WEC Energy Group announces plan to increase dividend by 6.9 percent
WEC Energy Group (NYSE: WEC) announced plans to increase its quarterly dividend by 6.9% to 89.25 cents per share in Q1 2025, representing a 5.75 cents per share increase. The dividend, equivalent to an annual rate of $3.57 per share, would be payable March 1, 2025, to stockholders of record on February 14, 2025.
The company maintains a target dividend payout ratio of 65-70% of earnings and projects earnings growth of 6.5-7% compound annual growth rate. For 2025, WEC introduced earnings guidance of $5.17-$5.27 per share, with a midpoint of $5.22, representing 7.6% growth from the 2024 adjusted guidance midpoint of $4.85 per share.
WEC Energy Group (NYSE: WEC) ha annunciato piani per aumentare il suo dividendo trimestrale del 6,9% a 89,25 centesimi per azione nel primo trimestre del 2025, corrispondente a un aumento di 5,75 centesimi per azione. Il dividendo, equivalente a un tasso annuale di 3,57 dollari per azione, sarà pagabile il 1 marzo 2025 agli azionisti registrati il 14 febbraio 2025.
L'azienda mantiene un obiettivo di rapporto di distribuzione dei dividendi del 65-70% degli utili e prevede una crescita degli utili del 6,5-7% CAGR. Per il 2025, WEC ha introdotto una guida sugli utili di 5,17-5,27 dollari per azione, con un valore mediano di 5,22 dollari, che rappresenta una crescita del 7,6% rispetto al valore mediano della guida del 2024 di 4,85 dollari per azione.
WEC Energy Group (NYSE: WEC) anunció planes para aumentar su dividendo trimestral en un 6.9% a 89.25 centavos por acción en el primer trimestre de 2025, lo que representa un aumento de 5.75 centavos por acción. El dividendo, equivalente a una tasa anual de $3.57 por acción, se pagará el 1 de marzo de 2025 a los accionistas registrados al 14 de febrero de 2025.
La compañía mantiene un objetivo de ratio de pago de dividendos del 65-70% de las ganancias y proyecta un crecimiento de ganancias del 6.5-7% de tasa de crecimiento anual compuesta. Para 2025, WEC introdujo una guía de ganancias de $5.17-$5.27 por acción, con un punto medio de $5.22, lo que representa un crecimiento del 7.6% respecto al punto medio de guía ajustada de 2024 de $4.85 por acción.
WEC 에너지 그룹 (NYSE: WEC) 은 2025년 1분기에 주당 89.25센트로 분기 배당금을 6.9% 인상할 계획을 발표했으며, 이는 주당 5.75센트의 인상을 의미합니다. 연간 배당금은 주당 3.57달러에 해당하며, 2025년 3월 1일에 2025년 2월 14일 기준 주주에게 지급될 예정입니다.
회사는 이익의 65-70%에 해당하는 배당금 지급 비율 목표를 유지하며, 연평균 6.5-7%의 이익 성장률을 예상하고 있습니다. 2025년을 위해 WEC는 주당 5.17-$5.27의 이익 가이드를 발표했으며, 중간값은 주당 5.22달러로, 이는 2024년 조정된 가이드 중간값 4.85달러에 비해 7.6% 성장한 것입니다.
WEC Energy Group (NYSE: WEC) a annoncé des plans pour augmenter son dividende trimestriel de 6,9% à 89,25 cents par action au premier trimestre 2025, représentant une augmentation de 5,75 cents par action. Le dividende, équivalent à un taux annuel de 3,57 dollars par action, sera payable le 1er mars 2025 aux actionnaires inscrits au 14 février 2025.
L'entreprise maintient un ratio de distribution de dividendes cible de 65-70% des bénéfices et projette une croissance des bénéfices de 6,5-7% par an. Pour 2025, WEC a introduit des prévisions de bénéfices de 5,17 à 5,27 dollars par action, avec un point médian de 5,22 dollars, représentant une croissance de 7,6% par rapport au point médian de la prévision ajustée de 2024 de 4,85 dollars par action.
WEC Energy Group (NYSE: WEC) gab Pläne bekannt, die vierteljährliche Dividende im 1. Quartal 2025 um 6,9% auf 89,25 Cent pro Aktie zu erhöhen, was einem Anstieg um 5,75 Cent pro Aktie entspricht. Die Dividende, die einem Jahresbetrag von 3,57 Dollar pro Aktie entspricht, wird am 1. März 2025 an die Aktionäre ausgezahlt, die am 14. Februar 2025 registriert sind.
Das Unternehmen verfolgt einen Ziel-Dividenden-Ausschüttungsgrad von 65-70% des Gewinns und prognostiziert ein Gewinnwachstum von 6,5-7% auf jährlicher Basis. Für 2025 hat WEC eine Gewinnprognose von 5,17-$5,27 pro Aktie eingeführt, mit einem Mittelwert von 5,22 Dollar, was einem Wachstum von 7,6% gegenüber dem angepassten mittleren Wert des Jahres 2024 von 4,85 Dollar pro Aktie entspricht.
- Planned 6.9% increase in quarterly dividend to $0.8925 per share
- Projected 7.6% earnings growth for 2025 vs 2024
- Strong earnings guidance for 2025 ($5.17-$5.27 per share)
- Maintains healthy dividend payout ratio target of 65-70%
- None.
The directors expect to declare the new dividend at their regularly scheduled meeting in January. The dividend — which would be equivalent to an annual rate of
"The board's review today is consistent with our ongoing plan targeting a dividend payout ratio of 65 to 70 percent of earnings," said Scott Lauber, president and CEO. "The projected dividend for 2025 is in line with the company's longer-term objective to grow earnings per share at a 6.5 to 7 percent compound annual growth rate."
In addition, the company introduced earnings guidance for 2025. Calendar year 2025 earnings are expected to be in a range of
WEC Energy Group (NYSE: WEC), based in
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
WEC Energy Group (wecenergygroup.com) is a Fortune 500 company and a component of the S&P 500. The company has approximately 34,000 stockholders of record, 7,000 employees and more than
Forward-looking statements
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 and uncertainties that could cause our actual results to differ materially from those contemplated in the statements. Readers are cautioned not to place undue reliance on these statements. Forward-looking statements include, among other things, statements concerning management's expectations and projections regarding earnings, earnings growth rates, dividend payments and future results. In some cases, forward-looking statements may be identified by reference to a future period or periods or by the use of forward-looking terminology such as "anticipates," "believes," "estimates," "expects," "forecasts," "guidance," "intends," "may," "objectives," "plans," "possible," "potential," "projects," "should," "targets," "will" or similar terms or variations of these terms.
Factors that could cause actual results to differ materially from those contemplated in any forward-looking statements include, but are not limited to: general economic conditions, including business and competitive conditions in the company's service territories; timing, resolution and impact of rate cases and other regulatory decisions, including rider reconciliations; the company's ability to continue to successfully integrate the operations of its subsidiaries; availability of the company's generating facilities and/or distribution systems; unanticipated changes in fuel and purchased power costs; key personnel changes; unusual, varying, or severe weather conditions; continued industry restructuring and consolidation; continued advances in, and adoption of, new technologies that produce power or reduce power consumption; energy and environmental conservation efforts; electrification initiatives, mandates and other efforts to reduce the use of natural gas; the company's ability to successfully acquire and/or dispose of assets and projects and to execute on its capital plan; terrorist, physical or cyber-security threats or attacks and data security breaches; construction risks; labor disruptions; equity and bond market fluctuations; changes in the company's and its subsidiaries' ability to access the capital markets; changes in tax legislation or our ability to use certain tax benefits and carryforwards; federal, state, and local legislative and regulatory changes, including changes in rate-setting policies or procedures and environmental standards, the enforcement of these laws and regulations and changes in the interpretation of regulations or permit conditions by regulatory agencies; supply chain disruptions; inflation; political or geopolitical developments, including impacts on the global economy, supply chain and fuel prices, generally, from ongoing, escalating, or expanding regional conflicts; the impact from any health crises, including epidemics and pandemics; current and future litigation and regulatory investigations, proceedings or inquiries; changes in accounting standards; the financial performance of American Transmission Company as well as projects in which the company's energy infrastructure business invests; the ability of the company to obtain additional generating capacity at competitive prices; goodwill and its possible impairment; and other factors described under the heading "Factors Affecting Results, Liquidity and Capital Resources" in Management's Discussion and Analysis of Financial Condition and Results of Operations and under the headings "Cautionary Statement Regarding Forward-Looking Information" and "Risk Factors" contained in the company's Form 10-K for the year ended December 31, 2023, and in subsequent reports filed with the Securities and Exchange Commission. Except as may be required by law, the company expressly disclaims any obligation to publicly update or revise any forward-looking information.
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SOURCE WEC Energy Group
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