WEC Energy Raises Quarterly Dividend

Dow Jones

Jan 17, 2025

By Katherine Hamilton

WEC Energy Group is initiating a quarterly dividend of 89 cents a share, a nearly 7% increase from its current quarterly dividend, the company said.

The new dividend is payable March 1 to stockholders of record on Feb. 14, the Milwaukee-based company said Thursday.

The new payout, equal to $3.57 a year, represents an annual yield of about 3.7% based on Wednesday's closing price of $95.57.

This will be the company's 22nd year of dividend increases, it said. Its previous dividend was just under 84 cents a share.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

January 16, 2025 15:14 ET (20:14 GMT)

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Its previous dividend was just under 84 cents a share. \n\n\n \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 16, 2025 15:14 ET (20:14 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}