DULUTH, Minn. --(BUSINESS WIRE)--Apr. 28, 2022-- The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 65 cents per share of common stock. On an annual basis the dividend is equivalent to $2.60 per share, unchanged from the previous quarter.
DULUTH, Minn. --(BUSINESS WIRE)--Apr. 25, 2022-- ALLETE Inc. (NYSE:ALE) has been recognized as a company of Special Distinction in a women’s corporate leadership census of Minnesota’s largest public companies. It is the third consecutive year ALLETE has received the honor.
DULUTH, Minn. --(BUSINESS WIRE)--Apr. 15, 2022-- ALLETE, Inc. (NYSE:ALE), today announced it has closed the previously announced acquisition of New Energy Equity, one of the nation’s top distributed solar developers, for approximately $165.5 million .
DULUTH, Minn. --(BUSINESS WIRE)--Apr. 7, 2022-- ALLETE, Inc. (NYSE:ALE) will announce its financial results for the first quarter before the stock markets open on Thursday, May 5, 2022 . Following the release, ALLETE Chair, President and Chief Executive Officer Bethany M.
DULUTH, Minn. --(BUSINESS WIRE)--Mar. 31, 2022-- ALLETE, Inc. (NYSE:ALE) (the “Company”) today announced the pricing of an underwritten public offering of 3,200,000 shares of its common stock at $63.00 per share. The size of the common stock offering was increased from the previously announced
DULUTH, Minn. --(BUSINESS WIRE)--Mar. 31, 2022-- ALLETE, Inc. (NYSE:ALE) (the “Company”) today announced that it plans to commence an underwritten public offering of up to 2,950,000 shares of its common stock, subject to market conditions. In conjunction with this offering, the underwriters will be
Acquisition supports ALLETE’s sustainability-in-action strategy DULUTH, Minn. --(BUSINESS WIRE)--Mar. 2, 2022-- ALLETE, Inc. (NYSE:ALE), today advanced its planned expansion in the solar energy sector, announcing it has signed a definitive agreement to acquire 100 percent of the membership
DULUTH, Minn. --(BUSINESS WIRE)--Feb. 16, 2022-- ALLETE, Inc. (NYSE: ALE) today reported 2021 earnings of $3.23 per share on net income of $169.2 million and operating revenue of $1.4 billion . Reported results from 2020 were $3.35 per share on net income of $174.2 million and operating revenue of
DULUTH, Minn. --(BUSINESS WIRE)--Feb. 9, 2022-- ALLETE, Inc. (NYSE:ALE) today announced that Vice President and Chief Accounting Officer Steve Morris has been promoted to the position of senior vice president and chief financial officer. He succeeds Robert Adams , who recently announced his plan to
DULUTH, Minn. --(BUSINESS WIRE)--Feb. 3, 2022-- ALLETE, Inc. (NYSE:ALE) today announced that its Board of Directors has increased the quarterly dividend on the company’s common stock to 65 cents per share, a 3% percent increase. “ALLETE’s board is confident with this dividend increase given our