Wisconsin Electric declares quarterly dividends

The Wisconsin Electric board of directors has declared a quarterly cash dividend of 90 cents per share on its 3.60% Series Preferred Stock, payable on June 1, 2022, to stockholders of record on May 13, 2022.

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Rhea-AI Sentiment

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Rhea-AI Summary

The Wisconsin Electric board of directors has declared a quarterly cash dividend of 90 cents per share on its 3.60% Series Preferred Stock, payable on June 1, 2022, to stockholders of record on May 13, 2022. Additionally, a cash dividend of $1.50 per share on the Six Per Cent Preferred Stock is set for payment on July 31, 2022, to stockholders of record on July 14, 2022. This reflects Wisconsin Electric's ongoing commitment to rewarding its shareholders.

Positive

Declared a $0.90 quarterly dividend for 3.60% Series Preferred Stock.
Declared a $1.50 quarterly dividend for Six Per Cent Preferred Stock.
Demonstrates ongoing commitment to shareholder returns.

Negative

None.

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04/21/2022 - 03:30 PM EDT

MILWAUKEE, April 21, 2022 /PRNewswire/ -- The Wisconsin Electric board of directors today declared a quarterly cash dividend of 90 cents per share on the company's Preferred Stock, 3.60% Series, payable June 1, 2022, to stockholders of record on May 13, 2022. The board also declared a quarterly cash dividend of $1.50 per share on the company's Six Per Cent Preferred Stock, payable July 31, 2022, to stockholders of record on July 14, 2022.

Wisconsin Electric Power Co., doing business as We Energies, is a subsidiary of WEC Energy Group (NYSE: WEC). The company serves more than 1.1 million electric customers and more than 490,000 natural gas customers in Wisconsin. Visit the We Energies website at we-energies.com.

View original content:https://www.prnewswire.com/news-releases/wisconsin-electric-declares-quarterly-dividends-301530522.html

SOURCE Wisconsin Electric Power Co.

FAQ

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What is the upcoming dividend payment date for WEC stock?

The upcoming dividend payment date for WEC stock is June 1, 2022.

What is the dividend amount for the 3.60% Series Preferred Stock?

The dividend amount for the 3.60% Series Preferred Stock is 90 cents per share.

When is the record date for the dividends declared by Wisconsin Electric?

The record date for the dividends is May 13, 2022, for the 3.60% Series and July 14, 2022, for the Six Per Cent Preferred Stock.

How often does Wisconsin Electric declare dividends?

Wisconsin Electric typically declares dividends quarterly.

Wisconsin Electric declares quarterly dividends