ALLETE Board of Directors Declares Dividend on Common Stock
October 29 2012 - 8:30AM
Business Wire
ALLETE, Inc. (NYSE: ALE) board of directors has declared a
quarterly dividend of 46 cents per share of common stock.
On an annual basis the dividend is equivalent to $1.84 per
share, unchanged from the previous quarter.
The regular quarterly dividend is payable December 1 to common
stock shareholders of record at the close of business November 15,
2012.
ALLETE, Inc. is an energy company headquartered in Duluth,
Minnesota. ALLETE’s energy businesses include Minnesota Power,
Superior Water, Light & Power Co., BNI Coal, and ALLETE Clean
Energy. More information about the company is available at
www.allete.com.
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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