WEC Energy Group declares quarterly dividend
Rhea-AI Summary
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.
Positive
- 332nd consecutive quarterly dividend payment since 1942, demonstrating strong dividend reliability
- Substantial asset base of over $48 billion
- Large customer base of 4.7 million across four states
- Diversified operations including utilities and renewable energy facilities
Negative
- None.
News Market Reaction
On the day this news was published, WEC gained 1.53%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The dividend is payable Sept. 1, 2025, to stockholders of record on Aug. 14, 2025. This marks the 332nd consecutive quarter — dating back to 1942 — that the company will have paid a dividend to its stockholders.
WEC Energy Group (NYSE: WEC), based in
The company's principal utilities are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources. Another major subsidiary, We Power, designs, builds and owns electric generating plants. In addition, WEC Infrastructure LLC owns a fleet of renewable generation facilities in states ranging from
WEC Energy Group (wecenergygroup.com) is a Fortune 500 company and a component of the S&P 500. The company has approximately 33,000 stockholders of record, 7,000 employees and more than
View original content:https://www.prnewswire.com/news-releases/wec-energy-group-declares-quarterly-dividend-302508299.html
SOURCE WEC Energy Group