WEC Stock Recent News

Utility company WEC Energy Group reported a 27% drop in second-quarter profit on Wednesday, hurt by higher operating costs and a rise in interest expenses.

MILWAUKEE , July 31, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $211.3 million, or 67 cents per share, for the second quarter of 2024 — down from $289.7 million, or 92 cents per share, in last year's second quarter. For the first six months of 2024, the company recorded net income of $833.6 million, or $2.64 per share — up from $797.2 million, or $2.52 per share, in the corresponding period a year ago.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for WEC Energy (WEC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.

WEC Energy and Apple Hospitality are promising investment options worth exploring for stability and income potential. WEC geographic region is one of the lowest cost in the nation and will have an easier time requesting rate increases. APLE's ATM program is being used effectively to raise funds for acquisitions and paying down debt.

MILWAUKEE , July 24, 2024 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2024 second-quarter earnings news release before the stock market opens Wednesday, July 31. A conference call for investors and security analysts is scheduled for the same day at 1 p.m.

WEC Energy (WEC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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.