WEC Energy Group declares quarterly dividend

Rhea-AI Summary

The board of directors of WEC Energy Group (NYSE: WEC) has declared a quarterly cash dividend of 72.75 cents per share. This dividend is payable on June 1, 2022, to stockholders of record as of May 13, 2022. This marks the 319th consecutive quarter of dividend payments since 1942. WEC Energy Group serves approximately 4.6 million customers across Wisconsin, Illinois, Michigan, and Minnesota, with total assets amounting to $39 billion.

Positive

• Declared a quarterly cash dividend of 72.75 cents per share.
• Marks the 319th consecutive quarter of dividend payments since 1942.
• Serves 4.6 million customers across multiple states.

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• None.

MILWAUKEE, April 21, 2022 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 72.75 cents per share on the company's common stock.

The dividend is payable June 1, 2022, to stockholders of record on May 13, 2022. This marks the 319^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 4.6 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 the Midwest.

WEC Energy Group (wecenergygroup.com) is a Fortune 500 company and a component of the S&P 500. The company has 38,000 stockholders of record, 7,000 employees and $39 billion of assets.

View original content:https://www.prnewswire.com/news-releases/wec-energy-group-declares-quarterly-dividend-301530525.html

SOURCE WEC Energy Group

FAQ

What is the dividend amount declared by WEC Energy Group?

WEC Energy Group declared a quarterly cash dividend of 72.75 cents per share.

When will the dividend be paid to shareholders?

The dividend will be payable on June 1, 2022.

When is the record date for the dividend payment?

The record date for the dividend payment is May 13, 2022.

How many consecutive quarters has WEC Energy Group paid dividends?

WEC Energy Group has paid dividends for 319 consecutive quarters.