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ALLETE, Inc. (ALE)

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64.75

-0.08

(-0.12%)

At close: April 17 at 4:00:02 PM EDT

64.72

-0.03

(-0.05%)

After hours: April 17 at 5:59:02 PM EDT

ALLETE recognized for commitment to women in leadership roles

DULUTH, Minn., April 15, 2025--ALLETE, Inc. (NYSE:ALE) has been named an Honor Roll Company of Special Distinction in the 2024 Minnesota Census of Women in Corporate Leadership.

Business Wire 3 days ago

ALE
-0.12%
New Energy Equity Announces Leadership Transition: Josh Kunkel to Succeed Matt Hankey as CEO

New Energy Equity, a subsidiary of ALLETE, Inc. (NYSE: ALE), announced today that Josh Kunkel, current president of New Energy Equity, will be promoted to Chief Executive Officer as part of a planned transition effective June 1, 2025. Co-founder and current CEO, Matt Hankey will be taking on a new role at ALLETE as Emerging Technologies Officer, focusing on broad initiatives across the ALLETE family of companies, while remaining on the New Energy Equity Board of Directors.

PR Newswire 9 days ago

ALE
-0.12%
How Hormel Foods, ALLETE, And Alliant Energy Can Put Cash In Your Pocket

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Hormel Foods, ALLETE, and Alliant Energy have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3-4%. Hormel Foods Hormel Foods Corporation (NYSE:HRL) develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers

Benzinga 20 days ago

HRL

ALE
-0.12%
LNT
+0.63%
New Energy Equity's Lift as We Climb Foundation Donates $100,000 to Civic Works to Expand Solar Access in Baltimore

New Energy Equity's Lift as We Climb Foundation has donated $100,000 to Civic Works, a Baltimore-based nonprofit, to support its mission of expanding solar access for local households. The funds were raised during the Lift As We Climb Foundation's annual charity golf tournament in October 2024 and will directly impact families in Baltimore City by improving access to clean, affordable energy.

PR Newswire 24 days ago

ALE
-0.12%
Wisconsin Regulators Approve Proposed ALLETE Transaction With Canada Pension Plan Investment Board and Global Infrastructure Partners

DULUTH, Minn., March 13, 2025--ALLETE, Inc. (NYSE: ALE) announced that the Public Service Commission of Wisconsin (PSCW) today approved the company’s proposed transaction with Canada Pension Plan Investment Board (CPP Investments) and Global Infrastructure Partners (GIP).

Business Wire last month

ALE
-0.12%
ALLETE Names Jeff Scissons Chief Financial Officer

DULUTH, Minn., March 11, 2025--ALLETE, Inc. (NYSE: ALE) announced today that ALLETE Vice President and Corporate Treasurer Jeff Scissons has been promoted to chief financial officer. He succeeds Steven W. Morris, who recently announced his plan to retire in July.

Business Wire last month

ALE
-0.12%
New Energy Equity Partners with Harlem Consolidated School District on 5.54 MWdc Community Solar Project

New Energy Equity, a national leader in developing and financing community and commercial solar projects, is pleased to announce a new partnership with the Harlem Consolidated School District to bring a 5.54 MWdc solar energy project to the district in Illinois.

PR Newswire last month

ALE
-0.12%
How Fifth Third Bancorp, ALLETE, And S&T Bancorp Can Put Cash In Your Pocket

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Fifth Third Bancorp, ALLETE, and S&T Bancorp have rewarded shareholders for years and recently announced dividend increases. ...

Benzinga last month

STBA

FITB

ALE
-0.12%
Allete: Q4 Earnings Snapshot

DULUTH, Minn. AP) — Allete Inc. ALE) on Thursday reported fourth-quarter net income of $50.6 million.

Associated Press Finance 2 months ago

ALE
-0.12%
ALLETE, Inc. Reports 2024 Earnings

DULUTH, Minn., February 13, 2025--ALLETE, Inc. (NYSE: ALE) today reported 2024 earnings of $3.10 per share on net income of $179.3 million and operating revenue of $1.5 billion. Reported results from 2023 were $4.30 per share on net income of $247.1 million and operating revenue of $1.9 billion. Results for 2024 reflect approximately 39 cents per share of transaction expenses related to the merger agreement entered into May 5, 2024, with Canada Pension Plan Investment Board and Global Infrastruc

Business Wire 2 months ago

ALE
-0.12%
ALLETE Board of Directors Raises Quarterly Common Stock Dividend

DULUTH, Minn., January 30, 2025--ALLETE, Inc. (NYSE:ALE) today announced that its Board of Directors has increased the quarterly dividend on the company’s common stock to $0.73 per share, a 3.5 percent increase.

Business Wire 2 months ago

ALE
-0.12%
ALLETE Senior Vice President & Chief Financial Officer Steven W. Morris to Retire Mid-Year as Part of a Planned Transition

DULUTH, Minn., January 24, 2025--ALLETE announced today that Chief Financial Officer Steven W. Morris will retire later this year.

Business Wire 2 months ago

ALE
-0.12%
Looking For Yields: Nexstar Media, Avista And ALLETE Are Consistent Moneymakers

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Nexstar Media, Avista and ALLETE have rewarded shareholders for years and recently announced dividend increases. These ...

Benzinga 3 months ago

AVA
+0.58%
ALE
-0.12%
NXST
ALLETE receives FERC approval for proposed transaction with Canada Pension Plan Investment Board and Global Infrastructure Partners

DULUTH, Minn., December 19, 2024--ALLETE, Inc. (NYSE: ALE) announced that the Federal Energy Regulatory Commission (FERC) approved the company’s proposed transaction with Canada Pension Plan Investment Board (CPP Investments) and Global Infrastructure Partners (GIP).

Business Wire 3 months ago

ALE
-0.12%
NorthWestern Energy to Participate in Regional Transmission Projects

BUTTE, Mont. & SIOUX FALLS, S.D., December 12, 2024--NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) is joining new high voltage transmission projects to expand Montana’s grid, meet the state’s increasing energy demand, enhance energy security and create opportunities to serve regional energy needs that will benefit all of our customers.

Business Wire 4 months ago

NWE
+1.87%
ALE
-0.12%
Why Exxon Mobil, Brookfield Infrastructure Partners And ALLETE Are Winners For Passive Income

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Exxon Mobil, Brookfield Infrastructure Partners and ALLETE have rewarded shareholders for decades and recently announced ...

Benzinga 4 months ago

XOM

ALE
-0.12%
BIP-PA
ALLETE Clean Energy has fully recontracted Armenia Mountain Wind

DULUTH, Minn., November 19, 2024--ALLETE Clean Energy has fully contracted the output of its Armenia Mountain Wind site for another seven years through agreements with two customers.

Business Wire 4 months ago

ALE
-0.12%
Is ALLETE, Inc. (ALE) Among The Top Dividend Contenders Right Now?

We recently compiled a list of the Dividend Contenders List: Top 15. In this article, we are going to take a look at where ALLETE, Inc. (NYSE:ALE) stands against the other dividend contenders. Dividend stocks have long been favored by investors for the income they generate, and they become even more appealing when dividends increase over […]

Insider Monkey 5 months ago

ALE
-0.12%
Allete: Q3 Earnings Snapshot

DULUTH, Minn. AP) — Allete Inc. ALE) on Wednesday reported third-quarter earnings of $45 million.

Associated Press Finance 5 months ago

ALE
-0.12%
ALLETE, Inc. reports third quarter 2024 earnings

DULUTH, Minn., October 30, 2024--ALLETE, Inc. (NYSE: ALE) today reported third quarter 2024 earnings of 78 cents per share on net income of $45.0 million. Last year’s third quarter results were $1.49 per share on net income of $85.9 million. Net income for the same quarter in 2023 included approximately 71 cents per share for the favorable arbitration ruling involving a subsidiary of ALLETE Clean Energy. Net income for the third quarter this year included approximately 7 cents per share of trans

Business Wire 5 months ago

ALE
-0.12%

Performance Overview

Return	ALE	S&P 500 (^GSPC)
YTD	+1.04%	-10.18%
1-Year	+16.96%	+5.19%
3-Year	+16.93%	+20.26%

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ALLETE, Inc. (ALE)

ALLETE recognized for commitment to women in leadership roles

New Energy Equity Announces Leadership Transition: Josh Kunkel to Succeed Matt Hankey as CEO

How Hormel Foods, ALLETE, And Alliant Energy Can Put Cash In Your Pocket

New Energy Equity's Lift as We Climb Foundation Donates $100,000 to Civic Works to Expand Solar Access in Baltimore

Wisconsin Regulators Approve Proposed ALLETE Transaction With Canada Pension Plan Investment Board and Global Infrastructure Partners

ALLETE Names Jeff Scissons Chief Financial Officer

New Energy Equity Partners with Harlem Consolidated School District on 5.54 MWdc Community Solar Project

How Fifth Third Bancorp, ALLETE, And S&T Bancorp Can Put Cash In Your Pocket

Allete: Q4 Earnings Snapshot

ALLETE, Inc. Reports 2024 Earnings

ALLETE Board of Directors Raises Quarterly Common Stock Dividend

ALLETE Senior Vice President & Chief Financial Officer Steven W. Morris to Retire Mid-Year as Part of a Planned Transition

Looking For Yields: Nexstar Media, Avista And ALLETE Are Consistent Moneymakers

ALLETE receives FERC approval for proposed transaction with Canada Pension Plan Investment Board and Global Infrastructure Partners

NorthWestern Energy to Participate in Regional Transmission Projects

Why Exxon Mobil, Brookfield Infrastructure Partners And ALLETE Are Winners For Passive Income

ALLETE Clean Energy has fully recontracted Armenia Mountain Wind

Is ALLETE, Inc. (ALE) Among The Top Dividend Contenders Right Now?

Allete: Q3 Earnings Snapshot

ALLETE, Inc. reports third quarter 2024 earnings

Performance Overview