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Wisconsin Electric declares quarterly dividends

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Wisconsin Electric declares quarterly dividends
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  • The board of directors declared a quarterly cash dividend of 90 cents per share on the company's Preferred Stock, 3.60% Series, payable Dec. 1, 2023.
  • The board also declared a quarterly cash dividend of $1.50 per share on the company's Six Per Cent Preferred Stock, payable Jan. 31, 2024.
  • Wisconsin Electric Power Co. serves more than 1.1 million electric customers and more than 490,000 natural gas customers in Wisconsin.
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MILWAUKEE, Oct. 19, 2023 /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 Dec. 1, 2023, to stockholders of record on Nov. 14, 2023. The board also declared a quarterly cash dividend of $1.50 per share on the company's Six Per Cent Preferred Stock, payable Jan. 31, 2024, to stockholders of record on Jan. 12, 2024.

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

Cision View original content:https://www.prnewswire.com/news-releases/wisconsin-electric-declares-quarterly-dividends-301962477.html

SOURCE Wisconsin Electric Power Co.

FAQ

What is the quarterly cash dividend declared by Wisconsin Electric on their Preferred Stock, 3.60% Series?

The quarterly cash dividend declared by Wisconsin Electric on their Preferred Stock, 3.60% Series is 90 cents per share.

When is the cash dividend payable to stockholders of record on the company's Six Per Cent Preferred Stock?

The cash dividend payable to stockholders of record on the company's Six Per Cent Preferred Stock is on Jan. 31, 2024.

How many electric customers does Wisconsin Electric Power Co. serve?

Wisconsin Electric Power Co. serves more than 1.1 million electric customers in Wisconsin.

How many natural gas customers does Wisconsin Electric Power Co. serve?

Wisconsin Electric Power Co. serves more than 490,000 natural gas customers in Wisconsin.

WEC Energy Group, Inc.

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About WEC

wec energy group is one of the nation’s largest electric and natural gas delivery companies, with deep operational expertise, scale and financial resources to meet the region’s future energy needs. we focus on reliable service, customer satisfaction and shareholder value. our regulated utility subsidiaries include michigan gas utilities, minnesota energy resources, north shore gas, peoples gas, upper michigan energy resources, we energies and wisconsin public service. together, we provide vital services to nearly 4.4 million customers in wisconsin, illinois, michigan and minnesota. our scale and geographic proximity allow for operating efficiency across our 70,000 miles of electric distribution lines, 44,000 miles of natural gas distribution and transmission lines, and 8,800 megawatts of reliable power plant capacity. we’re committed to delivering world-class reliability and the very best customer care – anywhere. our customers are at the heart of our business, and we work every day to