Dividend Yield and Payout Ratio Summary (Annual)
According to ALLETE's latest annual financial reports, the company has a dividend yield of 4.35%. This metric indicates the percentage of the company's share price that is paid out as dividends annually.
The company also has a dividend payout ratio of 90.80%. This ratio represents the proportion of earnings paid out as dividends to shareholders, reflecting the company's dividend policy and sustainability.
Dividend Yield
4.35%
Dividend Payout Ratio
90.80%
ALLETE Historical Dividend Yield
Dividend Yield History
The table below shows the dividend yield for each year, with the latest data available for the last fiscal year 2024.
| Year | Dividend Yield | Change |
|---|---|---|
| 2024 | 4.35% | -1.87% |
| 2023 | 4.44% | 9.67% |
| 2022 | 4.05% | 6.65% |
| 2021 | 3.79% | -4.87% |
| 2020 | 3.99% | 37.59% |
| 2019 | 2.90% | -1.45% |
| 2018 | 2.94% | 2.21% |
| 2017 | 2.88% | -11.33% |
| 2016 | 3.25% | -18.62% |
| 2015 | 3.99% | 12.56% |
| 2014 | 3.54% | -6.71% |
| 2013 | 3.80% | -15.32% |
| 2012 | 4.48% | 7.01% |
| 2011 | 4.19% | -12.17% |
| 2010 | 4.77% | -11.14% |
| 2009 | 5.37% | 0.38% |
| 2008 | 5.35% | 35.24% |
| 2007 | 3.95% | 16.56% |
| 2006 | 3.39% | 11.06% |
| 2005 | 3.06% | -60.13% |
| 2004 | 7.66% | -30.73% |
| 2003 | 11.06% | -23.88% |
| 2002 | 14.53% | 13.28% |
| 2001 | 12.83% | -1.63% |
| 2000 | 13.04% | N/A |
| 1999 | 0.00% | N/A |
| 1998 | 0.00% | N/A |
| 1997 | 0.00% | N/A |
| 1996 | 0.00% | N/A |
| 1995 | 0.00% | N/A |
| 1994 | 0.00% | N/A |
| 1993 | - | N/A |
| 1992 | - | N/A |
| 1991 | - | N/A |
| 1990 | - | N/A |
| 1989 | - | N/A |
| 1988 | - | N/A |
| 1987 | - | N/A |
| 1986 | - | N/A |
| 1985 | - | N/A |
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