Wisconsin Electric declares quarterly dividends

Rhea-AI Summary

Wisconsin Electric, a subsidiary of WEC Energy Group (NYSE: WEC), has announced its quarterly dividend declarations. The company will pay $0.90 per share on its Preferred Stock, 3.60% Series, payable June 1, 2025, to stockholders of record on May 14, 2025. Additionally, a quarterly cash dividend of $1.50 per share was declared on the Six Per Cent Preferred Stock, payable July 31, 2025, to stockholders of record on July 14, 2025.

The company, operating as We Energies, serves over 1.1 million electric customers and 490,000 natural gas customers in Wisconsin.

Positive

• Consistent quarterly dividend payments maintained for preferred stockholders
• Large customer base with over 1.1 million electric and 490,000 gas customers

Negative

• None.

News Market Reaction – WEC

-1.32%

-1.32% Session move

In the trading session that priced this news, WEC declined 1.32%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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MILWAUKEE, April 17, 2025 /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, 2025, to stockholders of record on May 14, 2025. 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, 2025, to stockholders of record on July 14, 2025.

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. Go to the We Energies website at we-energies.com.

View original content:https://www.prnewswire.com/news-releases/wisconsin-electric-declares-quarterly-dividends-302431937.html

SOURCE Wisconsin Electric Power Co.

FAQ

What are the dividend payment dates for Wisconsin Electric's preferred stocks in 2025?

The 3.60% Series Preferred Stock dividend is payable June 1, 2025, while the Six Per Cent Preferred Stock dividend is payable July 31, 2025.

How much is Wisconsin Electric's quarterly dividend for each preferred stock series?

The quarterly dividend is $0.90 per share for the 3.60% Series Preferred Stock and $1.50 per share for the Six Per Cent Preferred Stock.

What is the record date for WEC's preferred stock dividends?

The record date is May 14, 2025, for the 3.60% Series and July 14, 2025, for the Six Per Cent Preferred Stock.

How many customers does Wisconsin Electric (We Energies) serve?

We Energies serves more than 1.1 million electric customers and over 490,000 natural gas customers in Wisconsin.