Allete (NYSE:ALE) announces a quarterly dividend of $0.56



Allete (NYSE:ALE) to go ex-dividend.
On 4/25/2018 Allete ( NYSE:ALE ) announced that it will be issuing a quarterly dividend in the amount of $0.56 down from $0.56 making the yield 2.99%.


Allete (NYSE:ALE) Ex- dividend date

Allete (NYSE:ALE) is set to go ex-dividend on and will be payable on 6/1/2018


Dividend History for Allete (NYSE:ALE)
The next payable dividend for Allete is scheduled for 6/1/2018. There is an annual dividend of $$2.24 with a yield of 3.01% The company’s dividend has increased by 3.00% on a 3 Year Average The payout ration for the trailing 12 months of earnings is 70.22% , 66.67% based on this years estimates and 62.75% based on next years projected estimates.

Recent Dividend History for Allete (NYSE:ALE)

  • On 1/23/2013 Allete announced a quarterly dividend of $0.4750.
  • On 5/1/2013 Allete announced a quarterly dividend of $0.4750.
  • On 7/29/2013 Allete announced a quarterly dividend of $0.4750.
  • On 10/28/2013 Allete announced a quarterly dividend of $0.4750.
  • On 1/30/2014 Allete announced a quarterly dividend of $0.49.
  • On 5/1/2014 Allete announced a quarterly dividend of $0.49.
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Recent Insider Trading for Allete (NYSE:ALE)

  • On 3/26/2018 James J. Hoolihan, Director, sold 800 with an average share price of $70.51 per share and the total transaction amounting to $56,408.00.
  • 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.



Recent Analyst Rating for Allete (NYSE:ALE)

  • On 4/10/2018 JPMorgan Chase, Boost Price Target, fromUnderweight to Underweight to Underweight with a price target of $64.00 to $66.00
  • On 2/28/2018 Mizuho, Initiated Coverage, to bought with a price target of $71.50
  • On 2/23/2018 Guggenheim, Reiterated Rating, to Hold with a price target of $63.00
  • On 2/13/2018 Wells Fargo, Set Price Target, to Hold with a price target of $81.00 to $71.00
  • On 2/2/2018 Williams Capital, Upgrade, fromHold to Buy to Hold with a price target of $76.00
  • On 10/20/2017 Ladenburg Thalmann, Downgrade, fromBuy to Neutral to Buy with a price target of $78.00



Recent Trading for Allete (NYSE:ALE)
Shares of Allete closed the previous trading session at 74.80 down -0.10 0.13% with 74.30000305175781 shares trading hands.

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