WEC Energy (WEC) Raises Quarterly Dividend 7.1% to $0.835; 4% Yield

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WEC Energy Group announces plan to increase dividend by 7 percent

December 20, 2023 7:30 AM EST

MILWAUKEE, Dec. 20, 2023 /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 83.50 cents per share in the first quarter of 2024. This would represent an increase of 5.5 cents per share, or 7 percent.

The directors expect to... More