ALLETE (FRA:AEBA) Dividend Payout Ratio: 1.66 (As of Sep. 2025) — 131% Above Median


FRA:AEBA ALLETE Inc FRA:AEBA
26 GF Score
Price €57.50
GF Value €51.55
! 11 Warning Signs
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What is ALLETE Dividend Payout Ratio?

ALLETE FRA:AEBA 26 Dividend Payout Ratio is 1.66 as of Sep. 2025, which is 131% above its 10-year median of 0.72. GuruFocus rates FRA:AEBA with a GF Score™ of 26/100 and a GF Value™ of €51.55. The stock has 11 warning signs investors should review.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. ALLETE's Dividend Payout Ratio for the months ended in Sep. 2025 was 1.66.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of ALLETE Inc is 1.04, which seems too high.

The historical rank and industry rank for ALLETE's Dividend Payout Ratio or its related term are showing as below:

FRA:AEBA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.72   Max: 1.03
Current: 1.03

During the past 13 years, the highest Dividend Payout Ratio of ALLETE was 1.03. The lowest was 0.57. And the median was 0.72.

FRA:AEBA's Dividend Payout Ratio is not ranked
in the Utilities - Regulated industry.
Industry Median: 0.54 vs FRA:AEBA: 1.03

As of today (2026-06-29), the Dividend Yield % of ALLETE is 4.87%.

During the past 13 years, the highest Trailing Annual Dividend Yield of ALLETE was 5.33%. The lowest was 2.62%. And the median was 3.94%.

ALLETE's Dividends per Share for the months ended in Sep. 2025 was €0.62.

During the past 12 months, ALLETE's average Dividends Per Share Growth Rate was 3.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of ALLETE was 11.40% per year. The lowest was -27.70% per year. And the median was 2.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

ALLETE (FRA:AEBA) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

ALLETE Dividend Payout Ratio Related Terms

ALLETE Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for ALLETE's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ALLETE Dividend Payout Ratio Chart

ALLETE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.79 0.78 0.64 0.94

ALLETE Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.93 0.83 0.77 1.37 1.66

FRA:AEBA vs SRE, AES: Dividend Payout Ratio Comparison

For the Utilities - Diversified subindustry, ALLETE's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ALLETE Dividend Payout Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, ALLETE's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where ALLETE's Dividend Payout Ratio falls into.


FRA:AEBA
26GF Score
ALLETE Inc FRA:AEBA
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ALLETE Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

ALLETE's Dividend Payout Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2024 )/ EPS without NRI (A: Dec. 2024 )
=2.693/ 2.879
=0.94

ALLETE's Dividend Payout Ratio for the quarter that ended in Sep. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2025 )/ EPS without NRI (Q: Sep. 2025 )
=0.622/ 0.375
=1.66

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 1.66 mean?
ALLETE (FRA:AEBA) has a Dividend Payout Ratio of 1.66 as of Sep. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on ALLETE and its competitors. This is 131% above median its historical median of 0.72. Over the past decade, ALLETE's Dividend Payout Ratio has ranged from 0.57 to 1.03.
Is ALLETE's Dividend Payout Ratio too high?
ALLETE's current Dividend Payout Ratio of 1.66 is 131% above median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.03. The Utilities - Regulated industry median Dividend Payout Ratio is 0.54. ALLETE's value of 1.66 is 207.4% above this industry median. Overall, ALLETE has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does ALLETE's Dividend Payout Ratio compare to SRE and AES?
ALLETE's Dividend Payout Ratio of 1.66 can be compared against companies in the Utilities - Regulated industry. The industry median Dividend Payout Ratio is 0.54. ALLETE's value of 1.66 is 207.4% above this benchmark. Historically, ALLETE's own Dividend Payout Ratio has ranged from 0.57 to 1.03 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 0.54, ALLETE has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Utilities - Regulated company?
The median Dividend Payout Ratio among Utilities - Regulated companies is 0.54, based on 374 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ALLETE's current Dividend Payout Ratio of 1.66 is 207.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on ALLETE and its competitors. For the Utilities - Regulated industry, the median Dividend Payout Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ALLETE's current Dividend Payout Ratio is 1.66, which is 131% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALLETE stock overvalued right now?
ALLETE (FRA:AEBA) has a current Dividend Payout Ratio of 1.66. The stock's GF Value™ is €51.55, compared to a current price of €57.50 — trading 11.5% above its estimated fair value. The current Dividend Payout Ratio is 1.66, which is 131% above median its 10-year median of 0.72 and 207.4% above the Utilities - Regulated industry median of 0.54. ALLETE's overall GF Score™ is 26/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For ALLETE (FRA:AEBA), the current Dividend Payout Ratio is 1.66 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ALLETE (FRA:AEBA) Overvalued in 2026?

Based on GuruFocus' analysis, ALLETE stock appears to be overvalued. The current stock price of €57.50 is trading 11.5% above its estimated GF Value™ of €51.55.

Key valuation signals for FRA:AEBA:

  • Dividend Payout Ratio: 1.66 (131% above median its 10-year median of 0.72)
  • GF Value™: €51.55 vs. price of €57.50 (11.5% above fair value)
  • GF Score™: 26/100 with 11 warning signs
  • Industry Position: 207.4% above the Utilities - Regulated median

No single metric tells the full story. See the FRA:AEBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ALLETE Business Description

Address 30 West Superior Street, Duluth, MN, USA, 55802-2093
ALLETE Inc provides competitively-priced energy in America's Upper Midwest region and invests in transmission infrastructure and other energy-centric businesses. The company has two reportable segments. The first segment is Regulated Operations, which includes the company's regulated utilities, Minnesota Power and SWL&P, as well as its investment in ATC. ATC is a regulated utility based in Wisconsin that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota, and Illinois. The second segment is ALLETE Clean Energy, which focuses on developing, acquiring, and operating clean and renewable energy projects.
26GF Score

Get the complete analysis for FRA:AEBA

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€57.50
Price
€51.55
GF Value