ALE Dividend History & Analysis | 100% Free Data

Track ALE's dividend history, current yield, annual dividend growth rate, payout history and peer comparison. No paywalls !

Yield 12m 4.42%
Dividends per Share 12m 2.84
Dividend Growth Rate 5y 2.69%
Overall Dividend Rating 68.33%
Yield on Cost 5y 6.51%
Payout Ratio 129.3%
Payout Frequency 12m 4
Payout Consistency 97.4%
Total Return 12m: 8.79%
#47 in Group
Total Return 5y: 50.37%
#46 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Electric Utilities

Highest Dividend Yields in Sector
Symbol Market Cap
(USD)
Dividend Yield Yield on Cost
CIG 6,301m 11.5% 32.0%
ENGI 51,934m 9.04% 22.4%
EOAN 45,690m 7.65% 14.9%
ENIC 4,848m 7.82% 10.2%
BIP-UN 14,002m 7.30% 9.96%
Highest Dividend Growth Rate in Sector
Symbol Market Cap
(USD)
Growth Rate Payout Consistency
BIP-UN 14,002m 152% 50.0%
PCG 37,207m 135% 74.6%
CEG 77,785m 35.8% 100%
ENGI 51,934m 28.2% 80.9%
NEE 136,075m 8.03% 99.0%

Similar Stocks with Attractive Dividends

ENGI
Engie S.A.
9.04% Yield
EOAN
E.ON SE
7.65% Yield
BIP-UN
Brookfield
7.30% Yield
CIG
Companhia
11.46% Yield
CIG-C
Energy of Minas
5.81% Yield
AEP

ALE Dividend History: Last 40 Payments (USD)

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate Payout Yield
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 1.1%
2024-08-15 2024-08-15 2024-09-01 Quarterly 0.705 1.1%
2024-05-14 2024-05-15 2024-06-01 Quarterly 0.705 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 1.25%
2023-08-14 2023-08-15 2023-09-01 Quarterly 0.6775 1.2%
2023-05-12 2023-05-15 2023-06-01 Quarterly 0.6775 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 1.06%
2022-08-12 2022-08-15 2022-09-01 Quarterly 0.65 1.05%
2022-05-13 2022-05-16 2022-06-01 Quarterly 0.65 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 0.98%
2021-08-13 2021-08-16 2021-09-01 Quarterly 0.63 0.89%
2021-05-13 2021-05-14 2021-06-01 Quarterly 0.63 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 1.11%
2020-08-13 2020-08-14 2020-09-01 Quarterly 0.6175 1.07%
2020-05-14 2020-05-15 2020-06-01 Quarterly 0.6175 1.22%
2020-02-13 2020-02-14 2020-03-01 Quarterly 0.6175 5.1%
2019-11-14 2019-11-15 2019-12-01 Quarterly 0.5875
2019-08-14 2019-08-15 2019-09-01 Quarterly 0.5875
2019-05-14 2019-05-15 2019-06-01 Quarterly 0.5875
2019-02-14 2019-02-15 2019-03-01 Quarterly 0.5875 4.9%
2018-11-14 2018-11-15 2018-12-01 Quarterly 0.56
2018-08-14 2018-08-15 2018-09-01 Quarterly 0.56
2018-05-14 2018-05-15 2018-06-01 Quarterly 0.56
2018-02-14 2018-02-15 2018-03-01 Quarterly 0.56 4.7%
2017-11-14 2017-11-15 2017-12-01 Quarterly 0.535
2017-08-11 2017-08-15 2017-09-01 Quarterly 0.535
2017-05-11 2017-05-15 2017-06-01 Quarterly 0.535
2017-02-13 2017-02-15 2017-03-01 Quarterly 0.535 2.9%
2016-11-10 2016-11-15 2016-12-01 Quarterly 0.52
2016-08-11 2016-08-15 2016-09-01 Quarterly 0.52
2016-05-12 2016-05-16 2016-06-01 Quarterly 0.52
2016-02-11 2016-02-16 2016-03-01 Quarterly 0.52 3%
2015-11-12 2015-11-16 2015-12-01 Quarterly 0.505
2015-08-12 2015-08-14 2015-09-01 Quarterly 0.505
2015-05-13 2015-05-15 2015-06-01 Quarterly 0.505

ALE Dividend FAQ

Does ALE pay dividends?

Yes, as of May 2025, ALE paid a dividend of 2.84 USD in the last 12 months. The last dividend was paid on 2025-02-14.

What is the Dividend Yield of ALE?

As of May 2025, ALE`s dividend yield is 4.42%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.84 USD by the current share price of 65.67.

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.
Weak growth: Dividend increases are lagging behind inflation.

What is the Yield on Cost of ALE?

ALE's 5-Year Yield on Cost is 6.51%. This represents the effective dividend yield for an investor who bought Allete five years ago. It is calculated as the sum of all trailing 12-month dividends (2.84) divided by the purchase price five years ago (43.67):

What is the Payout Consistency of ALE?

ALE Payout Consistency is 97.4%.
Highly consistent: Allete has a strong track record of consistent dividend payments.

Does ALE have a good Dividend Yield?

ALE`s 4.42% Dividend Yield is considered as good.

What is the Dividend Payout Ratio of ALE?

The Dividend Payout Ratio of ALE is 129.3%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of ALE?

ALE`s Overall Dividend Rating is 68.33%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

ALE Outstanding Shares Analysis

What is the Trend in ALE`s Outstanding Shares?

Allete`s outstanding shares have increased by approximately 2.13% annually over the past 5 years (Correlation: 100.0%), negatively influencing stock price.

Has Allete ever had a Stock Split?

Yes, 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%