Wednesday, May 1, 8:52 AMALLETE (ALE) declares $0.475/share quarterly dividend, in line with previous. Forward yield 3.90%. For shareholders of record May 15. Payable June 01. Ex-div date May 13. (PR)
Wednesday, January 23, 8:39 AMALLETE Inc (ALE) declares $0.475/share quarterly dividend, 3.3% increase from prior dividend of $0.46. Forward yield 4.31%. For shareholders of record Feb. 16. Payable Mar. 01. Ex-div date Feb. 13. (PR)
Wednesday, October 31, 2012, 8:50 AMAllete (ALE): Q3 EPS of $0.76 beats by $0.03. Revenue of $248.8M (+10% Y/Y) in-line. (PR)
Monday, October 29, 2012, 8:49 AMAllete (ALE) declares $0.46/share quarterly dividend, in line with previous. Forward yield 4.45%. For shareholders of record Nov 15. Payable Dec 01. Ex-div date Nov 13. (PR)
Thursday, August 2, 2012, 7:27 PMAllete (ALE): Q2 EPS of $0.39 in-line. Revenue of $216.4M (-1.5% Y/Y) misses by $11.7M. (PR)
Wednesday, May 2, 2012, 8:39 AMAllete (ALE): Q1 EPS of $0.66 misses by $0.14. Revenue of $240M (flat Y/Y) misses by $9M. (PR)
Friday, March 2, 2012, 2:15 PM
Baird calls Allete (ALE -0.4%) a top idea, saying it should continue to provide attractive returns. The firm cites the company's infrastructure investment opportunities, continued strong demand from industrial customers, and solid dividend returns. Baird rates the shares Outperform with a $47 price target.
Wednesday, February 15, 2012, 8:37 AMAllete (ALE): Q4 EPS of $0.53 misses by $0.04. Revenue of $239.2M (+0.50% Y/Y) misses by $4.1M. (PR)
Friday, January 13, 2012, 4:54 PM
Shares of power companies should be attractive this year as the industry invests in new power plants and other infrastructure projects to meet new environmental standards, Baird says, citing NorthWestern (NWE) and Allete (ALE) as most likely to lead the sector in profitability in coming years. Baird cut ratings for LNT, WEC, HE and UIL.
Friday, October 29, 2010, 8:43 AMAllete (ALE): Q3 EPS of $0.56 beats by $0.18. Revenue of $224M (+25%) vs. $227M. (PR)