Business
WEC Energy Group raises quarterly dividend by 6.7 percent
The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 95.25 cents per share on the company's common stock, an increase of 6.7 percent over the current quarterly dividend of 89.25 cents per share. This raises the annual dividend rate to $3.81 per share.
About this update from Wec Energy Group, Inc.
[{"type":"text","content":"MILWAUKEE, Jan. 22, 2026 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 95.25 cents per share on the company's common stock, an increase of 6.7 percent over the current quarterly dividend of 89.25 cents per share. This raises the annual dividend rate to $3.81 per share.","length":342,"tagName":"p"},{"type":"text","content":"The higher dividend is payable March 1, 2026, to stockholders of record on Feb. 13, 2026. This marks the 334th consecutive quarter — dating back to 1942 — that the company will have paid a dividend to its stockholders.","length":223,"tagName":"p"},{"type":"text","content":""With today's action by our board, 2026 will be the 23rd consecutive year of dividend increases for our stockholders," said Scott Lauber, president and CEO. "We continue to target a dividend payout of 65 to 70 percent of earnings."","length":255,"tagName":"p"},{"type":"text","content":"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. ","length":180,"tagName":"p"},{"type":"text","content":"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 growing fleet of renewable generation facilities in states ranging from South Dakota to Texas.","length":430,"tagName":"p"},{"type":"text","content":"WEC Energy Group (wecenergygroup.com) is a Fortune 500 company and a component of the S&P 500. The company has approximately 32,000 stockholders of record, 7,000 employees and more than $49 billion of assets.","length":212,"tagName":"p"},{"type":"text","content":"Forward-looking statements","length":26,"tagName":"p"},{"type":"text","content":"Certain statements contained in this press release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based upon management's current expectations and are subject to risks a...