Trailing Dividend / Share
$2.82
ALLETE, Inc. (ALE) Dividend History
Income profile from 1985 to 2025 with payout safety and yield-on-cost trend
Dividend Yield
4.1%
Payout Ratio
90.8%
At Risk
Dividend Streak
15 years
ALE Dividend Income Check
Safety
90.8% payout ratio with at risk safety profile.
Consistency
15 straight years of dividend increases.
Income Trend
Yield on cost is 3.6% and trend is falling.
ALE Dividend Scorecard
Yield & Income
Dividend Yield4.1%
Trailing DPS$2.82
FrequencyQuarterly
Payments / 12M1
Payout Safety
Earnings Payout90.8%
Earnings SafetyAt Risk
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score4/9
Growth
Growth Streak15 years
3Y CAGR-5.6%
5Y CAGR-2.4%
Yield on Cost (5Y)3.6%
YOC Trendfalling
Total Returns
Buyback Yield0.0%
Total Shareholder Yield4.1%
1Y Total Return7.2%
5Y Total Return19.4%
Div Contribution (5Y)17.4%
Estimated $10K growth (return + dividends):
5Y ago$11,94510Y ago$14,72420Y ago$23,873
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
ALE Income Growth Story
Dividend per share and yield on cost over time (41 years of payments)
ALE Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
ALLETE, Inc. distributes 90.8% of earnings as dividends (At Risk).
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
ALE has raised its dividend for 15 consecutive years, with a 3-year CAGR of -5.6% and 5-year CAGR of -2.4%.
Total Shareholder Returns
Beyond cash dividends, ALE returns capital through share repurchases. The combined picture: 4.1% dividend yield, 4.1% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.6% and is currently falling. The 5-year total return is 19.4%, with dividends contributing 17.4% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $14,724 today.
Elevated payout ratio — dividend sustainability should be monitored closely.
ALE Recent Dividend Payments
Last 20 payments · Quarterly
TTM Total$13.46
Avg/Payment$0.6729
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Aug 15, 2025Latest | $0.7300 | — | 4.46% | Sep 1, 2025 |
| May 15, 2025 | $0.7300 | — | 4.41% | Jun 1, 2025 |
| Feb 14, 2025 | $0.7300 | ↑ +3.5% | 4.35% | Mar 1, 2025 |
| Nov 15, 2024 | $0.7050 | — | 4.38% | Dec 1, 2024 |
| Aug 15, 2024 | $0.7050 | — | 4.39% | Sep 1, 2024 |
| May 14, 2024 | $0.7050 | — | 4.39% | Jun 1, 2024 |
| Feb 14, 2024 | $0.7050 | ↑ +4.1% | 4.77% | Mar 1, 2024 |
| Nov 14, 2023 | $0.6775 | — | 4.87% | Dec 1, 2023 |
ALE Dividend vs Peers
Comparable companies in the same industry
#2 yield in peer group
Div Yield
4.1%
#2 of 9
Safety
At Risk
90.8% payout
Streak
15Y
-2.4% 5Y CAGR
Total Shareholder
4.1%
#2 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
2nd ALEALLETE, Inc. | $3.9B | 4.1% | 90.8% | 15 | At Risk |
3rd  NWENorthwestern Energy … | $4.3B | 3.8% | 89.1% | 18 | At Risk |
1st  AVAAvista Corporation | $3.3B | 4.9% | 82.4% | 23 | Watch |
 OTTROtter Tail Corporati… | $3.7B | 2.4% | 31.9% | 12 | Sustainable |
 IDAIDACORP, Inc. | $7.9B | 2.4% | 58.3% | 14 | Sustainable |
 XELXcel Energy Inc. | $48.3B | 2.8% | 63.5% | 22 | Watch |
 WECWEC Energy Group, In… | $36.5B | 3.1% | 73.7% | 22 | Watch |
 EVRGEvergy, Inc. | $19.0B | 3.2% | 71.7% | 22 | Watch |
 PNWPinnacle West Capita… | $12.4B | 3.4% | 68.6% | 14 | Watch |
ALE Annual Dividend History (1985–2025)
41 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2025 | $2.19 | -22.3% | 3 | — | — | — | 3.6% |
| 2024 | $2.82 | 4.1% | 4 | $3.10 | 90.9% | 1.10x | 4.6% |
| 2023 | $2.71 | 4.2% | 4 | $4.30 | 63.0% | 1.59x | 4.4% |
| 2022 | $2.60 | 3.2% | 4 | $3.38 | 76.9% | 1.30x | 4.2% |
| 2021 | $2.52 | 2.0% | 4 | $3.22 | 78.2% | 1.28x | 4.1% |
| 2020 | $2.47 | 5.1% | 4 | $3.36 | 73.6% | 1.36x | 4.0% |
| 2019 | $2.35 | 4.9% | 4 | $3.59 | 65.5% | 1.53x | 3.8% |
| 2018 | $2.24 | 4.7% | 4 | $3.38 | 66.3% | 1.51x | 3.6% |
| 2017 | $2.14 | 2.9% | 4 | $3.38 | 63.3% | 1.58x | 3.5% |
| 2016 | $2.08 | 3.0% | 4 | $3.14 | 66.2% | 1.51x | 3.4% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
41+ years return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
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ALE — Frequently Asked Questions
Quick answers to the most common questions about buying ALE stock.
How much dividend does ALE pay per share?
ALLETE, Inc. (ALE) pays a trailing 12-month dividend of $2.82 per share, with a current dividend yield of +4.1%. Payments are made Quarterly.
When is ALE's next ex-dividend date?
ALE's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. ALE typically pays dividends Quarterly.
Is ALE's dividend safe?
ALE's dividend safety is rated "At Risk" based on an earnings payout ratio of +90.8% and FCF payout ratio of N/A. With 15 consecutive years of dividend growth, the track record supports sustainability.
Is ALE a Dividend Achiever?
Yes, ALLETE, Inc. is classified as a Dividend Achiever with 15 consecutive years of dividend increases. The 5-year dividend CAGR is -2.4%, demonstrating modest dividend growth.
How often does ALE pay dividends?
ALLETE, Inc. pays dividends Quarterly. The trailing 12-month total is $2.82 per share. Dividend data on this page covers 40+ years from 1985 to 2025.
How much would $10,000 invested in ALE grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in ALE five years ago would be worth approximately $11,945 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is ALE's yield on cost for long-term holders?
ALE's yield on cost — the current dividend divided by the original purchase price — is +3.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +4.1% market yield, thanks to the lower original cost basis.