Allete board of directors declares dividend on common stock

Duluth, minn.--(business wire)--the allete, inc. (nyse:ale) board of directors has declared a quarterly dividend of 70.50 cents per share of common stock. on an annual basis the dividend is equivalent to $2.82 per share, unchanged from the previous quarter. the regular quarterly dividend is payable june 1 to common stock shareholders of record at the close of business may 15, 2024. allete inc. is an energy company headquartered in duluth, minnesota. in addition to its electric utilities, minnes.
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