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ALLETE, Inc. (NYSE:ALE – Get Free Report) declared a quarterly dividend on Friday, January 26th, Zacks reports. Shareholders of record on Thursday, February 15th will be given a dividend of 0.705 per share by the utilities provider on Friday, March 1st. This represents a $2.82 annualized dividend and a yield of 4.78%. The ex-dividend date […] ....
By Colin Kellaher Allete's board has raised the energy company's quarterly dividend by 4.1%, to 70.5 cents from 67.75 cents. The new payout, equal to $2.82 a. ....
ALLETE (NYSE:ALE – Get Free Report) was upgraded by Guggenheim from a “sell” rating to a “neutral” rating in a report released on Monday, MarketBeat Ratings reports. The firm presently has a $58.00 price objective on the utilities provider’s stock. Guggenheim’s price target indicates a potential downside of 2.16% from the company’s current price. ALE […] ....
Orion Portfolio Solutions LLC lessened its stake in ALLETE, Inc. (NYSE:ALE – Free Report) by 2.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,250 shares of the utilities provider’s stock after selling 266 shares during the period. Orion Portfolio Solutions LLC’s holdings […] ....
Shares of ALLETE, Inc. (NYSE:ALE – Get Free Report) have been assigned an average rating of “Reduce” from the five brokerages that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation and four have assigned a hold recommendation to the company. The average twelve-month price […] ....