Overview Performance Dividends Peer Group Options

ALE Dividend History & Analysis | 100% Free Data

ALE's dividend history, current yield (4.5%), dividend growth rate (2.7%), complete payout history and peer comparison (Electric Utilities).

Yield 12m 4.52%
Dividends per Share 12m 2.87
Dividend Growth Rate CAGR 5y 2.69%
Overall Dividend Rating 68.60%
Yield on Cost 5y 6.51%
Payout Ratio 90.0%
Payout Frequency 12m 4
Payout Consistency 97.4%
Total Return 12m: 5.83%
Total Return 5y: 44.18%
Compare ALE Dividends with similiar companies

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Number of Payouts Yearly This chart shows the number of dividend payouts per year. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over the last 5 years in one graph. The price axis is on the left and the dividend yield axis is on the right.

Top Dividend Payers in Electric Utilities

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap (USD) Dividend Yield TTM Yield on Cost (purchase 5y ago)
CIG 6,369 M 17.9% 29.5%
ENGI 53,996 M 8.69% 19.7%
BIP-UN 15,583 M 7.16% 10.3%
ENIC 4,996 M 7.12% 8.43%
POR 4,514 M 5.99% 7.17%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap (USD) Growth Rate (5y CAGR) Payout Consistency
PCG 30,921 M 135% 74.6%
CEG 94,144 M 35.7% 100%
ENGI 53,996 M 28.2% 80.9%
BIP-UN 15,583 M 21.2% 75.6%
NEE 150,280 M 8.03% 99.0%

Similar Stocks with Attractive Dividends

ENGI
Engie S.A.
 8.69% Yield
CIG-C
Energy of Minas
 12.91% Yield
BIP-UN
Brookfield
 7.16% Yield
CIG
Companhia
 17.86% Yield
POR
Portland General
 5.99% Yield
OGE
OGE Energy
 4.92% Yield

ALE Dividend History: Last 50 Payments (USD) as of June 2025

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-05-15 2025-05-15 2025-06-01 Quarterly 0.73 0% 1.12%
2025-02-14 2025-02-14 2025-03-01 Quarterly 0.73 3.5% 1.12%
2024-11-15 2024-11-15 2024-12-01 Quarterly 0.705 0% 1.1%
2024-08-15 2024-08-15 2024-09-01 Quarterly 0.705 0% 1.1%
2024-05-14 2024-05-15 2024-06-01 Quarterly 0.705 0% 1.11%
2024-02-14 2024-02-15 2024-03-01 Quarterly 0.705 4.1% 1.24%
2023-11-14 2023-11-15 2023-12-01 Quarterly 0.6775 0% 1.25%
2023-08-14 2023-08-15 2023-09-01 Quarterly 0.6775 0% 1.2%
2023-05-12 2023-05-15 2023-06-01 Quarterly 0.6775 0% 1.09%
2023-02-14 2023-02-15 2023-03-01 Quarterly 0.6775 4.2% 1.14%
2022-11-14 2022-11-15 2022-12-01 Quarterly 0.65 0% 1.06%
2022-08-12 2022-08-15 2022-09-01 Quarterly 0.65 0% 1.05%
2022-05-13 2022-05-16 2022-06-01 Quarterly 0.65 0% 1.1%
2022-02-14 2022-02-15 2022-03-01 Quarterly 0.65 3.2% 1.05%
2021-11-12 2021-11-15 2021-12-01 Quarterly 0.63 0% 0.98%
2021-08-13 2021-08-16 2021-09-01 Quarterly 0.63 0% 0.89%
2021-05-13 2021-05-14 2021-06-01 Quarterly 0.63 0% 0.92%
2021-02-12 2021-02-16 2021-03-01 Quarterly 0.63 2% 0.95%
2020-11-13 2020-11-16 2020-12-01 Quarterly 0.6175 0% 1.11%
2020-08-13 2020-08-14 2020-09-01 Quarterly 0.6175 0% 1.07%
2020-05-14 2020-05-15 2020-06-01 Quarterly 0.6175 0% N/A
2020-02-13 2020-02-14 2020-03-01 Quarterly 0.6175 5.1% N/A
2019-11-14 2019-11-15 2019-12-01 Quarterly 0.5875 0% N/A
2019-08-14 2019-08-15 2019-09-01 Quarterly 0.5875 0% N/A
2019-05-14 2019-05-15 2019-06-01 Quarterly 0.5875 0% N/A
2019-02-14 2019-02-15 2019-03-01 Quarterly 0.5875 4.9% N/A
2018-11-14 2018-11-15 2018-12-01 Quarterly 0.56 0% N/A
2018-08-14 2018-08-15 2018-09-01 Quarterly 0.56 0% N/A
2018-05-14 2018-05-15 2018-06-01 Quarterly 0.56 0% N/A
2018-02-14 2018-02-15 2018-03-01 Quarterly 0.56 4.7% N/A
2017-11-14 2017-11-15 2017-12-01 Quarterly 0.535 0% N/A
2017-08-11 2017-08-15 2017-09-01 Quarterly 0.535 0% N/A
2017-05-11 2017-05-15 2017-06-01 Quarterly 0.535 0% N/A
2017-02-13 2017-02-15 2017-03-01 Quarterly 0.535 2.9% N/A
2016-11-10 2016-11-15 2016-12-01 Quarterly 0.52 0% N/A
2016-08-11 2016-08-15 2016-09-01 Quarterly 0.52 0% N/A
2016-05-12 2016-05-16 2016-06-01 Quarterly 0.52 0% N/A
2016-02-11 2016-02-16 2016-03-01 Quarterly 0.52 3% N/A
2015-11-12 2015-11-16 2015-12-01 Quarterly 0.505 0% N/A
2015-08-12 2015-08-14 2015-09-01 Quarterly 0.505 0% N/A
2015-05-13 2015-05-15 2015-06-01 Quarterly 0.505 0% N/A
2015-02-11 2015-02-16 2015-03-01 Quarterly 0.505 3.1% N/A
2014-11-12 2014-11-14 2014-12-01 Quarterly 0.49 0% N/A
2014-08-13 2014-08-15 2014-09-01 Quarterly 0.49 0% N/A
2014-05-13 2014-05-15 2014-06-01 Quarterly 0.49 0% N/A
2014-02-12 2014-02-14 2014-03-01 Quarterly 0.49 3.2% N/A
2013-11-13 2013-11-15 2013-12-01 Quarterly 0.475 0% N/A
2013-08-13 2013-08-15 2013-09-01 Quarterly 0.475 0% N/A
2013-05-13 2013-05-15 2013-06-01 Quarterly 0.475 0% N/A
2013-02-13 2013-02-15 2013-03-01 Quarterly 0.475 0% N/A

ALE Dividend FAQ

Does ALE pay a dividend?

Yes, as of June 2025, ALE paid a dividend of 2.87 USD in the last 12 months. The last dividend was paid on 2025-05-15 and the payout was 0.73 USD.

What is the Dividend Yield of ALE?

As of June 2025, ALE`s dividend yield is 4.52%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.87 USD by the current share price of 63.53.

How often does ALE pay dividends?

ALE pays dividends quarterly. Over the last 12 months (TTM), ALE has issued 4 dividend payments.

What is the next Ex-Dividend Date for ALE?

The next ex-dividend date for Allete (ALE) is unknown.

What is the Dividend Growth of ALE?

ALE's average dividend growth rate over the past 5 years is 2.69% per year.
Strong growth: ALE's Dividend growth is outpacing inflation.

What is the Yield on Cost of ALE?

ALE's 5-Year Yield on Cost is 6.51%. If you bought ALE's shares at 44.06 USD five years ago, your current annual dividend income (2.87 USD per share, trailing 12 months) equals 6.51% of your original purchase price.

What is the Payout Consistency of ALE?

ALE Payout Consistency is 97.4%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Allete has a strong track record of consistent dividend payments over its lifetime.

Does ALE have a good Dividend Yield?

ALE`s 4.52% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of ALE?

The Dividend Payout Ratio of ALE is 90.0%. High - Check if earnings are stable and growing; otherwise, dividends might not be sustainable.

What is the Dividend Rating of ALE?

ALE`s Overall Dividend Rating is 68.60%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

ALE Outstanding Shares Analysis

What is the Trend in ALE`s Outstanding Shares?

Allete`s outstanding shares have increased by approximately 2.01% annually over the past 5 years (Correlation: 97.5%), negatively influencing the share price.

Has Allete ever had a Stock Split?

Yes, the last Stock Split was on 2004-09-21 with a factor of 1:3. This reverse stock split decreased the number of shares and increased the price per share by a ratio of 0.33.
Year Number of Shares Annual Growth Rate
1985 19,166,700
1986 19,166,700
1987 19,166,700
1988 19,166,700
1989 19,375,000 +1.09%
1990 21,153,800 +9.18%
1991 18,695,700 -11.62%
1992 19,569,900 +4.68%
1993 19,111,100 -2.34%
1994 18,712,100 -2.09%
1995 19,032,300 +1.71%
1996 20,000,000 +5.08%
1997 20,689,700 +3.45%
1998 22,666,700 +9.56%
1999 23,031,000 +1.61%
2000 23,930,900 +3.91%
2001 26,997,300 +12.81%
2002 27,430,600 +1.6%
2003 28,263,800 +3.04%
2004 27,400,000 -3.06%
2005 27,700,000 +1.09%
2006 28,100,000 +1.44%
2007 28,700,000 +2.14%
2008 31,000,000 +8.01%
2009 33,800,000 +9.03%
2010 34,700,000 +2.66%
2011 36,900,000 +6.34%
2012 39,000,000 +5.69%
2013 41,600,000 +6.67%
2014 47,100,000 +13.22%
2015 49,100,000 +4.25%
2016 50,400,000 +2.65%
2017 51,400,000 +1.98%
2018 51,700,000 +0.58%
2019 51,800,000 +0.19%
2020 52,200,000 +0.77%
2021 52,500,000 +0.57%
2022 57,200,000 +8.95%
2023 57,600,000 +0.7%
2024 58,000,000 +0.69%
2025 58,000,000

Key Metric Definitions

  • Dividend Yield: Annual dividend per share divided by current share price.
  • Dividend Growth Rate: Compound annual growth rate of annual dividend per share over the last 5 years.
  • Payout Ratio: Percentage of earnings paid as dividends (TTM).
  • Payout Consistency: % of eligible periods with uninterrupted or increased dividends, measured over the entire lifetime of the stock or fund.
  • Payout Frequency: Number of dividends paid per year (typically quarterly).
  • Overall Dividend Rating: Proprietary composite score, quantified on a scale from 0 to +100. Ratings surpassing 70 are regarded as favorable, while those exceeding 85 are strong.
  • Total Return: Price appreciation plus dividends over specified period.
  • Market Cap: Figures are in millions of the corresponding currency.