Target, to bought with a price target of $65.50
  • On 7/4/2016 J P Morgan Chase & Co, Reiterated Rating, to sold



Recent Trading for Allete, Inc. (NYSE:ALE)
Shares of Allete, Inc. closed the previous trading session at 72.66 up +0.36 0.50% with 155,173 shares trading hands.