ALLETE Board of Directors Declares Dividend on Common Stock
April 26 2017 - 6:30AM
Business Wire
The ALLETE, Inc. (NYSE: ALE) board of directors has declared a
quarterly dividend of 53.5 cents per share of common stock.
On an annual basis the dividend is equivalent to $2.14 per
share, unchanged from the previous quarter.
The regular quarterly dividend is payable June 1 to common stock
shareholders of record at the close of business May 15, 2017.
ALLETE is an energy company headquartered in Duluth, Minn. In
addition to its electric utilities, Minnesota Power and Superior
Water, Light and Power of Wisconsin, ALLETE owns ALLETE Clean
Energy, based in Duluth, U.S. Water Services headquartered in St.
Michael, Minn., BNI Energy in Bismarck, N.D., and has an eight
percent equity interest in the American Transmission Co. More
information about ALLETE is available at www.allete.com.
ALE-CORP
The statements contained in this release and statements that
ALLETE may make orally in connection with this release that are not
historical facts, are forward-looking statements. These
forward-looking statements involve risks and uncertainties and
investors are directed to the risks discussed in documents filed by
ALLETE with the Securities and Exchange Commission.
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version on businesswire.com: http://www.businesswire.com/news/home/20170426005173/en/
ALLETE, Inc.Vince Meyer, 218-723-3952vmeyer@allete.com
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