WEC Energy (WEC) Raises Quarterly Dividend 7.1% to $0.6775; 2.9% Yield

WEC Energy (NYSE: WEC) declared a quarterly dividend of $0.6775 per share, or $2.71 annualized. This is a 7.1% increase from the prior dividend of $0.6325.

The dividend will be payable on March 1, 2021, to stockholders of record on February 14, 2021, with an ex-dividend date of February 11, 2021.

The annual yield on the dividend is 2.9 percent.

"The board's review today is consistent with our ongoing plan that targets a dividend payout ratio of 65 to 70 percent of earnings," said Gale Klappa, executive chairman.

For a dividend history and other dividend-related data on WEC Energy (WEC) click here.

You May Also Be Interested In

• Z Squared outlines AI power strategy and Paradox Data acquisition
• United Community Banks Inc. (UCB) Raises Quarterly Dividend 4% to $0.26; 2.8% Yield
• Atmus Filtration Technologies (ATMU) Raises Quarterly Dividend 9.1% to $0.06; 0.5% Yield