WEC Energy Group declares quarterly dividend

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WEC Energy Group declares quarterly dividend

Positive

• WEC Energy Group declares a quarterly cash dividend of 78 cents per share on its common stock.
• The dividend is payable on December 1, 2023.
• WEC Energy Group has a history of paying dividends for 325 consecutive quarters since 1942.

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• None.

MILWAUKEE, Oct. 19, 2023 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 78 cents per share on the company's common stock.

The dividend is payable Dec. 1, 2023, to stockholders of record on Nov. 14, 2023. This marks the 325^th consecutive quarter — dating back to 1942 — that the company will have paid a dividend to its stockholders.

WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving nearly 4.7 million customers in Wisconsin, Illinois, Michigan and Minnesota. 

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.

WEC Energy Group (wecenergygroup.com) is a Fortune 500 company and a component of the S&P 500. The company has approximately 36,000 stockholders of record, 7,000 employees and more than $43 billion of assets.

View original content:https://www.prnewswire.com/news-releases/wec-energy-group-declares-quarterly-dividend-301962474.html

SOURCE WEC Energy Group

FAQ

What is the dividend declared by WEC Energy Group?

WEC Energy Group has declared a quarterly cash dividend of 78 cents per share on its common stock.

When will the dividend be paid?

The dividend will be payable on December 1, 2023.

How long has WEC Energy Group been paying dividends?

WEC Energy Group has been paying dividends for 325 consecutive quarters since 1942.