ALLETE Board of Directors Declares Dividend on Common Stock
24 October 2008 - 11:30PM
Business Wire
ALLETE�s (NYSE: ALE) board of directors has declared a quarterly
dividend of 43 cents per share of common stock. On an annual basis
the dividend is equivalent to $1.72 per share, unchanged from the
previous quarter. The regular quarterly dividend on common stock is
payable December 1 to shareholders of record at the close of
business November 14, 2008. ALLETE�s corporate headquarters are
located in Duluth, Minnesota. More information about the company is
available on ALLETE�s Web site at www.allete.com. 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. Actual results may differ
materially from those projected in the 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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