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
DULUTH, Minn. --(BUSINESS WIRE)--Feb. 2, 2022-- ALLETE, Inc. (NYSE:ALE) announced today that Susan K. Nestegard was selected as lead director by the independent members of its board of directors and also announced the retirement of two longtime board members.
Company’s latest project generates electricity for Fortune 500 corporate customers DULUTH, Minn. --(BUSINESS WIRE)--Jan. 25, 2022-- ALLETE Clean Energy , a wholly owned subsidiary of ALLETE, Inc. (NYSE: ALE), announced today the start of commercial operations at its Caddo Wind site in southern
DULUTH, Minn. --(BUSINESS WIRE)--Jan. 18, 2022-- ALLETE Inc. (NYSE:ALE) will announce its financial results for 2021 before the stock markets open on Wednesday, Feb. 16, 2022 . Following the release, ALLETE Chair, President and Chief Executive Officer Bethany M.
DULUTH, Minn. --(BUSINESS WIRE)--Jan. 11, 2022-- ALLETE (NYSE:ALE) today announced Senior Vice President and Chief Financial Officer Robert Adams will retire from the company later this year. As part of a planned transition, Adams will remain at the company until June 2022 .
DULUTH, Minn. --(BUSINESS WIRE)--Nov. 4, 2021-- ALLETE, Inc. (NYSE: ALE) today reported third quarter 2021 earnings of 53 cents per share on net income of $27.6 million . Last year’s results were 78 cents per share on net income of $40.7 million . “ALLETE is making significant progress on strategic
DULUTH, Minn. --(BUSINESS WIRE)--Nov. 1, 2021-- Minnesota Power , a utility division of ALLETE Inc. (NYSE: ALE), is filing a request today with the Minnesota Public Utilities Commission (MPUC) to increase its annual operating revenue by $108 million and adjust rates for its retail electric
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 29, 2021-- The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 63 cents per share of common stock. On an annual basis, the dividend is equivalent to $2.52 per share, unchanged from the previous quarter.
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 7, 2021-- ALLETE Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Thursday, November 4, 2021 . Following the release, ALLETE Chair, President and Chief Executive Officer Bethany M.
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 5, 2021-- ALLETE Inc.’s (NYSE: ALE) board of directors has elected Charlene A. Thomas , chief diversity, equity and inclusion officer for United Parcel Service Inc. (NYSE: UPS ), to serve on the board effective Oct. 4, 2021 .