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



Allete, Inc. (NYSE:ALE) to go ex-dividend.
On 10/25/2017 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 .


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

Allete, Inc. (NYSE:ALE) is set to go ex-dividend on and will be payable on 12/1/2017


Dividend History for Allete, Inc. (NYSE:ALE)
The next payable dividend for Allete, Inc. is scheduled for 12/1/2017. There is an annual dividend of $$2.14 with a yield of 2.72% 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 63.13% , 63.69% based on this years estimates and 58.79% 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.
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Recent Insider Trading for Allete, Inc. (NYSE:ALE)

  • On 8/8/2017 Madeleine W. Ludlow, Director, sold 2,500 with an average share price of $74.83 per share and the total transaction amounting to $187,075.00.
  • 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.



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

  • On 10/20/2017 Ladenburg Thalmann Financial Services, Downgrade, fromBuy to Neutral to Buy with a price target of $78.00
  • On 10/12/2017 Williams Capital, Reiterated Rating, fromBuy to Hold to Buy with a price target of $79.00
  • On 10/12/2017 J P Morgan Chase & Co, Boost Price Target, to Underweight with a price target of $66.00 to $73.00
  • 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



Recent Trading for Allete, Inc. (NYSE:ALE)
Shares of Allete, Inc. closed the previous trading session at with shares trading hands.

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