Robert Allan Schwartz's dividend growth company information web site

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Dividend bumpiness by year
Dividend compound annual growth rates by year
Which companies pay dividends in which month?
Which companies pay dividends at which frequency?
Which companies have paid dividends for how many years?
Which companies have increased their dividends by at least X% per year over the most recent Y years?
Which dividend compound annual growth rates have which bumpiness?
Which companies have which dividend bumpiness?
Which sectors and industries have which dividend bumpiness?
Which companies have slowing dividend growth?

Company: ALLETE INC (ALE)

This page shows only data up to the final business day of 2018.

Additional financial information for this company can be found at:
Total number of dividends paid: 156.

Dividend payment frequency:

FrequencyNumber of dividends
Annually0
Semi-annually0
Quarterly156
Monthly0
Irregularly0
'none'0

Current frequency is quarterly.

Dividend payment timing:

MonthNumber of dividends
January0
February1
March38
April0
May1
June38
July0
August0
September39
October0
November0
December39

Cancellations/Discontinuations/Omissions:

StatusNumber
Cancelled0
Discontinued0
Omitted0

Dividends per share by year:

The number in parentheses is the number of non-special dividends declared/paid during that period.

How do I determine the "bumpiness" of a company?
Mathematically, I use the standard deviation around the arithmetic mean of the dividend raise percentages.
I have devised a "bumpiness metric" which will tell at a glance how smooth or bumpy a company's dividend history has been.
For you math geeks, the bumpiness is the standard deviation rounded to the nearest integer.
The result is a whole number that tells you whether a company's dividend history has been smooth or teeth-rattling.

YearDividends paidIncrease from previous yearCompound annual growth rate to 2018 fromBumpiness to 2018 fromMean to 2018 fromStandard deviation to 2018 from
1980$ 1.53000 (4) 1.008% 111.865%10.684
1981$ 1.59000 (4) 3.922% 0.931% 111.809%10.822
1982$ 1.71000 (4) 7.547% 0.753% 111.650%10.928
1983$ 1.80000 (4) 5.263% 0.627% 111.547%11.066
1984$ 1.92000 (4) 6.667% 0.454% 111.396%11.192
1985$ 2.07000 (4) 7.812% 0.239% 111.202%11.303
1986$ 2.28000 (4) 10.145% -0.055% 110.922%11.366
1987$ 2.49000 (4) 9.211% -0.342% 110.655%11.448
1988$ 2.58000 (4) 3.614% -0.472% 120.556%11.624
1989$ 2.67000 (4) 3.488% -0.607% 120.455%11.810
1990$ 2.79000 (4) 4.494% -0.787% 120.311%11.994
1991$ 2.85000 (4) 2.151% -0.896% 120.242%12.209
1992$ 2.91000 (4) 2.105% -1.012% 120.171%12.436
1993$ 2.97000 (4) 2.062% -1.135% 130.095%12.676
1994$ 3.03000 (4) 2.020% -1.267% 130.015%12.931
1995$ 3.06000 (4) 0.990% -1.365% 13-0.027%13.208
1996$ 3.06000 (4)NO CHANGE -1.428% 14-0.029%13.505
1997$ 3.06000 (4)NO CHANGE -1.497% 14-0.030%13.822
1998$ 3.06000 (4)NO CHANGE -1.572% 14-0.032%14.164
1999$ 3.21000 (4) 4.902% -1.912% 14-0.291%14.485
2000$ 3.21000 (4)NO CHANGE -2.019% 15-0.307%14.882
2001$ 3.21000 (4)NO CHANGE -2.139% 15-0.325%15.313
2002$ 3.30000 (4) 2.804% -2.451% 16-0.521%15.764
2003$ 3.39000 (4) 2.727% -2.801% 16-0.738%16.258
2004$ 2.84250 (4) -16.150% -1.716% 160.363%16.279
2005$ 1.24500 (4) -56.201% 4.622% 54.714%4.512
2006$ 1.45000 (4) 16.466% 3.691% 33.735%3.097
2007$ 1.64000 (4) 13.103% 2.875% 12.884%1.326
2008$ 1.72000 (4) 4.878% 2.677% 12.684%1.224
2009$ 1.76000 (4) 2.326% 2.716% 12.724%1.284
2010$ 1.76000 (4)NO CHANGE 3.060% 13.064%0.900
2011$ 1.78000 (4) 1.136% 3.338% 13.340%0.566
2012$ 1.84000 (4) 3.371% 3.333% 13.335%0.611
2013$ 1.90000 (4) 3.261% 3.347% 13.349%0.668
2014$ 1.96000 (4) 3.158% 3.395% 13.397%0.739
2015$ 2.02000 (4) 3.061% 3.506% 13.509%0.824
2016$ 2.08000 (4) 2.970% 3.775% 13.779%0.894
2017$ 2.14000 (4) 2.885% 4.673% 04.673%0.000
2018$ 2.24000 (4) 4.673%

What price should you pay today if you wanted last year's dividends ($ 2.24000) to represent a yield of X%?

YieldPrice
0.5%$448.00
1.0%$224.00
1.5%$149.33
2.0%$112.00
2.5%$ 89.60
3.0%$ 74.67
3.5%$ 64.00
4.0%$ 56.00
4.5%$ 49.78
5.0%$ 44.80
5.5%$ 40.73
6.0%$ 37.33
6.5%$ 34.46
7.0%$ 32.00
7.5%$ 29.87
8.0%$ 28.00
8.5%$ 26.35
9.0%$ 24.89
9.5%$ 23.58
10.0%$ 22.40

Copyright @ 2019 by Robert Allan Schwartz. Reproduction prohibited. All rights reserved.

All data up to 12/31/2015 are from Bloomberg.
All date after 1/1/2016 are from The Wall Street Journal and http://www.dividendinvestor.com.

All information provided "as is" for informational purposes only, not intended for trading purposes or advice.
Neither Robert Allan Schwartz nor Tessellation.com is liable for any informational errors, or incompleteness, or for any actions taken in reliance on information contained herein. By accessing this site, you agree not to redistribute the information found therein.