10 Top DividendRank Utility Stocks

By The Online Investor Staff, updated Thu., Aug. 6, 8:54 AM

This Slide: #1 of 10

#10. Allete Inc (NYSE:ALE) — 4.1% YIELD

Allete is an energy company. Co.'s Regulated Operations includes its regulated utilities, Minnesota Power and Superior Water, Light and Power Company, as well as its investment in American Transmission Company LLC, a regulated utility that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota and Illinois. ALLETE Clean Energy focuses on developing, acquiring, and operating clean and renewable energy projects. United States Water Services provides integrated water management for industry by combining chemical, equipment, engineering and service for customized solutions to reduce water and energy usage, and improve efficiency.

ALE SEC Filing Email Alerts Service

ALE — Key Stats (updated Tue., Aug. 4, 10:18 AM)

Company Name:
Allete Inc
Website:
www.allete.com
Sector:
Electric Utilities
Number of ETFs Holding ALE:
58
Total Market Value Held by ETFs:
$624.91M
Total Market Capitalization:
$3.07B
% of Market Cap. Held by ETFs:
20.35%

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ALE — Current Quote

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Avg. Broker Rec.

Hold (2.00 out of 4)
6th percentile

(ranked lower than approx. 94% of all stocks covered)
Based on Zacks ABR data;
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