Wisconsin Electric declares quarterly dividends

Rhea-AI Summary

WEC (WEC Energy Group) subsidiary Wisconsin Electric declared quarterly cash dividends on two preferred share series. The 3.60% Series pays $0.90 per share, payable June 1, 2026, to holders of record May 14, 2026. The Six Per Cent Preferred Stock pays $1.50 per share, payable July 31, 2026, to holders of record July 14, 2026.

Wisconsin Electric Power Co., doing business as We Energies, serves over 1.1 million electric and 490,000 natural gas customers in Wisconsin.

Positive

• Declared preferred dividends providing predictable income to preferred shareholders
• Clear payment dates: June 1, 2026 and July 31, 2026
• Record dates specified: May 14, 2026 and July 14, 2026

Negative

• Dividends apply only to preferred shares, not common shareholders
• No change announced to common dividend policy or amounts

News Market Reaction – WEC

-0.48%

1 alert

-0.48% News Effect

On the day this news was published, WEC declined 0.48%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

MILWAUKEE, April 16, 2026 /PRNewswire/ -- The Wisconsin Electric board of directors today declared a quarterly cash dividend of 90 cents per share on the company's Preferred Stock, 3.60% Series, payable June 1, 2026, to stockholders of record on May 14, 2026. The board also declared a quarterly cash dividend of $1.50 per share on the company's Six Per Cent Preferred Stock, payable July 31, 2026, to stockholders of record on July 14, 2026.

Wisconsin Electric Power Co., doing business as We Energies, is a subsidiary of WEC Energy Group (NYSE: WEC). The company serves more than 1.1 million electric customers and more than 490,000 natural gas customers in Wisconsin. Go to the We Energies website at we-energies.com.

View original content:https://www.prnewswire.com/news-releases/wisconsin-electric-declares-quarterly-dividends-302745235.html

SOURCE Wisconsin Electric Power Co.

FAQ

What dividends did WEC announce for its preferred shares on April 16, 2026?

WEC declared a $0.90 dividend on the 3.60% Series and $1.50 on Six Per Cent Preferred. According to the company, payments are scheduled June 1, 2026 and July 31, 2026 with record dates May 14 and July 14, 2026.

When is the payment date and record date for WEC 3.60% Series preferred dividend?

The 3.60% Series pays $0.90 per share on June 1, 2026. According to the company, shareholders of record must be on the books by May 14, 2026 to receive the payment.

How will WEC Six Per Cent Preferred shareholders receive the July 2026 dividend?

Six Per Cent Preferred shareholders will receive $1.50 per share payable July 31, 2026. According to the company, eligible shareholders are those of record on July 14, 2026 and will be paid on the stated date.

Do WEC common shareholders get the April 16, 2026 preferred dividends?

No, the declared payments apply only to specified preferred share series, not common stock. According to the company, the announcement covers preferred dividends on two series with defined payment and record dates.

Where can WEC investors find more information about these dividend dates and eligibility?

Investors can confirm payment and record dates via We Energies investor communications and transfers. According to the company, the We Energies website provides details on the declared preferred dividends and shareholder eligibility.