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ALE Projected Dividend Yield

Allete Inc ( NYSE : ALE )

ALLETE, Inc. is a clean-energy transformation company that owns, operates and developing wind energy generation to reduce carbon footprint. Co.'s segments include Regulated Operations and ALLETE Clean Energy. Regulated Operations includes regulated utilities, Minnesota Power, and SWL&P, as well as investment in ATC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota, and Illinois. Minnesota Power provides regulated utility electric service in northeastern Minnesota to approximately 150,000 retail customers.

31 YEAR PERFORMANCE RESULTS

ALE Dividend History Detail
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# of Shares: 0

Closing Price: 65.04

Current Market Value: 0.00

Cost Basis: 0.00

Date Acquired:

Dividend Cash Flow
Year	Annual Dividend	Dividend Growth	# of Shares	Annual Dividend Income	Yield On Cost %
2004	0.30	0%	0	$ 0.00	0.00%
2005	1.25	315%	0	$ 0.00	0.00%
2006	1.45	16%	0	$ 0.00	0.00%
2007	1.64	13%	0	$ 0.00	0.00%
2008	1.72	5%	0	$ 0.00	0.00%
2009	1.76	2%	0	$ 0.00	0.00%
2010	1.76	0%	0	$ 0.00	0.00%
2011	1.78	1%	0	$ 0.00	0.00%
2012	1.84	3%	0	$ 0.00	0.00%
2013	1.90	3%	0	$ 0.00	0.00%
2014	1.96	3%	0	$ 0.00	0.00%
2015	2.02	3%	0	$ 0.00	0.00%
2016	2.08	3%	0	$ 0.00	0.00%
2017	2.14	3%	0	$ 0.00	0.00%
2018	2.24	5%	0	$ 0.00	0.00%
2019	2.35	5%	0	$ 0.00	0.00%
2020	2.47	5%	0	$ 0.00	0.00%
2021	2.52	2%	0	$ 0.00	0.00%
2022	2.60	3%	0	$ 0.00	0.00%
2023	2.71	4%	0	$ 0.00	0.00%
2025	2.82	4%	0	$ 0.00	4.34%
2026	2.93	4%	0	$ 0.00	4.50%
Using the current years Dividend Growth rate of 4% and projecting 4% forward the annual dividend income in 10/yrs would be $ 0.00 with a yield on cost % of 4.50%
Rolling Last 4 qtrs dividends total $ 2.82 and Previous last 4 qtrs dividends total $ 2.71
Dividend 1 Yr Growth = ( 2.82 – 2.71 ) × 100 = 4% (Click the Edit pencil if you want to modify the forward dividend growth rate projection) 2.71

Year	Declaration Date	Ex-Dividend Date	Record Date	Payable Date	Dividend $ Amount
2024	Oct 25, 2024	Nov 15, 2024	Nov 15, 2024	Dec 01, 2024	0.7050
2024	Jul 25, 2024	Aug 15, 2024	Aug 15, 2024	Sep 01, 2024	0.7005
2024	Apr 25, 2024	May 14, 2024	May 15, 2024	Jun 01, 2024	0.7050
2024	Jan 26, 2024	Feb 14, 2024	Feb 15, 2024	Mar 01, 2024	0.7050
2024 Total:					2.8155
2023	Oct 27, 2023	Nov 14, 2023	Nov 15, 2023	Dec 01, 2023	0.6775
2023	Jul 31, 2023	Aug 14, 2023	Aug 15, 2023	Sep 01, 2023	0.6775
2023	Apr 27, 2023	May 12, 2023	May 15, 2023	Jun 01, 2023	0.6775
2023	Feb 03, 2023	Feb 14, 2023	Feb 15, 2023	Mar 01, 2023	0.6775
2023 Total:					2.7100
2022	Oct 28, 2022	Nov 14, 2022	Nov 15, 2022	Dec 01, 2022	0.6500
2022	Jul 28, 2022	Aug 12, 2022	Aug 15, 2022	Sep 01, 2022	0.6500
2022	Apr 28, 2022	May 13, 2022	May 16, 2022	Jun 01, 2022	0.6500
2022	Feb 03, 2022	Feb 14, 2022	Feb 15, 2022	Mar 01, 2022	0.6500
2022 Total:					2.6000
2021	Oct 29, 2021	Nov 12, 2021	Nov 15, 2021	Dec 01, 2021	0.6300
2021	Jul 29, 2021	Aug 13, 2021	Aug 16, 2021	Sep 01, 2021	0.6300
2021	Apr 29, 2021	May 13, 2021	May 14, 2021	Jun 01, 2021	0.6300
2021	Feb 04, 2021	Feb 12, 2021	Feb 16, 2021	Mar 01, 2021	0.6300
2021 Total:					2.5200
2020	Oct 30, 2020	Nov 13, 2020	Nov 16, 2020	Dec 01, 2020	0.6175
2020	Jul 30, 2020	Aug 13, 2020	Aug 14, 2020	Sep 01, 2020	0.6175
2020	Apr 30, 2020	May 14, 2020	May 15, 2020	Jun 01, 2020	0.6175
2020	Jan 31, 2020	Feb 13, 2020	Feb 14, 2020	Mar 01, 2020	0.6175
2020 Total:					2.4700