ALE
Price:
$64.5
Market Cap:
$3.73B
ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illino...[Read more]
Industry
Diversified Utilities
IPO Date
1973-05-03
Stock Exchange
NYSE
Ticker
ALE
According to ALLETE, Inc.’s latest financial reports and current stock price. The company's current Dividend Yield is 4.37%. This represents a change of 286.64% compared to the average of 1.13% of the last 4 quarters.
The mean historical Dividend Yield of ALLETE, Inc. over the last ten years is 3.58%. The current 4.37% Dividend Yield has changed 22.27% with respect to the historical average. Over the past ten years (40 quarters), ALE's Dividend Yield was at its highest in in the September 2022 quarter at 1.30%. The Dividend Yield was at its lowest in in the September 2019 quarter at 0.67%.
Average
3.58%
Median
3.67%
Minimum
2.88%
Maximum
4.44%
Discovering the peaks and valleys of ALLETE, Inc. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 37.59%
Maximum Annual Dividend Yield = 4.44%
Minimum Annual Increase = -18.62%
Minimum Annual Dividend Yield = 2.88%
Year | Dividend Yield | Change |
---|---|---|
2023 | 4.44% | 9.67% |
2022 | 4.05% | 6.65% |
2021 | 3.79% | -4.87% |
2020 | 3.99% | 37.59% |
2019 | 2.90% | -1.45% |
2018 | 2.94% | 2.21% |
2017 | 2.88% | -11.33% |
2016 | 3.25% | -18.62% |
2015 | 3.99% | 12.56% |
2014 | 3.54% | -6.71% |
The current Dividend Yield of ALLETE, Inc. (ALE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
4.09%
5-year avg
3.83%
10-year avg
3.58%
ALLETE, Inc.’s Dividend Yield is less than Avista Corporation (5.25%), less than Black Hills Corporation (4.49%), greater than Montauk Renewables, Inc. (0%), less than Companhia Paranaense de Energia - COPEL (4.45%), less than NorthWestern Corporation (4.94%), less than The AES Corporation (5.31%), less than Otter Tail Corporation (2.49%), less than The AES Corporation (5.31%), less than Brookfield Infrastructure Partners L.P. (5.17%), less than Unitil Corporation (3.16%), less than Companhia Energética de Minas Gerais (15.48%), less than E.ON SE (4.77%),
Company | Dividend Yield | Market cap |
---|---|---|
5.25% | $2.87B | |
4.49% | $4.15B | |
0% | $537.63M | |
4.45% | $4.18B | |
4.94% | $3.23B | |
5.31% | $11.23B | |
2.49% | $3.14B | |
5.31% | $9.24B | |
5.17% | $14.47B | |
3.16% | $870.66M | |
15.48% | $5.92B | |
4.77% | $30.48B |
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How does the current Dividend Yield for ALLETE, Inc. (ALE) compare to its historical average?