WEC Energy Group declares quarterly dividend

Rhea-AI Summary

WEC Energy Group (NYSE: WEC) has announced its quarterly cash dividend of 89.25 cents per share on common stock, payable June 1, 2025, to stockholders of record on May 14, 2025. This marks the company's 331st consecutive quarterly dividend payment, maintaining an unbroken streak dating back to 1942.

WEC Energy Group serves 4.7 million customers across Wisconsin, Illinois, Michigan and Minnesota through its principal utilities including We Energies, Wisconsin Public Service, and others. The company maintains $48 billion in assets, employs 7,000 people, and has 33,000 stockholders of record. As a Fortune 500 and S&P 500 component, WEC operates renewable generation facilities across multiple states through WEC Infrastructure

Positive

• 331 consecutive quarters of dividend payments demonstrates strong financial stability
• Large customer base of 4.7 million across four states
• Substantial asset base of over $48 billion
• Diversified operations across multiple utilities and renewable energy
• S&P 500 and Fortune 500 company status indicates market strength

Negative

• None.

MILWAUKEE, April 17, 2025 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 89.25 cents per share on the company's common stock.

The dividend is payable June 1, 2025, to stockholders of record on May 14, 2025. This marks the 331^st consecutive quarter — dating back to 1942 — that the company will have paid a dividend to its stockholders.

WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving 4.7 million customers in Wisconsin, Illinois, Michigan and Minnesota.

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 South Dakota to Texas.

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 $48 billion of assets.

View original content:https://www.prnewswire.com/news-releases/wec-energy-group-declares-quarterly-dividend-302431939.html

SOURCE WEC Energy Group

FAQ

What is WEC Energy Group's latest quarterly dividend amount for 2025?

WEC Energy Group declared a quarterly dividend of 89.25 cents per share, payable on June 1, 2025.

How long has WEC Energy Group maintained consecutive dividend payments?

WEC Energy Group has maintained 331 consecutive quarterly dividend payments dating back to 1942.

What is the record date for WEC's June 2025 dividend payment?

The record date for WEC's June 2025 dividend payment is May 14, 2025.

How many customers does WEC Energy Group serve in 2025?

WEC Energy Group serves 4.7 million customers across Wisconsin, Illinois, Michigan and Minnesota.

What is the total asset value of WEC Energy Group?

WEC Energy Group has more than $48 billion of assets.