ALLETE Inc (ALE)

61.68
NYSE : Utilities
Prev Close 61.32
Day Low/High 61.19 / 62.67
52 Wk Low/High 48.06 / 65.41
Avg Volume 223.30K
Exchange NYSE
Shares Outstanding 49.46M
Market Cap 3.03B
EPS 2.90
P/E Ratio 23.40
Div & Yield 2.08 (3.40%)

Latest News

Presidential Permit Paves Way For Minnesota Power's Great Northern Transmission Line To Deliver Canadian Hydropower To Customers

Presidential Permit Paves Way For Minnesota Power's Great Northern Transmission Line To Deliver Canadian Hydropower To Customers

Minnesota Power's Great Northern Transmission Line received federal approval today when the U.

ALLETE, Inc. Reports Third Quarter 2016 Earnings

ALLETE, Inc. Reports Third Quarter 2016 Earnings

ALLETE, Inc. (NYSE: ALE) today reported third quarter 2016 earnings of 81 cents per share on net income of $40.

Minnesota Power Files Electric Rate Review Request With State Regulators

Minnesota Power Files Electric Rate Review Request With State Regulators

Minnesota Power, a utility division of ALLETE (NYSE:ALE), today filed a rate review request with the Minnesota Public Utilities Commission (MPUC) asking for a rate increase of $55 million to support infrastructure...

ALLETE Board Of Directors Declares Dividend On Common Stock

ALLETE Board Of Directors Declares Dividend On Common Stock

The ALLETE, Inc. (NYSE: ALE) board of directors has declared a quarterly dividend of 52 cents per share of common stock.

Bob Adams Promoted To ALLETE CFO (Photo: ALLETE, Inc.)

Bob Adams Promoted To ALLETE CFO (Photo: ALLETE, Inc.)

ALLETE, Inc. (NYSE:ALE) Chief Risk Officer and Senior Vice President of Energy-Centric Businesses Bob Adams has been promoted to ALLETE Chief Financial Officer effective March 4, 2017.

Decision To Retire Two Small Coal Units Consistent With Minnesota Power's EnergyForward Plan

Decision To Retire Two Small Coal Units Consistent With Minnesota Power's EnergyForward Plan

Minnesota Power today announced it will retire two small coal-fired generators at its Boswell Energy Center in Cohasset, Minn.

Minnesota Power Reaches Five-Year Contract To Supply Electricity To U.S. Steel

Minnesota Power Reaches Five-Year Contract To Supply Electricity To U.S. Steel

ALLETE (NYSE: ALE) announced today that Minnesota Power has reached a five-year agreement to supply electricity to U.

ALLETE To Announce Third Quarter Financial Results On November 4

ALLETE To Announce Third Quarter Financial Results On November 4

ALLETE, Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Friday, November 4, 2016.

Minnesota Power Deploys Smart Wires To Optimize Its Grid And Save Customers Money

Minnesota Power Deploys Smart Wires To Optimize Its Grid And Save Customers Money

Minnesota Power and Smart Wires announced today their partnership to deploy an innovative solution for optimizing the flow of power on the grid.

ALLETE Chief Financial Officer Steve DeVinck Announces Retirement Plans As Part Of Planned Transition

ALLETE Chief Financial Officer Steve DeVinck Announces Retirement Plans As Part Of Planned Transition

ALLETE (NYSE:ALE) today announced the planned retirement of Chief Financial Officer Steve DeVinck.

ALLETE, Inc. Reports Second Quarter 2016 Earnings

ALLETE, Inc. Reports Second Quarter 2016 Earnings

ALLETE, Inc. (NYSE: ALE) today reported second quarter 2016 earnings of 50 cents per share on net income of $24.

ALLETE Board Of Directors Declares Dividend On Common Stock

ALLETE Board Of Directors Declares Dividend On Common Stock

The ALLETE, Inc. (NYSE: ALE) board of directors has declared a quarterly dividend of 52 cents per share of common stock.

Minnesota Power Seeks Proposals For Large-Scale Wind, Solar Energy, And Customer-Driven Resources

Minnesota Power Seeks Proposals For Large-Scale Wind, Solar Energy, And Customer-Driven Resources

Minnesota Power today is releasing the first in a series of Requests for Proposals as part of the company's broad resource evaluation process to further its EnergyForward strategy.

ALLETE To Announce Second Quarter Financial Results On August 3

ALLETE To Announce Second Quarter Financial Results On August 3

ALLETE, Inc. (NYSE:ALE) will announce its financial results for the second quarter before the stock markets open on Wednesday, August 3, 2016.

ALLETE (ALE) Hits New Lifetime High Today

ALLETE (ALE) Hits New Lifetime High Today

Trade-Ideas LLC identified ALLETE (ALE) as a new lifetime high candidate

Al Rudeck, President, ALLETE Clean Energy (Photo: ALLETE, Inc.)

Al Rudeck, President, ALLETE Clean Energy (Photo: ALLETE, Inc.)

Al Rudeck has been named President of ALLETE Clean Energy, a wholly-owned subsidiary of ALLETE Inc.

CEO Hodnik Tells Shareholders ALLETE Has Sustainable Future

CEO Hodnik Tells Shareholders ALLETE Has Sustainable Future

ALLETE Inc. (NYSE:ALE) is providing sustainable solutions for the nation's changing energy and water needs, company investors heard today at the Duluth-based energy company's 2016 Annual Meeting of Shareholders.

ALLETE, Inc. Reports Higher First Quarter 2016 Earnings

ALLETE, Inc. Reports Higher First Quarter 2016 Earnings

ALLETE, Inc. (NYSE: ALE) today reported first quarter 2016 earnings of 93 cents per share on net income of $45.

ALLETE Board Of Directors Declares Dividend On Common Stock

ALLETE Board Of Directors Declares Dividend On Common Stock

The ALLETE, Inc. (NYSE: ALE) board of directors has declared a quarterly dividend of 52 cents per share of common stock.

ALLETE To Announce First Quarter Financial Results On May 3

ALLETE To Announce First Quarter Financial Results On May 3

ALLETE, Inc. (NYSE:ALE) will announce its financial results for the first quarter before the stock markets open on Tuesday, May 3, 2016.

Minnesota Power Poised To Break Ground On International Transmission Line Following Approval Of Route Permit

Minnesota Power Poised To Break Ground On International Transmission Line Following Approval Of Route Permit

Minnesota Power's Great Northern Transmission Line cleared a major regulatory hurdle today with approval of a route permit for the 500-kilovolt line that will deliver renewable, carbon-free hydroelectricity from Canada to...

ALLETE, Inc. Reports Increased 2015 Earnings

ALLETE, Inc. Reports Increased 2015 Earnings

ALLETE, Inc. (NYSE: ALE) today reported 2015 earnings of $2.

What To Buy: Top 3 Buy-Rated Dividend Stocks: VLY, UBSI, ALE

What To Buy: Top 3 Buy-Rated Dividend Stocks: VLY, UBSI, ALE

These 3 dividend stocks are rated a Buy by TheStreet

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