ALLETE Board of Directors Declares Dividend on Common Stock
January 21 2010 - 9:00AM
Business Wire
The ALLETE, Inc. (NYSE: ALE) Board of Directors has declared a
quarterly dividend of 44 cents per share of common stock.
On an annual basis the dividend is equivalent to $1.76 per
share, unchanged from the previous quarter.
The regular quarterly dividend is payable March 1 to common
stock shareholders of record at the close of business February 15,
2010.
Based in Duluth, Minn., ALLETE provides regulated energy
services in Minnesota and Wisconsin, owns BNI Coal of North Dakota
and maintains investments in the American Transmission Company and
Florida real estate.
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.
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