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WEC Energy Group reports developments in its regulated electric and natural gas utility businesses across 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, while We Power owns electric generating plants and WEC Infrastructure owns renewable generation facilities.
Recurring news covers earnings, electric and natural gas deliveries, capital-plan execution, dividends, reliability performance, safety, utility regulatory matters and generation projects such as solar, natural gas and battery storage. Company updates also address board governance and stockholder actions tied to its annual meeting.
WEC Energy Group (NYSE: WEC) announced that Gale Klappa, 75, will retire from the board after the May annual meeting and will be named Chairman Emeritus. Klappa joined Wisconsin Energy in 2003, led the company through the 2015 Integrys acquisition, served as CEO and non-executive chairman at intervals, and presided over 23 consecutive years of dividend increases and sustained earnings growth. The board intends to appoint Scott Lauber, president and CEO since February 2022, as chairman following the annual meeting, subject to his election by shareholders.
Wisconsin Electric (NYSE: WEC) declared quarterly cash dividends on two series of preferred stock. The 3.60% Series preferred dividend is $0.90 per share, payable March 1, 2026 to holders of record on Feb. 13, 2026. The Six Per Cent preferred dividend is $1.50 per share, payable April 30, 2026 to holders of record on April 14, 2026. Wisconsin Electric Power Co., doing business as We Energies, is a subsidiary of WEC Energy Group and serves over 1.1 million electric and 490,000 natural gas customers in Wisconsin.
WEC Energy Group (NYSE: WEC) declared a quarterly cash dividend of $0.9525 per share, a 6.7% increase from $0.8925, raising the annual dividend to $3.81 per share. The dividend is payable March 1, 2026 to holders of record on Feb. 13, 2026. This marks the 334th consecutive quarter of dividend payments (since 1942) and the 23rd consecutive year of dividend increases. Management continues to target a dividend payout of 65–70% of earnings. WEC serves 4.7 million customers, reports ~32,000 stockholders of record, ~7,000 employees, and holds more than $49 billion of assets.
WEC Energy Group (NYSE: WEC) said its board plans to raise the quarterly dividend to 95.25 cents per share in Q1 2026, a 6.7% increase (an additional 6.0 cents). The dividend equals an annual rate of $3.81 per share, payable March 1, 2026 to holders of record on Feb. 13, 2026, and expected to be declared at the board meeting in January.
The company provided 2026 earnings guidance of $5.51–$5.61 per share and reiterated a long‑term EPS growth target of 7–8% compound annually and a dividend payout target of 65–70% of earnings. WEC serves 4.7 million customers and reports about $49 billion of assets.
We Energies (NYSE:WEC) was named recipient of the 2025 ReliabilityOne® Award for outstanding electric service reliability in the Upper Midwest, based on performance for calendar year 2024.
The award, presented by PA Consulting, reflects system reliability metrics (frequency and duration of outages) and a certification process that includes independent review of data collection and reporting policies. The company cited grid investments—line burying, system upgrades, high‑tech equipment, and vegetation management—as drivers of improved reliability and efficiency.
WEC Energy Group (NYSE: WEC) reported third-quarter 2025 net income of $271.3 million (diluted EPS $0.83) and nine-month net income of $1.24 billion (diluted EPS $3.85).
Consolidated operating revenues for the nine months were $7.263 billion, up $947.3 million year-over-year. Retail electricity deliveries (excludes an iron ore mine) rose 1.9% in Q3 2025 (weather-normal +1.8%). The company reaffirmed 2025 guidance of $5.17 to $5.27 per share and announced a quarterly dividend of $0.8925 per share.
WEC Energy Group (NYSE: WEC) will issue its 2025 third-quarter results before the market opens on Thursday, Oct. 30, 2025. Detailed financial information will be posted on the WEC Energy Group website by 6:30 a.m. Central time on Oct. 30.
A live conference call for investors and analysts is scheduled the same day at 1:00 p.m. Central time with webcast access at wecenergygroup.com under 'Webcasts' (select 'Q3 Earnings'). Conference ID: 3088105; live US dial-in: 888-330-2443; international: 240-789-2728. A replay will be available for two weeks (US replay: 800-770-2030; international replay: 647-362-9199).
WEC Energy Group serves 4.7 million customers across Wisconsin, Illinois, Michigan and Minnesota, has approximately 7,000 employees, about 32,000 stockholders of record, and reports more than $49 billion of assets.
WEC (NYSE: WEC) announced two quarterly cash dividends on preferred shares. The 3.60% Series preferred will pay $0.90 per share on Dec. 1, 2025 to holders of record on Nov. 14, 2025. The Six Per Cent preferred will pay $1.50 per share on Jan. 31, 2026 to holders of record on Jan. 14, 2026. Wisconsin Electric Power Co., doing business as We Energies, is a WEC subsidiary serving more than 1.1 million electric and over 490,000 natural gas customers in Wisconsin.
WEC Energy Group (NYSE: WEC) declared a quarterly cash dividend of $0.8925 per share (89.25 cents), payable Dec. 1, 2025 to shareholders of record on Nov. 14, 2025. This is the company's 333rd consecutive quarterly dividend payment, a streak dating back to 1942.
WEC serves 4.7 million customers across Wisconsin, Illinois, Michigan and Minnesota, reports about $49 billion of assets, ~7,000 employees and ~32,000 stockholders of record. The company operates multiple utilities and renewable-generation subsidiaries.
WEC Energy Group (NYSE: WEC) has released its 2024 Corporate Responsibility Report, highlighting the company's progress in delivering sustainable energy across the Midwest. The company announced a substantial $28 billion capital plan for new power generation and infrastructure improvements to serve its 4.7 million customers across Wisconsin, Illinois, Michigan, and Minnesota.
Key initiatives include the company's commitment to achieve net carbon neutral electric generation by 2050 and eliminate coal usage by 2032. The report details WEC's investments in renewable energy, modern natural gas generation, and research into emerging technologies such as hydrogen and long-duration energy storage. The company also provided $19 million in charitable grants and $2.5 million in low-income customer program donations.