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ALLETE (ALE) Payout Ratio

Annual Payout Ratio

62.93%
-14.14%-18.35%

December 31, 2023

Summary

Performance

1-Year Change

-18.35%

3-Year Change

-14.49%

5-Year Change

-4.72%

15-Year Change

-0.3%

ALE Payout Ratio Chart

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Highlights

Sector Rank

56.38%
ALE annual payout ratio is higher than 56.38% of companies in Utilities sector

High & Low

All-time High

275.94%
ALE annual payout ratio is currently -77.19% below its historical high of 275.94%

3-Year Low

62.93%
ALE annual payout ratio is currently at its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2023
ALE previous annual earnings announcement was published on Dec 31, 2023

Next Annual Earnings Report Date

Feb 20, 2025
ALE next annual earnings announcement is scheduled for Feb 20, 2025

OtherALEdividendmetrics:

Annual Dividend Per Share

$2.71
ALE annual dividend per share is $2.71

Annual Dividend Yield

4.13%
ALE annual dividend yield is 4.13%

Annual Dividends Paid

$155.50 M
ALE annual dividends paid is $155.50 million

Annual Net Income

$247.10 M
ALE annual net profit is $247.10 million

TTM Payout Ratio

90.38%
0.00%0.00%

13 min ago

Summary

Performance

3-Month Change

+0.98%

1-Year Change

+43.41%

3-Year Change

+15.84%

5-Year Change

+38.07%

ALE TTM Payout Ratio Chart

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Highlights

Sector Rank

86.96%
ALE TTM payout ratio is higher than 86.96% of companies in Utilities sector

High & Low

All-time High

2263.64%
ALE TTM payout ratio is currently -96.01% below its historical high of 2263.64%

3-Year Low

62.24%
ALE TTM payout ratio is currently +45.21% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

N/A
ALE has not yet announced its earnings

Next Quarterly Earnings Report Date

N/A
ALE next earnings announcement has not yet been scheduled

OtherALEdividendmetrics:

TTM Dividend Per Share

$2.82
ALE TTM dividend per share is $2.82

TTM Dividend Yield

4.30%
ALE TTM dividend yield is 4.30%

TTM Dividends Paid

$161.00 M
ALE TTM dividends paid is $161.00 million

TTM Net Income

$180.20 M
ALE TTM net profit is $180.20 million

Quarterly Payout Ratio

90.44%
-32.89%-26.67%

September 30, 2024

Summary

Performance

3-Month Change

-26.67%

1-Year Change

+19.42%

3-Year Change

+19.42%

5-Year Change

-6.88%

ALE Quarterly Payout Ratio Chart

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Highlights

Sector Rank

88.89%
ALE quarterly payout ratio is higher than 88.89% of companies in Utilities sector

High & Low

All-time High

187.02%
ALE quarterly payout ratio is currently -51.64% below its historical high of 187.02%

3-Year Low

45.29%
ALE quarterly payout ratio is currently +99.69% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Sep 30, 2024
ALE previous earnings announcement was published on Sep 30, 2024

Next Quarterly Earnings Report Date

Feb 20, 2025
ALE next earnings announcement is scheduled for Feb 20, 2025

OtherALEdividendmetrics:

Dividend Per Share

$0.70
ALE last dividend was $0.70 per share, with an ex-dividend date of November 15, 2024

TTM Dividend Yield

4.30%
ALE TTM dividend yield is 4.30%

Quarterly Dividends Paid

$40.70 M
ALE quarterly dividends paid is $40.70 million

Quarterly Net Income

$45.00 M
ALE quarterly net profit is $45.00 million

Payout Ratio Formula

Payout Ratio =  Dividends Paid
Net Income x 100%

Annual Payout Ratio

62.93%
ALE annual payout ratio is 62.93%

Annual Dividends Paid

$155.50 M
ALE annual dividends paid is $155.50 million

Annual Net Income

$247.10 M
ALE annual net profit is $247.10 million

ALE Payout Ratio Trends

PeriodPeriodAnnualAnnualTTMTTMQuarterlyQuarterly
1 y1 year-18.4%+43.4%+19.4%
3 y3 years-14.5%+15.8%+19.4%
5 y5 years-4.7%+38.1%-6.9%

ALE Payout Ratio Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowTTM vs highTTM vs highTTM vs lowTTM vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-year-19.3%at lowat high+45.2%-26.7%+99.7%
5 y5-year-19.3%at lowat high+45.2%-43.2%+99.7%
alltimeall time-77.2%+59.6%-96.0%+102.8%-51.6%+523.8%

ALLETE Payout Ratio History

DateAnnualTTMQuarterly
Feb 2025
-
90.38%(+1.0%)
-
Sep 2024
-
89.50%(+24.0%)
90.44%(-26.7%)
Jun 2024
-
72.19%(+9.7%)
123.33%(+54.0%)
Mar 2024
-
65.81%(+4.4%)
80.08%(+5.7%)
Dec 2023
62.93%(-18.3%)
63.02%(+1.3%)
75.73%(+67.2%)
Sep 2023
-
62.24%(-20.1%)
45.29%(-39.9%)
Jun 2023
-
77.86%(-5.8%)
75.34%(+13.0%)
Mar 2023
-
82.63%(+8.1%)
66.67%(-7.6%)
Dec 2022
77.07%(-1.1%)
76.47%(+9.1%)
72.15%(-34.5%)
Sep 2022
-
70.11%(-0.9%)
110.09%(+11.9%)
Jun 2022
-
70.72%(-3.1%)
98.40%(+89.1%)
Mar 2022
-
72.99%(-6.4%)
52.04%(-3.0%)
Dec 2021
77.96%(+5.9%)
78.02%(-8.2%)
53.63%(-55.1%)
Sep 2021
-
85.00%(+9.0%)
119.57%(+1.4%)
Jun 2021
-
77.97%(-3.9%)
117.92%(+86.2%)
Mar 2021
-
81.13%(+10.0%)
63.32%(-7.4%)
Dec 2020
73.59%(+12.5%)
73.73%(+3.0%)
68.37%(-13.3%)
Sep 2020
-
71.55%(-4.1%)
78.87%(-50.5%)
Jun 2020
-
74.61%(+9.7%)
159.20%(+230.9%)
Mar 2020
-
68.00%(+3.9%)
48.11%(-21.4%)
Dec 2019
65.41%(-1.0%)
65.46%(+7.7%)
61.17%(-37.0%)
Sep 2019
-
60.80%(+0.9%)
97.12%(+9.3%)
Jun 2019
-
60.24%(-0.1%)
88.89%(+106.8%)
Mar 2019
-
60.31%(-9.0%)
42.98%(-8.8%)
Dec 2018
66.05%(+4.6%)
66.27%(-10.2%)
47.14%(-49.7%)
Sep 2018
-
73.83%(+10.9%)
93.81%(+2.3%)
Jun 2018
-
66.57%(+4.5%)
91.69%(+62.9%)
Mar 2018
-
63.68%(+0.6%)
56.27%(-14.7%)
Dec 2017
63.12%(-4.6%)
63.31%(+3.1%)
65.94%(+8.1%)
Sep 2017
-
61.42%(-1.3%)
61.02%(-16.9%)
Jun 2017
-
62.24%(-5.8%)
73.44%(+33.8%)
Mar 2017
-
66.09%(-0.5%)
54.90%(-5.4%)
Dec 2016
66.13%(-4.7%)
66.45%(-16.0%)
58.01%(-9.4%)
Sep 2016
-
79.12%(+16.9%)
64.02%(-37.7%)
Jun 2016
-
67.66%(-0.6%)
102.82%(+83.6%)
Mar 2016
-
68.06%(-2.0%)
55.99%(-57.1%)
Dec 2015
69.38%(+3.3%)
69.42%(+13.2%)
130.60%(+222.0%)
Sep 2015
-
61.31%(-7.3%)
40.56%(-62.9%)
Jun 2015
-
66.11%(-1.3%)
109.33%(+75.2%)
Mar 2015
-
66.95%(-0.9%)
62.41%(-4.1%)
Dec 2014
67.15%(-6.5%)
67.59%(+3.9%)
65.05%(+30.7%)
Sep 2014
-
65.05%(-10.7%)
49.76%(-59.4%)
Jun 2014
-
72.83%(-1.1%)
122.62%(+94.7%)
Mar 2014
-
73.65%(+2.0%)
62.99%(+15.5%)
Dec 2013
71.82%(+0.9%)
72.24%(-1.8%)
54.55%(-27.7%)
Sep 2013
-
73.59%(+6.7%)
75.40%(-43.6%)
Jun 2013
-
68.97%(+2.1%)
133.57%(+122.6%)
Mar 2013
-
67.52%(-5.4%)
60.00%(+2.6%)
Dec 2012
71.16%
71.39%(-7.8%)
58.48%(+3.0%)
Sep 2012
-
77.47%(-8.1%)
56.80%(-54.0%)
DateAnnualTTMQuarterly
Jun 2012
-
84.34%(+5.3%)
123.61%(+70.4%)
Mar 2012
-
80.13%(+19.3%)
72.54%(-8.8%)
Dec 2011
66.20%(-18.0%)
67.17%(-5.4%)
79.58%(+5.3%)
Sep 2011
-
71.00%(-0.1%)
75.61%(-15.4%)
Jun 2011
-
71.08%(+3.9%)
89.41%(+105.3%)
Mar 2011
-
68.41%(-14.9%)
43.55%(-62.9%)
Dec 2010
80.74%(-12.8%)
80.37%(+8.2%)
117.29%(+59.6%)
Sep 2010
-
74.26%(-3.0%)
73.47%(-8.6%)
Jun 2010
-
76.52%(-12.2%)
80.41%(+21.7%)
Mar 2010
-
87.13%(-6.4%)
66.09%(-16.5%)
Dec 2009
92.62%(+51.6%)
93.12%(+12.3%)
79.14%(-12.7%)
Sep 2009
-
82.94%(+17.7%)
90.63%(-37.4%)
Jun 2009
-
70.45%(+3.8%)
144.68%(+79.8%)
Mar 2009
-
67.84%(+11.2%)
80.47%(+58.9%)
Dec 2008
61.09%(+20.8%)
60.99%(+0.8%)
50.64%(-3.0%)
Sep 2008
-
60.50%(-8.5%)
52.23%(-56.3%)
Jun 2008
-
66.14%(+18.3%)
119.63%(+120.6%)
Mar 2008
-
55.89%(+5.0%)
54.24%(+21.6%)
Dec 2007
50.57%(-12.0%)
53.25%(+4.3%)
44.59%(-39.2%)
Sep 2007
-
51.04%(+9.7%)
73.33%(+38.1%)
Jun 2007
-
46.54%(-7.1%)
53.10%(+35.6%)
Mar 2007
-
50.08%(-5.4%)
39.16%(-21.7%)
Dec 2006
57.46%(-79.2%)
52.94%(+1.5%)
50.00%(-3.5%)
Sep 2006
-
52.16%(-5.0%)
51.83%(-40.0%)
Jun 2006
-
54.89%(-78.2%)
86.36%(+64.0%)
Mar 2006
-
252.07%(-3.8%)
52.66%(-6.3%)
Dec 2005
275.94%(+261.5%)
262.11%(-88.3%)
56.19%(-4.0%)
Sep 2005
-
2236.36%(-169.8%)
58.55%(-374.4%)
Jun 2005
-
-3204.55%(-3891.0%)
-21.34%(-150.2%)
Mar 2005
-
84.53%(+9.1%)
42.53%(-50.9%)
Dec 2004
76.34%(+93.7%)
77.45%(-112.3%)
86.60%(-53.7%)
Sep 2004
-
-627.20%(-233.2%)
187.02%(+186.0%)
Jun 2004
-
471.03%(+41.7%)
65.40%(+28.8%)
Mar 2004
-
332.39%(+2.5%)
50.78%(+110.0%)
Dec 2003
39.42%(-39.4%)
324.43%(+437.1%)
24.18%(-50.8%)
Sep 2003
-
60.40%(-0.4%)
49.16%(-6.7%)
Jun 2003
-
60.65%(-2.6%)
52.70%(+5.2%)
Mar 2003
-
62.28%(-4.9%)
50.11%(-61.7%)
Dec 2002
65.01%(+10.2%)
65.48%(+5.9%)
130.94%(+162.5%)
Sep 2002
-
61.81%(-3.9%)
49.89%(-12.0%)
Jun 2002
-
64.30%(+6.7%)
56.70%(-5.0%)
Mar 2002
-
60.28%(+1.8%)
59.66%(-33.9%)
Dec 2001
58.98%(+16.2%)
59.20%(-2.5%)
90.20%(+63.9%)
Sep 2001
-
60.70%(+1.7%)
55.03%(+23.1%)
Jun 2001
-
59.68%(+19.5%)
44.71%(-22.6%)
Mar 2001
-
49.93%(-1.4%)
57.75%(-42.9%)
Dec 2000
50.74%(-54.0%)
50.64%(-5.3%)
101.05%(+91.2%)
Sep 2000
-
53.49%(0.0%)
52.86%(-10.0%)
Jun 2000
-
53.49%(-51.5%)
58.72%
Dec 1999
110.29%
110.30%
-

FAQ

  • What is ALLETE annual payout ratio?
  • What is the all time high annual payout ratio for ALLETE?
  • What is ALLETE annual payout ratio year-on-year change?
  • What is ALLETE TTM payout ratio?
  • What is the all time high TTM payout ratio for ALLETE?
  • What is ALE TTM payout ratio year-to-date change?
  • What is ALLETE TTM payout ratio year-on-year change?
  • What is ALLETE quarterly payout ratio?
  • What is the all time high quarterly payout ratio for ALLETE?
  • What is ALLETE quarterly payout ratio year-on-year change?

What is ALLETE annual payout ratio?

The current annual payout ratio of ALE is 62.93%

What is the all time high annual payout ratio for ALLETE?

ALLETE all-time high annual payout ratio is 275.94%

What is ALLETE annual payout ratio year-on-year change?

Over the past year, ALE annual payout ratio has changed by -14.14% (-18.35%)

What is ALLETE TTM payout ratio?

The current TTM payout ratio of ALE is 90.38%

What is the all time high TTM payout ratio for ALLETE?

ALLETE all-time high TTM payout ratio is 2263.64%

What is ALE TTM payout ratio year-to-date change?

ALLETE TTM payout ratio has changed by 0.00% (0.00%) since the beginning of the year

What is ALLETE TTM payout ratio year-on-year change?

Over the past year, ALE TTM payout ratio has changed by +27.36% (+43.41%)

What is ALLETE quarterly payout ratio?

The current quarterly payout ratio of ALE is 90.44%

What is the all time high quarterly payout ratio for ALLETE?

ALLETE all-time high quarterly payout ratio is 187.02%

What is ALLETE quarterly payout ratio year-on-year change?

Over the past year, ALE quarterly payout ratio has changed by +14.71% (+19.42%)