WEC Stock Recent News

NextEra Energy has an incredible track record of dividend growth behind it, but everyone already knows about this utility giant. Relatively small WEC Energy flies under the radar, but it has a strong record of dividend growth.

NextEra Energy has one of the fastest-growing dividends in the utility sector. WEC Energy's dividend is growing a little bit slower than NextEra Energy's dividend.

MILWAUKEE , July 18, 2024 /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 Sept. 1, 2024, to stockholders of record on Aug. 14, 2024.

MILWAUKEE , July 18, 2024 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 83.50 cents per share on the company's common stock. The dividend is payable Sept.

Finding dividend stocks with 4%-plus yields and solid dividend growth is hard while the market is hitting all-time highs. Brookfield Renewable is building the future of the global energy market and has a yield of up to 5.5%.

WEC Energy (WEC) reported earnings 30 days ago. What's next for the stock?

MILWAUKEE , May 22, 2024 /PRNewswire/ -- WEC Energy Group, Inc. (NYSE: WEC) today announced the pricing of $750,000,000 in aggregate principal amount of its 4.375% convertible senior notes due 2027 (the "2027 convertible notes") and $750,000,000 in aggregate principal amount of its 4.375% convertible senior notes due 2029 (the "2029 convertible notes" and, together with the 2027 convertible notes, the "convertible notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). In addition, WEC Energy Group granted the initial purchasers of the convertible notes an option to purchase, within a 13-day period beginning on, and including, the date the convertible notes are first issued, up to an additional $112,500,000 in aggregate principal amount of the 2027 convertible notes and up to an additional $112,500,000 in aggregate principal amount of the 2029 convertible notes.

MILWAUKEE , May 22, 2024 /PRNewswire/ -- WEC Energy Group, Inc. (NYSE: WEC) today announced that it intends to offer, subject to market and other conditions, $750,000,000 in aggregate principal amount of its convertible senior notes due 2027 (the "2027 convertible notes") and $750,000,000 in aggregate principal amount of its convertible senior notes due 2029 (the "2029 convertible notes" and, together with the 2027 convertible notes, the "convertible notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). In addition, WEC Energy Group expects to grant the initial purchasers of the convertible notes an option to purchase, within a 13-day period beginning on, and including, the date the convertible notes are first issued, up to an additional $112,500,000 in aggregate principal amount of the 2027 convertible notes and up to an additional $112,500,000 in aggregate principal amount of the 2029

WEC Energy Group has a strong track record of growth and plans to invest over $20 billion in fresh investments, fueling significant EPS growth for the next 5 years. Wisconsin's increasing demand for energy, including Microsoft's $3.3 billion investment in a datacenter campus, provides opportunities for WEC's growth in the state. WEC's cash flow greatly exceeds its earnings, leaving ample capital available for investment, and the company anticipates minimal equity issuance.

WEC Energy Group: A Dividend Aristocrat In The Making