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ALLETE, Inc. Β· NYSE
Price: $67.90 Β· Annual div: $2.19/share Β· Frequency: quarterly Β· Payout ratio: 50% Β· Ex-div: TBD
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Year your monthly dividend income covers each expense (based on current settings)
$10,000 in ALE β $44.4K in 10 years Β· $256.13/month
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.
This calculation uses the DividendFlow Engine v6.0. Data is verified daily against SEC filings and FMP real-time feeds to ensure projection accuracy.
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Real after-tax yield depends on where you live and how you hold ALE.
| Account/Country | Tax Rate | After-tax Yield | Real Yield | $10K Annual Income |
|---|---|---|---|---|
| πΊπΈ Roth IRA / 401k | 0% | 3.23% | 0.43% | $323 / yr |
| πΊπΈ US Taxable (15%) β | 15% | 2.75% | -0.05% | $275 / yr |
| πΊπΈ US Taxable (20%) | 20% | 2.58% | -0.22% | $258 / yr |
| π¬π§ UK ISA | 0% | 3.23% | 0.43% | $323 / yr |
| π¬π§ UK Taxable | 8.75% | 2.95% | 0.15% | $295 / yr |
| π¨π¦ TFSA | 0% | 3.23% | 0.43% | $323 / yr |
| π¨π¦ CA Taxable | 25% | 2.42% | -0.38% | $242 / yr |
| π¦πΊ Super (pension) | 15% | 2.75% | -0.05% | $275 / yr |
| π¦πΊ AU Taxable | 30% | 2.26% | -0.54% | $226 / yr |
| π©πͺ DE Taxable | 26.375% | 2.38% | -0.42% | $238 / yr |
| π«π· FR Taxable | 30% | 2.26% | -0.54% | $226 / yr |
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
12-month CPI (US BLS via FMP economic-indicators).
Based on current dividend of $2.19/share/yr Β· πΊπΈ US Taxable (15%) Β· static projection (no growth assumed).
ALE pays quarterly β 4 times per year. Next ex-div: TBD.
How ALE compares to typical Utilities averages.
Benchmarks: S&P 500 sector averages (2024β2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for ALE sourced from FMP /financial-growth endpoint β real data, not estimates.
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
| Insider | Title | Type | Date | Shares | Price | Total Value |
|---|---|---|---|---|---|---|
| D-Return | 2025-12-15 | 5,461.9 | $67.00 | $365.9K | ||
| D-Return | 2025-12-15 | 4,344.18 | $67.00 | $291.1K | ||
| D-Return | 2025-12-15 | 3,270.59 | β | β | ||
| D-Return | 2025-12-15 | 1,602.24 | $67.00 | $107.3K | ||
| D-Return | 2025-12-15 | 2,564.07 | β | β | ||
| D-Return | 2025-12-15 | 1,677.62 | $67.00 | $112.4K | ||
| D-Return | 2025-12-15 | 210.2 | $67.00 | $14.1K | ||
| D-Return | 2025-12-15 | 2,096.47 | β | β | ||
| D-Return | 2025-12-15 | 7,426.35 | $67.00 | $497.6K | ||
| D-Return | 2025-12-15 | 4,463.95 | β | β |
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
Analyst consensus price target via FMP. Not a guarantee of future performance. Past analyst accuracy varies.
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores β lower dividend cut risk. Data via FMP financial statements.
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the ALE dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer β