ALLETE, Inc.
Reinvesting dividends added $351.74 extra to your ALLETE, Inc. investment over this period.
| Ex-Date | Dividend | Reinvest Price | Shares Added |
|---|---|---|---|
| 2025-02-14 | $0.73 | $65.42 | +0.011159 |
| 2025-05-15 | $0.73 | $65.08 | +0.011342 |
| 2025-08-15 | $0.73 | $64.98 | +0.011487 |
ALLETE, Inc. (ALE) is a dividend-paying stock. Over the past year, the company paid 3 dividends totaling $2.1900 per share. When these dividends are reinvested through a DRIP (Dividend Reinvestment Plan), they purchase additional shares, which then generate their own dividends—creating a compounding effect that can significantly boost long-term returns.
Our total return calculator simulates dividend reinvestment (DRIP) by assuming each dividend payment is used to purchase additional shares at the closing price on the ex-dividend date. This methodology provides an accurate representation of how a dividend reinvestment plan would perform. The calculation accounts for the compounding effect where reinvested dividends generate their own future dividends.
ALLETE, Inc. (ALE) delivered a total return of 7.01% over the past year when dividends are reinvested. The price-only return was 3.49%, meaning dividends contributed an additional 3.52 percentage points to total returns.
A $10,000 investment in ALLETE, Inc. one year ago would be worth $10,701 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $10,349. Dividend reinvestment added $352 to the portfolio value.
Yes, ALLETE, Inc. (ALE) pays dividends. Over the past year, ALE paid 3 dividends totaling $2.1900 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.
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