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14.05.25 - 01:42
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XFRA: DIVIDEND/INTEREST INFORMATION - 15.05.2025 - US0185223007 (XETRA)
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Das Instrument AEBA US0185223007 ALLETE INC. NEW EQUITY wird cum Dividende/Zinsen gehandelt am 14.05.2025 und ex Dividende/Zinsen am 15.05.2025
The instrument AEBA US0185223007 ALLETE INC. NEW EQUITY has its pre-dividend/interest day on 14.05.2025 and its ex-dividend/interest day on 15.05.2025...
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08.05.25 - 12:36
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ALLETE, Inc. Reports First Quarter 2025 Earnings (Business Wire)
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DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) today reported first quarter 2025 earnings of 97 cents per share on net income of $56.1 million. Last year's first quarter results were 88 cents per share on net income of $50.7 million. Net income in 2025 includes transaction expenses of $2.1 million after-tax, or 4 cents per share, related to the announced merger. Net income in the first quarter of 2024 included transaction expenses of $1.2 million after-tax, or 2 cents per share.
“Our entire ALLETE team has been working diligently on many fronts to execute our Sustainability-in-Action strategy. Minnesota Power recently filed its latest Integrated Resource Plan, which outlines a path to achieve a portfolio that includes 90 percent renewable energy by 2035 by adding wind, solar, natural gas generation, and innovative energy storage as we work to cease coal on our system by 2035,” said ALLETE Chair, President, and Chief Executive Officer Bethany Owen. “Minnesota Power's EnergyForward strateg...
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25.04.25 - 12:36
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ALLETE Board of Directors Declares Dividend on Common Stock (Business Wire)
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DULUTH, Minn.--(BUSINESS WIRE)--The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 73 cents per share of common stock.
On an annual basis, the dividend is equivalent to $2.92 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, 2025.
ALLETE, Inc. is an energy company headquartered in Duluth, Minnesota. In addition to its electric utilities, Minnesota Power and Superior Water, Light and Power of Wisconsin, ALLETE owns ALLETE Clean Energy, based in Duluth; BNI Energy in Bismarck, ND; New Energy Equity, headquartered in Annapolis, MD; and has an 8% equity interest in the American Transmission Co. More information about ALLETE is available at www.allete.com. ALE-CORP
The statements contained in this release and statements that ALLETE may make orally in connection with this release that are not historical facts, are forward-looking statements. These forward-lookin...
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24.04.25 - 12:33
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ALLETE to Announce First Quarter Financial Results May 08 (Business Wire)
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DULUTH, Minn.--(BUSINESS WIRE)--ALLETE Inc. (NYSE:ALE) will announce its financial results for the first quarter before the stock markets open on Thursday, May 08, 2025.
ALLETE, Inc. is an energy company headquartered in Duluth, Minnesota. In addition to its electric utilities, Minnesota Power and Superior Water, Light and Power of Wisconsin, ALLETE owns ALLETE Clean Energy, based in Duluth; BNI Energy in Bismarck, N.D.; and New Energy Equity, headquartered in Annapolis, Maryland; and has an 8% equity interest in the American Transmission Co. More information about ALLETE is available at www.allete.com.
ALE-CORP
Contacts
Investor Contact:
218-723-3952shareholder@allete.com
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11.03.25 - 11:33
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ALLETE Names Jeff Scissons Chief Financial Officer (Business Wire)
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DULUTH, Minn.--(BUSINESS WIRE)--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.
Scissons joined the company in 2013 and was promoted to ALLETE vice president and corporate treasurer in 2024 after serving in key strategic roles throughout his tenure. Over a dozen years at ALLETE, he led various strategic initiatives, including the acquisition of New Energy Equity and the divestiture of U.S. Water. He currently leads the transition committee for the acquisition of ALLETE by Canada Pension Plan Investments Board (CPPIB) and Global Infrastructure Fund (GIP).
“Jeff's financial acumen and his principled, values-based, people-focused leadership have been instrumental in the development and successful execution of ALLETE's Sustainability-in-Action strategy, and I am excited to work closely with him in this new role,” said ALL...
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13.02.25 - 12:33
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ALLETE, Inc. Reports 2024 Earnings (Business Wire)
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DULUTH, Minn.--(BUSINESS WIRE)--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 Infrastructure Partners. Earnings in 2024 were positively impacted by the implementation of interim rates on January 1, 2024, net of reserves, related to Minnesota Power's rate case settlement. Net income in 2023 included approximately 6 cents per share for transaction expenses and 71 cents per share related to the arbitration award at ALLETE Clean Energy including consolidated income tax impacts recorded at Corporate and Other. Earnings per share dilution in 2024 was two cents due to additional shares of common stock outstan...
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12.02.25 - 23:39
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XFRA : DIVIDEND/INTEREST INFORMATION - 14.02.2025 - US0185223007 (XETRA)
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Das Instrument AEBA US0185223007 ALLETE INC. NEW EQUITY wird cum Dividende/Zinsen gehandelt am 13.02.2025 und ex Dividende/Zinsen am 14.02.2025
The instrument AEBA US0185223007 ALLETE INC. NEW EQUITY has its pre-dividend/interest day on 13.02.2025 and its ex-dividend/interest day on 14.02.2025...
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30.01.25 - 12:33
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ALLETE Board of Directors Raises Quarterly Common Stock Dividend (Business Wire)
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DULUTH, Minn.--(BUSINESS WIRE)--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.
“This dividend increase reflects the ALLETE Board of Directors' confidence in our growth outlook for ALLETE,” said ALLETE Chair, President and CEO Bethany Owen. “We are pleased to deliver another dividend increase to our shareholders – adding to our track record of more than 75 consecutive years of dividends paid.”
On an annual basis the increased dividend is equivalent to $2.92 per share. The regular quarterly dividend is payable Mar. 1 to common shareholders of record at the close of business Feb. 14, 2025.
ALLETE Inc. is an energy company headquartered in Duluth, Minnesota. In addition to its electric utilities, Minnesota Power and Superior Water, Light and Power of Wisconsin, ALLETE owns ALLETE Clean Energy, based in Duluth; BNI Energy, based in Bismarck, N.D.; New Energy Equity hea...
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24.01.25 - 12:51
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ALLETE Senior Vice President & Chief Financial Officer Steven W. Morris to Retire Mid-Year as Part of a Planned Transition (Business Wire)
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DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) announced today that Chief Financial Officer Steven W. Morris will retire later this year after a distinguished nearly 25-year career with the company. In the interim and as part of an orderly succession plan, Morris, 63, will remain with the company until July.
Morris joined the Duluth-based company in 2001 and was promoted to Senior Vice President and Chief Financial Officer in Feb. 2022 after serving in numerous key strategic roles throughout his tenure.
“Steve has been an integral member of the ALLETE team during his long career. His ethical, strategic, steady and consistent leadership is a strong reflection of how we do business here at ALLETE,” said CEO Bethany Owen. “Steve has always worked to position this company for sustainable success with a commitment to our customers, investors and our employees, and he has been an integral part of executing ALLETE's strategic goals. His ability to engage with all stakeholders, from investors to ...
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23.01.25 - 11:24
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XFRA : ICFFR - ENDE DER HANDELSUNTERBRECHUNG IN DIVERSEN AKTIEN - TEIL 2 (XETRA)
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05.11.24 - 01:18
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Avista joins PGE, Grid United and ALLETE in 3,000 megawatt east-west transmission line (GlobeNewswire EN)
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North Plains Connector transmission line continues building momentum as Avista commits to nonbinding memorandum of understanding for a 10% ownership share that would provide Avista access to a new transmission corridor. North Plains Connector transmission line continues building momentum as Avista commits to nonbinding memorandum of understanding for a 10% ownership share that would provide Avista access to a new transmission corridor....
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