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WEC Energy Group Announces Quarterly Dividends with 90 cents/Share for 3.60% Series and $1.50/Share for Six Per Cent Preferred Stock
ByAinvest
Thursday, Jul 17, 2025 8:16 pm ET1min read
WEC Energy Group Inc declared quarterly dividends of $0.90/share for the 3.60% Series and $1.50/share for the Six Per Cent Preferred Stock, payable on September 1, 2025, and October 31, 2025, respectively. The company's subsidiary, We Energies, serves over 1.1 million electric customers and more than 490,000 natural gas customers in Wisconsin, indicating a strong market presence.
WEC Energy Group Inc. (NYSE: WEC) has announced the declaration of quarterly dividends for its preferred stock. The company's subsidiary, Wisconsin Electric Power Co. (doing business as We Energies), has declared dividends of $0.90 per share for the 3.60% Series and $1.50 per share for the Six Per Cent Preferred Stock. These dividends will be paid on September 1, 2025, and October 31, 2025, respectively, to stockholders of record as of August 14, 2025, and October 14, 2025 [4].WEC Energy Group, a Fortune 500 company and a component of the S&P 500, serves 4.7 million customers across four states, including Wisconsin, Illinois, Michigan, and Minnesota. The company's principal utilities include We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources, and Upper Michigan Energy Resources. Additionally, the company owns and operates renewable generation facilities in various states [2].
The dividends highlight WEC Energy Group's commitment to shareholder returns, with the company having paid a quarterly dividend for 332 consecutive quarters since 1942 [1][2]. The strong market presence of We Energies, with over 1.1 million electric customers and more than 490,000 natural gas customers in Wisconsin, underscores the company's significant role in the energy sector.
References:
[1] https://www.stocktitan.net/news/WEC/wec-energy-group-declares-quarterly-56h20lfqlrcu.html
[2] https://www.morningstar.com/news/pr-newswire/20250717cg32907/wec-energy-group-declares-quarterly-dividend
[4] https://www.marketscreener.com/news/wisconsin-electric-declares-quarterly-dividends-ce7c5cd9d080f221
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