ALLETE, Inc. ( ALE) - Dividend Growth Rate (DGR)
ALE Dividend Growth Rate for past 3 years (DGR3)
Dividend history for stock ALE (ALLETE, Inc.) including dividend growth rate predictions based on history.
| Year | Dividend | Estimated Yield on Cost |
|---|---|---|
| 2036 | 3.250USD | 4.78% |
| 2035 | 3.136USD | 4.62% |
| 2034 | 3.025USD | 4.45% |
| 2033 | 2.919USD | 4.30% |
| 2032 | 2.816USD | 4.14% |
| 2031 | 2.716USD | 4.00% |
| 2030 | 2.621USD | 3.86% |
| 2029 | 2.528USD | 3.72% |
| 2028 | 2.439USD | 3.59% |
| 2027 | 2.353USD | 3.46% |
| 2026 | 2.270USD | 3.34% |
ALE Dividend Growth Rate for past 5 years (DGR5)
| Year | Dividend | Estimated Yield on Cost |
|---|---|---|
| 2036 | 3.286USD | 4.84% |
| 2035 | 3.167USD | 4.66% |
| 2034 | 3.052USD | 4.49% |
| 2033 | 2.942USD | 4.33% |
| 2032 | 2.835USD | 4.17% |
| 2031 | 2.733USD | 4.02% |
| 2030 | 2.634USD | 3.88% |
| 2029 | 2.538USD | 3.74% |
| 2028 | 2.446USD | 3.60% |
| 2027 | 2.358USD | 3.47% |
| 2026 | 2.272USD | 3.34% |
ALE Dividend Growth Rate for past 10 years (DGR10)
| Year | Dividend | Estimated Yield on Cost |
|---|---|---|
| 2036 | 3.261USD | 4.80% |
| 2035 | 3.145USD | 4.63% |
| 2034 | 3.033USD | 4.46% |
| 2033 | 2.926USD | 4.31% |
| 2032 | 2.822USD | 4.15% |
| 2031 | 2.721USD | 4.01% |
| 2030 | 2.625USD | 3.86% |
| 2029 | 2.531USD | 3.73% |
| 2028 | 2.441USD | 3.59% |
| 2027 | 2.354USD | 3.47% |
| 2026 | 2.271USD | 3.34% |
ALE
Price: $67.94
Dividend Yield: 3.24%
Forward Dividend Yield: 4.30%
Payout Ratio: 72.97%
Dividend Per Share: 2.92 USD
Earnings Per Share: 2.85 USD
P/E Ratio: 23.74
Exchange: NYQ
Sector: Utilities
Industry: Utilities - Diversified
Country: United States
Volume: 122762
Ebitda: 65.9 millionMarket Capitalization: 3.9 billion
Average Dividend Frequency: 4
Years Paying Dividends: 41
DGR3: 3.65%
DGR5: 3.76%
DGR10: 3.69%
DGR20: 1.05%