ALLETE Board of Directors declares dividend on common stock
July 28 2022 - 6:30AM
Business Wire
The ALLETE, Inc. (NYSE:ALE) board of directors has declared a
quarterly dividend of 65 cents per share of common stock.
On an annual basis, the dividend is equivalent to $2.60 per
share, unchanged from the previous quarter.
The regular quarterly dividend is payable September 1 to common
stock shareholders of record at the close of business August 15,
2022.
ALLETE, Inc. is an energy company headquartered in Duluth,
Minnesota. In addition to its electric utilities, Minnesota Power
and Superior Water, Light and Power of Wisconsin, ALLETE owns
ALLETE Clean Energy, based in Duluth; BNI Energy in Bismarck, North
Dakota; New Energy Equity, headquartered in Annapolis, Maryland;
and has an 8% 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: https://www.businesswire.com/news/home/20220728005310/en/
Vince Meyer Contact: 218-723-3952 vmeyer@allete.com
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