Key Developments: ALLETE Inc (ALE.N)

ALE.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

ALLETE Inc Reaffirms FY 2013 EPS Guidance
8:30am EDT 

ALLETE Inc announced that its fiscal 2013 earnings guidance remains unchanged, in an expected range of between $2.58 and $2.78 per share (EPS). According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $2.75 for fiscal 2013.  Full Article

ALLETE Inc Declares Dividend on Common Stock
Monday, 29 Jul 2013 08:30am EDT 

ALLETE Inc announced that Board of Directors has declared a quarterly dividend of 47.5 cents per share of common stock. The regular quarterly dividend is payable September 1 to common stock shareholders of record at the close of business August 15, 2013.  Full Article

ALLETE Inc Reaffirms FY 2013 EPS Guidance
Wednesday, 8 May 2013 08:30am EDT 

ALLETE Inc reaffirmed its fiscal 2013 earnings guidance of between $2.58 and $2.78 per share. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $2.75 for fiscal 2013.  Full Article

ALLETE Inc Declares Dividend On Common Stock
Wednesday, 1 May 2013 08:30am EDT 

ALLETE Inc announced that the board of directors has declared a quarterly dividend of 47.5 cents per share of common stock. On an annual basis the dividend is equivalent to $1.90 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, 2013.  Full Article

ALLETE Inc Issues FY 2013 EPS Guidance In Line With Analysts' Estimates-Conference Call
Friday, 15 Feb 2013 10:00am EST 

ALLETE Inc announced that for fiscal 2013, it expects earnings per share to be in a range between $2.58 and $2.78. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $2.74 for fiscal 2013.  Full Article

ALLETE Inc Announces Quarterly Common Stock Dividend
Wednesday, 23 Jan 2013 08:30am EST 

ALLETE Inc announced that the Board of Directors has increased the quarterly dividend on the Company's common stock to 47.5 cents per share. The 3.3% increase results in the equivalent of a $1.90 per share annualized dividend. ALLETE's regular quarterly dividend is payable March 1 to common shareholders of record at the close of business February 15, 2013.  Full Article

ALLETE Inc Narrows FY 2012 EPS Guidance To A Range In Line With Analysts' Estimates-Conference Call
Wednesday, 31 Oct 2012 10:00am EDT 

ALLETE Inc announced that given its year to date results and the fact that the Company's industrial customers have demand nominations at full capacity through the end of the year, the Company has narrowed its fiscal 2012 earnings per share (EPS) guidance to $2.50 to $2.60 per share. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $2.56 for fiscal 2012.  Full Article

ALLETE Inc Declares Dividend On Common Stock
Monday, 29 Oct 2012 08:30am EDT 

ALLETE Inc announced that the Board of Directors has declared a quarterly dividend of 46 cents per share of common stock. The regular quarterly dividend is payable December 1 to common stock shareholders of record at the close of business November 15, 2012.  Full Article

ALLETE Inc Reaffirms FY 2012 EPS Guidance-Conference Call
Thursday, 2 Aug 2012 02:00am EDT 

ALLETE Inc announced that for fiscal 2012, its earnings guidance remains unchanged at between $2.45 and $2.65 per share (EPS). According to I/B/E/S estimates, analysts were expecting the Company to report EPS of $2.55 for fiscal 2012.  Full Article

ALLETE Inc Declares Dividend On Common Stock
Thursday, 26 Jul 2012 08:30am EDT 

ALLETE Inc announced that it has declared a quarterly dividend of $0.46 per share of common stock. On an annual basis the dividend is equivalent to $1.84 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, 2012.  Full Article

Allete to add 200 MW to North Dakota wind power farm

Aug 1 - Allete Inc's Minnesota Power unit plans to start expanding its Bison wind farm in North Dakota by 200 megawatts later this year, enabling the company to meet Minnesota's renewable energy requirements about 10 years early.

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