WEC Energy (WEC) Stock News

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.

WEC Energy Group (NYSE: WEC) reported strong second-quarter 2025 results, with net income rising to $245.4 million ($0.76 per share), up from $211.3 million ($0.67 per share) in Q2 2024. The company's consolidated revenues reached $5.2 billion, increasing by $706.8 million from H1 2024.

Key operational highlights include a 1.0% increase in retail electricity deliveries (excluding the Michigan iron ore mine), with residential electricity use up 1.6%. The company reaffirmed its 2025 earnings guidance of $5.17 to $5.27 per share, assuming normal weather conditions for the remainder of the year.

WEC Energy Group serves 4.7 million customers across Wisconsin, Illinois, Michigan, and Minnesota, with over $48 billion in assets and approximately 7,000 employees.

WEC Energy Group (NYSE: WEC) has scheduled its 2025 second-quarter earnings release for July 30, before market open. The company will host a conference call for investors and analysts at 1 p.m. Central time on the same day. Detailed financial information will be available on the company's website at 6:30 a.m. Central time.

WEC Energy Group serves 4.7 million customers across Wisconsin, Illinois, Michigan and Minnesota through its principal utilities. The Fortune 500 company manages $48 billion in assets and employs 7,000 people, with its renewable generation facilities spanning from South Dakota to Texas.

Wisconsin Electric Power Co., a subsidiary of WEC Energy Group (NYSE: WEC), has declared quarterly dividend payments for two classes of preferred stock. The company will pay 90 cents per share on its Preferred Stock, 3.60% Series, payable September 1, 2025, to stockholders of record on August 14, 2025.

Additionally, a quarterly cash dividend of $1.50 per share was declared on the Six Per Cent Preferred Stock, payable October 31, 2025, to stockholders of record on October 14, 2025. We Energies, as the company is known commercially, serves over 1.1 million electric customers and 490,000 natural gas customers in Wisconsin.

WEC Energy Group (NYSE: WEC) has declared a quarterly cash dividend of 89.25 cents per share on its common stock. The dividend will be paid on September 1, 2025, to stockholders of record as of August 14, 2025.

This payment represents the company's 332nd consecutive quarterly dividend since 1942, highlighting WEC's long-standing commitment to shareholder returns. WEC Energy Group serves 4.7 million customers across four states and manages over $48 billion in assets.

We Energies (NYSE: WEC) has announced an extension to the operating lives of units 7 and 8 at the Oak Creek Power Plant through the end of 2026, postponing their previously scheduled retirement from end of 2025. The decision is driven by tightened energy supply requirements in the Midwest power market and the need to maintain reliable service during peak demand periods.

The units, built in the 1960s, have a total capacity of 610 megawatts (MW) and feature modern environmental controls. We Energies is simultaneously advancing plans for over 6,300 MW of new generation capacity, including natural gas, wind, solar, and battery storage projects over the next five years. The company serves more than 1.1 million electric and natural gas customers in Wisconsin.

WEC Energy Group announced the pricing of $775 million convertible senior notes due 2028, upsized from the previously announced $700 million. The notes will carry a 3.375% annual interest rate, paid semiannually, and will mature on June 1, 2028. The initial conversion rate is 7.7901 shares per $1,000 principal amount, equivalent to a conversion price of $128.37 per share, representing a 22.5% premium above the last reported stock price. The company granted initial purchasers an option to purchase an additional $125 million in notes. The notes will be convertible into cash, WEC common stock, or a combination thereof at WEC's election. The offering is expected to close on June 10, 2025, with proceeds intended for general corporate purposes, including short-term debt repayment.

WEC Energy Group (NYSE: WEC) has announced plans to offer $700 million in convertible senior notes due 2028 through a private offering to qualified institutional buyers. The initial purchasers will have an option to buy an additional $105 million in notes within 13 days. The notes will be senior, unsecured obligations with semiannual interest payments, maturing on June 1, 2028. Conversion rights will be limited before March 1, 2028, becoming freely convertible thereafter. Upon conversion, WEC will pay cash up to the principal amount and may choose to settle the remainder in cash, common stock, or a combination. The proceeds will be used for general corporate purposes, including short-term debt repayment. WEC Energy Group serves 4.7 million customers across Wisconsin, Illinois, Michigan, and Minnesota through its utilities portfolio.