News Releases

Date Title and Summary Additional Formats
Toggle Summary ALLETE Board of Directors declares dividend on common stock
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 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.
View HTML
Toggle Summary ALLETE to announce third quarter financial results Nov. 9
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 7, 2022-- ALLETE Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Wednesday, Nov. 9, 2022 . Following the release, ALLETE Chair, President and Chief Executive Officer Bethany M.
View HTML
Toggle Summary Leadership Roles Change as ALLETE Positions for Continued Success
DULUTH, Minn. --(BUSINESS WIRE)--Aug. 22, 2022-- ALLETE Inc. (NYSE:ALE) today announced several key leadership changes as the company continues to advance its sustainability in action strategy. This press release features multimedia. View the full release here:
View HTML
Toggle Summary ALLETE, Inc. Reports Second Quarter Earnings of 67 Cents Per Share, Reaffirms 2022 Earnings Guidance Range of $3.60 - $3.90 Per Share
DULUTH, Minn. --(BUSINESS WIRE)--Aug. 3, 2022-- ALLETE, Inc. (NYSE: ALE) today reported second quarter 2022 earnings of 67 cents per share on net income of $37.6 million . Last year’s results were 53 cents per share on net income of $27.9 million . Included in this year’s quarterly results were
View HTML
Toggle Summary ALLETE Board of Directors declares dividend on common stock
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 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.
View HTML
Toggle Summary Minnesota Power and Great River Energy to Build Transmission Line to Bolster Electric Reliability in Northern Minnesota
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 25, 2022-- Minnesota Power , a utility division of ALLETE Inc. (NYSE: ALE), and Great River Energy today announced their intent to build an approximately 150-mile, double-circuit 345-kV transmission line from northern Minnesota to central Minnesota near Becker
View HTML
Toggle Summary ALLETE to Announce Second Quarter Financial Results August 3
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 11, 2022-- ALLETE Inc. (NYSE:ALE) will announce its financial results for the second quarter before the stock markets open on Wednesday, August 3, 2022 . Following the release, ALLETE Chair, President and Chief Executive Officer Bethany M.
View HTML
Toggle Summary Charles Matthews Named to ALLETE Board of Directors
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 6, 2022-- ALLETE Inc.’s (NYSE: ALE) board of directors has elected Charles Matthews , retired president and chief executive officer of People’s Gas and North Shore Gas , to serve on the board effective July 6, 2022 . This press release features multimedia.
View HTML
Toggle Summary ALLETE, Inc. Reports First Quarter Earnings of $1.24 Per Share
Reaffirms 2022 earnings guidance range of $3.60 - $3.90 per share DULUTH, Minn. --(BUSINESS WIRE)--May 5, 2022-- ALLETE, Inc. (NYSE: ALE) today reported first quarter 2022 earnings of $1.24 per share on net income of $66.3 million . Last year’s results were 99 cents per share on net income of $51.8
View HTML
Toggle Summary ALLETE Board of Directors Declares Dividend on Common Stock
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.
View HTML