WEC Energy Group, Inc. (WEC)
WEC Energy Group, Inc. (WEC) is a Milwaukee-based utility company that provides electricity and natural gas services to customers in Wisconsin, Illinois, Michigan, and Minnesota. Founded in 1896, it has grown through acquisitions and infrastructure investments, focusing on reliable energy delivery and sustainable practices. WEC Energy emphasizes clean energy initiatives and modernizing its grid to support environmental goals.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 1, 2025 | $0.89 | 2025-08-14 | 2025-08-14 |
| June 1, 2025 | $0.89 | 2025-05-14 | 2025-05-14 |
| March 1, 2025 | $0.89 | 2025-02-14 | 2025-02-14 |
| December 1, 2024 | $0.83 | 2024-11-14 | 2024-11-14 |
| September 1, 2024 | $0.83 | 2024-08-14 | 2024-08-14 |
Dividends Summary
- WEC Energy Group, Inc. has issued 88 dividend payments over the past 21 years
- The most recent dividend was paid 19 days ago, on September 1, 2025
- The highest dividend payed out to investors during this period was $0.8925 per share
- The average dividend paid during this period was $0.46 per share.
Company News
The article discusses three closed-end funds (CEFs) with potentially overinflated premiums that investors should be cautious about, highlighting risks of valuation corrections in utility and bond-focused funds.
WEC Energy Group announced plans to increase its quarterly dividend by 6.9% to $0.8925 per share, citing its ongoing plan to target a dividend payout ratio of 65-70% of earnings. The company also provided earnings guidance for 2025, expecting growth of 7.6% from 2024.
The author discusses selling his position in WEC Energy due to the stock's rapid price appreciation and investing in Brookfield Renewable Partners, a clean energy-focused business with a 5.6% dividend yield. The author believes Brookfield Renewable has a long runway for growth as the world shifts towards cleaner energy alternatives.
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