Welcome to our dedicated page for WEC Energy news (Ticker: WEC), a resource for investors and traders seeking the latest updates and insights on WEC Energy stock.
WEC Energy Group (NYSE: WEC) is a leading provider of regulated electric and natural gas services across the Midwest, serving millions of residential and commercial customers through its extensive infrastructure network. This page aggregates official company announcements, financial disclosures, and operational updates to serve as a comprehensive resource for stakeholders.
Key Features: Track press releases on rate approvals, infrastructure investments, and sustainability initiatives alongside quarterly earnings reports and regulatory filings. Content is curated to highlight material developments affecting WEC's operations as a low-risk, regulated utility with a growing renewable energy portfolio.
Investor Relevance: Stay informed on capital expenditure plans, dividend declarations, and strategic acquisitions within WEC's service territories. Updates reflect the company's focus on grid modernization, emission reduction targets, and compliance with state-level energy policies.
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WEC Energy Group Inc. (NYSE: WEC) will announce its 2023 first-quarter earnings before the stock market opens on May 1. An investor conference call is scheduled for the same day at 1 p.m. Central time. Detailed financial information will be accessible on the company's website by 6:30 a.m. Central time. The company serves nearly 4.7 million customers across Wisconsin, Illinois, Michigan, and Minnesota, with principal utilities including We Energies and Wisconsin Public Service. WEC Energy Group, a Fortune 500 company, operates a fleet of renewable generation facilities and has over $42 billion in assets.
The Wisconsin Electric board of directors has declared a quarterly cash dividend of 90 cents per share on the 3.60% Series Preferred Stock, payable on June 1, 2023, to stockholders of record by May 12, 2023. Additionally, a quarterly cash dividend of $1.50 per share on the Six Per Cent Preferred Stock will be paid on July 31, 2023, to stockholders of record by July 14, 2023. Wisconsin Electric Power Co., operating as We Energies, serves over 1.1 million electric and 490,000 natural gas customers in Wisconsin. This consistent dividend payment reflects the company's strong financial health and commitment to returning value to shareholders.
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