ALLETE, Inc. ALE | NYSE

$64.07 $0.19 | 0.30%

After Hours
$64.06 -$0.01 | -0.02%

Next Earnings: Jul 30, 2025

Company Overview:

Market Cap: $3.71B
PE Ratio: 20.08
52-Week Range: $61.51 - $66.40
Dividend Yield (FWD): 4.56% ($2.92)

6.4 Year ALE Performance Metrics:

Total Return (with DRIP): 6.5% (0.99% CAGR)
Total Return (no DRIP): 3.6% (0.55% CAGR)
Share Price: -16.7% (-2.82% CAGR)
Dividend Increase: 24.3% (3.53% CAGR)
ALE 6.4-yr Total Return ($10K invested)
1Y 2Y 5Y 10Y All

ALE Dividend Payments, Yield & Share Price charts

Dividend Payments & Yield
ALE Dividend CAGR:1Y: 3.55%2Y: 3.80%5Y: 3.40%10Y: 3.75%
Share Price
ALE Price CAGR:1Y: 3.11%2Y: 5.13%5Y: 3.25%10Y: -1.81%

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ALE Dividend Safety: Payout & Dividend to Free Cash Flow Ratios.

Dividend Payout Ratio - ALE
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Dividend to Free Cash Flow Ratio - ALE
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ALE Earnings, Revenue, Cash & Debt, Shares Outstaning:

ALE - Revenue
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ALE Revenue CAGR:1Y: -0.77%2Y: -15.83%5Y: 5.13%10Y: 2.26%
ALE - Earnings Per Share (EPS)
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ALE EPS CAGR:1Y: 10.23%2Y: 21.23%5Y: -5.40%10Y: 1.33%
ALE - Net Income
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ALE Net Income CAGR:1Y: 10.65%2Y: 22.15%5Y: -3.29%10Y: 3.47%
ALE - EBITDA
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ALE EBITDA CAGR:1Y: -11.47%2Y: -4.27%5Y: -2.11%10Y: 1.18%
ALE - Free Cash Flow
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ALE Free Cash Flow CAGR:1Y: 8,740.00%2Y: N/A5Y: -7.57%10Y: 10.29%
ALE - Free Cash Flow / Share
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ALE Free Cash Flow / Share CAGR:1Y: 8,694.15%2Y: N/A5Y: -9.64%10Y: 7.99%
ALE - Operating Income
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ALE Operating Income CAGR:1Y: 12.05%2Y: 4.75%5Y: -2.52%10Y: -0.62%
ALE - Gross Profit
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ALE Gross Profit CAGR:1Y: 112.58%2Y: 3.89%5Y: 2.14%10Y: 2.63%
ALE - Shares Outstanding
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ALE Shares Outstanding CAGR:1Y: 0.52%2Y: 0.61%5Y: 2.29%10Y: 2.10%
ALE - Share Buybacks
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ALE Share Buybacks CAGR:1Y: 0.00%2Y: 0.00%5Y: -100.00%10Y: -100.00%
ALE - Stock-Based Comp
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ALE Stock-Based Comp CAGR:1Y: 0.00%2Y: 45.77%5Y: 0.00%10Y: -5.52%
ALE - Expenses
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ALE Expenses CAGR:1Y: 154.79%2Y: 48.52%5Y: 0.01%10Y: 5.74%
ALE - Revenue vs Net Income
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ALE - EPS vs FCF / Share
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ALE - EPS vs PE Ratio
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ALE - FCF vs FCF / Share
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ALE - FCF vs Stock Based Comp
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ALE - Cash & Debt
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ALE - Dividends
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ALE Dividend CAGR:1Y: 3.55%2Y: 3.80%5Y: 3.40%10Y: 3.75%
ALE - Revenue by Segment
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ALE Revenue CAGR:1Y: -0.77%2Y: -15.83%5Y: 5.13%10Y: 2.26%

Revenue, EPS, Net Income & Ebitda - Estimates VS Actual:

ALE - REVENUE: Actual + Estimates
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ALE Actual Revenue CAGR:1Y: -0.77%2Y: -15.83%5Y: 5.13%10Y: 2.26%
ALE - EPS: Actual + Estimates
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ALE Actual EPS CAGR:1Y: 10.23%2Y: 21.23%5Y: -5.40%10Y: 1.33%
ALE - NET INCOME: Actual + Estimates
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ALE Actual Net Income CAGR:1Y: 10.65%2Y: 22.15%5Y: -3.29%10Y: 3.47%
ALE - EBITDA: Actual + Estimates
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ALE Actual EBITDA CAGR:1Y: -11.47%2Y: -4.27%5Y: -2.11%10Y: 1.18%

Ratios, Profit Margins & Return on Capital:

ALE - Net Profit Margin
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ALE Net Profit Margin CAGR:1Y: 11.54%2Y: 45.09%5Y: -8.01%10Y: 1.18%
ALE - Gross Profit Margin
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ALE Gross Profit Margin CAGR:1Y: 114.30%2Y: 23.44%5Y: -2.84%10Y: 0.36%
ALE - Price to Earnings
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ALE - Price To Sales Ratio
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ALE - Return on Capital Employed
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ALE - Return on Invested Capital
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ALE Dividends Info:

Annual Dividend: $2.92
Forward Yield: 4.56%
Ex-Dividend Date: 2025-05-15
Lifetime Dividends / Share: $109.66

ALE Dividend History: Dates, Payments & Yield list

Below is a schedule of all ALE dividend payments, ex-dates, share price on the day of the payment as well as TTM & forward yield

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
05/15/202506/02/2025$0.7304.41%4.47%$65.31
02/14/202503/03/2025$0.7304.35%4.44%$65.71
11/15/202412/02/2024$0.7054.38%4.35%$64.84
08/15/202409/02/2024$0.7054.39%0%$0.00
05/14/202406/03/2024$0.7054.39%4.49%$62.83
02/14/202403/01/2024$0.7054.77%4.98%$56.59
11/14/202312/01/2023$0.6784.87%4.83%$56.05
08/14/202309/01/2023$0.6784.81%4.91%$55.19
05/12/202306/01/2023$0.6784.29%4.68%$57.92
02/14/202303/01/2023$0.6784.46%4.43%$61.22
11/14/202212/01/2022$0.6504.17%3.94%$65.99
08/12/202209/01/2022$0.6504.08%4.34%$59.97
05/13/202206/01/2022$0.6504.24%4.17%$62.32
02/14/202203/01/2022$0.6504.13%4.2%$61.92
11/12/202112/01/2021$0.6303.94%4.28%$58.82
08/13/202109/01/2021$0.6303.53%3.69%$68.28
05/13/202106/01/2021$0.6303.56%3.67%$68.75
02/12/202103/01/2021$0.6303.81%4.02%$62.70
11/13/202012/01/2020$0.6184.43%4.32%$57.24
08/13/202009/01/2020$0.6184.25%4.64%$53.27
05/14/202006/01/2020$0.6184.82%4.17%$59.20
02/13/202003/02/2020$0.6182.93%3.32%$74.39
11/14/201912/02/2019$0.5882.9%2.96%$79.43
08/14/201909/02/2019$0.5882.78%2.71%$86.58
05/14/201906/03/2019$0.5882.82%2.84%$82.64
02/14/201903/01/2019$0.5882.91%2.88%$81.68
11/14/201812/03/2018$0.5600%2.91%$76.94
08/14/201809/03/2018$0.5600%2.91%$76.94
05/14/201806/01/2018$0.5600%2.91%$76.94
02/14/201803/01/2018$0.5600%2.91%$76.94
11/14/201712/01/2017$0.5350%2.78%$76.94
08/11/201709/01/2017$0.5350%2.78%$76.94
05/11/201706/01/2017$0.5350%2.78%$76.94
02/13/201703/01/2017$0.5350%2.78%$76.94
11/10/201612/01/2016$0.5200%2.7%$76.94
08/11/201609/01/2016$0.5200%2.7%$76.94
05/12/201606/01/2016$0.5200%2.7%$76.94
02/11/201603/01/2016$0.5200%2.7%$76.94
11/12/201512/01/2015$0.5050%2.63%$76.94
08/12/201509/01/2015$0.5050%2.63%$76.94
05/13/201506/01/2015$0.5050%2.63%$76.94
02/11/201503/02/2015$0.5050%2.63%$76.94
11/12/201412/01/2014$0.4900%2.55%$76.94
08/13/201409/01/2014$0.4900%2.55%$76.94
05/13/201406/02/2014$0.4900%2.55%$76.94
02/12/201403/03/2014$0.4900%2.55%$76.94
11/13/201312/02/2013$0.4750%2.47%$76.94
08/13/201309/02/2013$0.4750%2.47%$76.94
05/13/201306/03/2013$0.4750%2.47%$76.94
02/13/201303/01/2013$0.4750%2.47%$76.94
11/13/201212/03/2012$0.4600%2.39%$76.94
08/13/201209/03/2012$0.4600%2.39%$76.94
05/11/201206/01/2012$0.4600%2.39%$76.94
02/13/201203/01/2012$0.4600%2.39%$76.94
11/10/201112/01/2011$0.4450%2.31%$76.94
08/11/201109/01/2011$0.4450%2.31%$76.94
05/12/201106/01/2011$0.4450%2.31%$76.94
02/11/201103/01/2011$0.4450%2.31%$76.94
11/10/201012/01/2010$0.4400%2.29%$76.94
08/12/201009/01/2010$0.4400%2.29%$76.94
05/12/201006/01/2010$0.4400%2.29%$76.94
02/10/201003/01/2010$0.4400%2.29%$76.94
11/12/200912/01/2009$0.4400%2.29%$76.94
08/12/200909/01/2009$0.4400%2.29%$76.94
05/13/200906/01/2009$0.4400%2.29%$76.94
02/11/200903/02/2009$0.4400%2.29%$76.94
11/12/200812/01/2008$0.4300%2.24%$76.94
08/13/200809/01/2008$0.4300%2.24%$76.94
05/13/200806/02/2008$0.4300%2.24%$76.94
02/13/200803/03/2008$0.4300%2.24%$76.94
11/13/200712/03/2007$0.4100%2.13%$76.94
08/13/200709/03/2007$0.4100%2.13%$76.94
05/11/200706/01/2007$0.4100%2.13%$76.94
02/13/200703/01/2007$0.4100%2.13%$76.94
11/13/200612/01/2006$0.3630%1.88%$76.94
08/11/200609/01/2006$0.3630%1.88%$76.94
05/11/200606/01/2006$0.3630%1.88%$76.94
02/13/200603/01/2006$0.3630%1.88%$76.94
11/10/200512/01/2005$0.3150%1.64%$76.94
08/11/200509/01/2005$0.3150%1.64%$76.94
05/12/200506/01/2005$0.3150%1.64%$76.94
02/11/200503/01/2005$0.3000%1.56%$76.94
11/10/200412/01/2004$0.3000%1.56%$76.94
09/21/200409/23/2004$16.0000%83.18%$76.94
08/12/200409/01/2004$0.8490%4.41%$76.94
05/12/200406/01/2004$0.8490%4.41%$76.94
02/11/200403/01/2004$0.8490%4.41%$76.94
11/12/200312/01/2003$0.8490%4.41%$76.94
08/13/200309/01/2003$0.8490%4.41%$76.94
05/13/200306/02/2003$0.8490%4.41%$76.94
02/12/200303/03/2003$0.8490%4.41%$76.94
11/13/200212/02/2002$0.8250%4.29%$76.94
08/13/200209/02/2002$0.8250%4.29%$76.94
05/13/200206/03/2002$0.8250%4.29%$76.94
02/13/200203/01/2002$0.8250%4.29%$76.94
11/13/200112/03/2001$0.8040%4.18%$76.94
08/13/200109/03/2001$0.8040%4.18%$76.94
05/11/200106/01/2001$0.8040%4.18%$76.94
02/13/200103/01/2001$0.8040%4.18%$76.94
11/13/200012/01/2000$0.8040%4.18%$76.94
08/11/200009/01/2000$0.8040%4.18%$76.94
05/11/200006/01/2000$0.8040%4.18%$76.94
02/11/200003/01/2000$0.8040%4.18%$76.94
11/10/199912/01/1999$0.8040%4.18%$76.94
08/12/199909/01/1999$0.8040%4.18%$76.94
05/12/199906/01/1999$0.8040%4.18%$76.94
02/11/199903/01/1999$0.7650%3.98%$76.94
11/12/199812/01/1998$0.7650%3.98%$76.94
08/12/199809/01/1998$0.7650%3.98%$76.94
05/13/199806/01/1998$0.7650%3.98%$76.94
02/11/199803/02/1998$0.7650%3.98%$76.94
11/12/199712/01/1997$0.7650%3.98%$76.94
08/13/199709/01/1997$0.7650%3.98%$76.94
05/13/199706/02/1997$0.7650%3.98%$76.94
02/12/199703/03/1997$0.7650%3.98%$76.94
11/13/199612/02/1996$0.7650%3.98%$76.94
08/13/199609/02/1996$0.7650%3.98%$76.94
05/13/199606/03/1996$0.7650%3.98%$76.94
02/13/199603/01/1996$0.7650%3.98%$76.94
11/13/199512/01/1995$0.7650%3.98%$76.94
08/11/199509/01/1995$0.7650%3.98%$76.94
05/09/199506/01/1995$0.7650%3.98%$76.94
02/09/199503/01/1995$0.7650%3.98%$76.94
11/08/199412/01/1994$0.7580%3.94%$76.94
08/09/199409/01/1994$0.7580%3.94%$76.94
05/10/199406/01/1994$0.7580%3.94%$76.94
02/09/199403/01/1994$0.7580%3.94%$76.94
11/08/199312/01/1993$0.7430%3.86%$76.94
08/10/199309/01/1993$0.7430%3.86%$76.94
05/10/199306/01/1993$0.7430%3.86%$76.94
02/09/199303/01/1993$0.7430%3.86%$76.94
11/09/199212/01/1992$0.7280%3.78%$76.94
08/10/199209/01/1992$0.7280%3.78%$76.94
05/11/199206/01/1992$0.7280%3.78%$76.94
02/10/199203/02/1992$0.7280%3.78%$76.94
11/08/199112/02/1991$0.7130%3.7%$76.94
08/09/199109/02/1991$0.7130%3.7%$76.94
05/09/199106/03/1991$0.7130%3.7%$76.94
02/11/199103/01/1991$0.7130%3.7%$76.94
11/08/199012/03/1990$0.6980%3.63%$76.94
08/09/199009/03/1990$0.6980%3.63%$76.94
05/09/199006/01/1990$0.6980%3.63%$76.94
02/09/199003/01/1990$0.6980%3.63%$76.94
11/09/198912/01/1989$0.6680%3.47%$76.94
08/09/198909/01/1989$0.6680%3.47%$76.94
05/09/198906/01/1989$0.6680%3.47%$76.94
02/09/198903/01/1989$0.6680%3.47%$76.94
11/08/198812/01/1988$0.6450%3.35%$76.94
08/09/198809/01/1988$0.6450%3.35%$76.94
05/10/198806/01/1988$0.6450%3.35%$76.94
02/09/198803/01/1988$0.6450%3.35%$76.94

Projected Future Returns & Dividends for ALE

Based on past 6.4-year performance, here are ALE growth metrics:

Share price CAGR of -2.82%
Dividend CAGR of +3.75%

Using ALE CAGR metrics, we can estimate that your initial $10000 investment, over the next 10 years, should grow as follows:

ALE (DRIP)ALE - No DRIP
Current Price$64.07$64.07
Start Shares156.08156.08
Start Value$10,000$10,000
  
After 10 years:
Final Share Count289.49156.08
Dividends Payment$1.06$1.06
Annual Dividends$1,222$659
Yield on cost12.22%6.59%
Share Price$49.53$49.53
Total Dividends$7,321$5,410
Final Value$14,338$13,140

Estimated Future Value + Dividends - ALE

NOTE: Above numbers are our estimate based on ALE's Dividend and Price CAGR over past 6.4 years. These numbers should only be considered as "potential future returns"! DRIP assumes reinvesting dividends; No-DRIP assumes collecting dividends as cash.

We cannot guarantee that your actual returns will meet these estimates.

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Company Info

ALLETE, Inc. (ALE) had its IPO on 1973-05-03, and is trader on NYSE stock exchange.

ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.

ALE website: https://www.allete.com

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