DULUTH, Minn.--(BUSINESS WIRE)--Apr. 24, 2019--
The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly
dividend of 58.75 cents per share of common stock.
On an annual basis the dividend is equivalent to $2.35 per share,
unchanged from the previous quarter.
The regular quarterly dividend is payable June 1 to common stock
shareholders of record at the close of business May 15, 2019.
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, based in Bismarck, N.D.; and has an 8 percent equity
interest in the American Transmission Co. More information about ALLETE
is available at www.allete.com.
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
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Source: ALLETE, Inc.