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WEC Energy Group, Inc.
As of May 18, 2026 at 24:05 UTC
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About WEC Energy Group, Inc.
WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 49% electric generation and distribution, 30% gas distribution, 10% electric transmission, 9% unregulated renewable energy, and 2% LNG distribution and generation.
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Latest News
5 articlesWEC Energy Group declared a quarterly cash dividend of $0.9525 per share, payable June 1, 2026. This marks the 335th consecutive quarter of dividend payments dating back to 1942, demonstrating the company's long-standing commitment to returning capital to shareholders.
As geopolitical tensions drive investors toward safe-haven sectors, three utility stocks offer attractive combinations of steady dividend income and capital appreciation potential. NextEra Energy, Xcel Energy, and WEC Energy Group are highlighted for their strong dividend histories, consistent earnings growth, and low volatility characteristics that provide stability during market turbulence.
Wisconsin Electric, a subsidiary of WEC Energy Group, declared quarterly cash dividends on its Preferred Stock series. The board approved a 90-cent dividend per share on the 3.60% Series Preferred Stock payable March 1, 2026, and a $1.50 per share dividend on the Six Per Cent Preferred Stock payable April 30, 2026.
WEC Energy Group announced a 6.7% increase in its quarterly dividend to 95.25 cents per share, raising the annual dividend rate to $3.81 per share. The dividend will be paid on March 1, 2026, marking the 334th consecutive quarter of dividend payments and the 23rd consecutive year of dividend increases. The company maintains a target dividend payout ratio of 65-70% of earnings.
EnergySolutions and WEC Energy Group submitted a Notice of Intent to the U.S. Nuclear Regulatory Commission for a major licensing action to develop new nuclear generation at the Kewaunee Power Station site in Wisconsin. The companies are conducting in-depth studies to demonstrate site suitability as part of a multi-phase project exploring new nuclear construction.