ALLETE Board of Directors Declares Dividend on Common Stock
DULUTH, Minn. -- July 31, 2014
ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend
of 49 cents per share of common stock.
On an annual basis the dividend is equivalent to $1.96 per share, unchanged
from the previous quarter.
The regular quarterly dividend is payable September 1 to common stock
shareholders of record at the close of business August 15, 2014.
ALLETE, Inc. is an energy company headquartered in Duluth, Minnesota. ALLETE’s
energy businesses include Minnesota Power, Superior Water, Light & Power Co.,
BNI Coal, and ALLETE Clean Energy. More information about the company is
available at www.allete.com.
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-looking statements involve risks and
uncertainties and investors are directed to the risks discussed in documents
filed by ALLETE with the Securities and Exchange Commission.
Tim Thorp, 218-723-3953
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