WEC Energy (WEC) Raises Quarterly Dividend 7.2% to $0.6325; 2.8% Yield
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WEC Energy Group announces plan to increase dividend by 7 percent
December 5, 2019 1:29 PM ESTMILWAUKEE, Dec. 5, 2019 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today announced that it is planning to raise the quarterly dividend on the company's common stock to 63.25 cents per share in the first quarter of 2020. This would represent an increase of 4.25 cents per share.Â
The directors expect to declare the new dividend at their regularly scheduled meeting in January. The dividend which would be equivalent to an annual rate of $2.53 per share would be payable March 1, 2020, to stockholders of record on Feb. 14, 2020.
"The... More
