Industry: Diversified Utilities
Allete- (ALE)-engages in the generation, transmission, distribution, and marketing of electrical power for retail and wholesale customers in the United States. As of December 31, 2007, this segment offered regulated utility electric service to approximately 141,000 retail customers; wholesale electric service to 16 municipalities; and served approximately 15,000 electric customers, 12,000 natural gas customers, and 10,000 water customers. The company's Real Estate segment acquires, develops, and sells real estate properties in Florida. Its development projects include Town Center at Palm Coast, Palm Coast Park, and Ormond Crossings. The company also invests in emerging technologies related to the electric utility industry. ALLETE serves various customers, including paper and pulp, and wood products industry; taconite industry; and pipeline industry. The company was founded in 1906 and is headquartered in Duluth, Minnesota.
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ALE Payout History (Paid and Declared)
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