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WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. The company operates through six segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. It generates and distributes electricity from coal, natural gas, oil, hydroelectric, wind, solar, and biomass sources; provides electric transmission services; offers retail natural gas distribution services; transports natural gas; and generates, distributes, and sells steam. As of December 31, 2021, it operated approximately 35,800 miles of overhead distribution lines and 35,600 miles of underground distribution cables, as well as 440 electric distribution substations and 510,500 line transformers; 50,900 miles of natural gas distribution mains; 1,200 miles of natural gas transmission mains; 2.3 million natural gas lateral services; 500 natural gas distribution and transmission gate stations; and 68.2 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was incorporated in 1981 and is headquartered in Milwaukee, Wisconsin.

WEC Energy Dividend Announcement

WEC Energy announced a quarterly dividend of $0.83 per ordinary share which will be made payable on 2024-12-01. Ex dividend date: 2024-11-14
WEC Energy annual dividend for 2024 was $3.34
WEC Energy annual dividend for 2023 was $3.12
WEC Energy's trailing twelve-month (TTM) dividend yield is 3.33%
WEC Energy's payout ratio for the trailing twelve months (TTM) is 80.41%
WEC Energy's dividend growth over the last five years (2018-2023) was 7.14% year
WEC Energy's dividend growth over the last ten years (2013-2023) was 8.00% year

WEC Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-14$0.83quarterly2024-12-01
2024-08-14$0.83quarterly2024-09-01
2024-05-13$0.83quarterly2024-06-01
2024-02-13$0.83quarterly2024-03-01
2023-11-13$0.78quarterly2023-12-01
2023-08-11$0.78quarterly2023-09-01
2023-05-11$0.78quarterly2023-06-01
2023-02-13$0.78quarterly2023-03-01
2022-11-10$0.73quarterly2022-12-01
2022-08-11$0.73quarterly2022-09-01
2022-05-12$0.73quarterly2022-06-01
2022-02-11$0.73quarterly2022-03-01
2021-11-10$0.68quarterly2021-12-01
2021-08-12$0.68quarterly2021-09-01
2021-05-13$0.68quarterly2021-06-01
2021-02-11$0.68quarterly2021-03-01
2020-11-12$0.63quarterly2020-12-01
2020-08-13$0.63quarterly2020-09-01
2020-05-13$0.63quarterly2020-06-01
2020-02-13$0.63quarterly2020-03-01
2019-11-13$0.59quarterly2019-12-01
2019-08-13$0.59quarterly2019-09-01
2019-05-13$0.59quarterly2019-06-01
2019-02-13$0.59quarterly2019-03-01
2018-11-13$0.55quarterly2018-12-01
2018-08-13$0.55quarterly2018-09-01
2018-05-11$0.55quarterly2018-06-01
2018-02-13$0.55quarterly2018-03-01
2017-11-13$0.52quarterly2017-12-01
2017-08-10$0.52quarterly2017-09-01
2017-05-10$0.52quarterly2017-06-01
2017-02-10$0.52quarterly2017-03-01
2016-11-09$0.49quarterly2016-12-01
2016-08-10$0.49quarterly2016-09-01
2016-05-11$0.49quarterly2016-06-01
2016-02-10$0.49quarterly2016-03-01
2015-11-10$0.46quarterly2015-12-01
2015-08-12$0.23quarterly2015-09-01
2015-06-30$0.21quarterly2015-07-06
2015-05-12$0.42quarterly2015-06-01
2015-02-11$0.42quarterly2015-03-01
2014-11-12$0.39quarterly2014-12-01
2014-08-12$0.39quarterly2014-09-01
2014-05-12$0.39quarterly2014-06-01
2014-02-12$0.39quarterly2014-03-01
2013-11-12$0.38quarterly2013-12-01
2013-08-12$0.38quarterly2013-09-01
2013-05-10$0.34quarterly2013-06-01
2013-02-12$0.34quarterly2013-03-01

WEC Energy Dividend per year

WEC Energy Dividend growth

WEC Energy Dividend Yield

WEC Energy current trailing twelve-month (TTM) dividend yield is 3.33%. Interested in purchasing WEC Energy stock? Use our calculator to estimate your expected dividend yield:

WEC Energy Financial Ratios

P/E ratio24.17
PEG ratio-6.55
P/B ratio1.26
ROE8.48%
Payout ratio80.41%
Current ratio0.65
Quick ratio0.43
Cash Ratio0.09

WEC Energy Dividend FAQ

How much is the next WEC Energy dividend?
WEC Energy's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next WEC Energy dividend. The next WEC Energy dividend will be released in February, May, August, or November.
When is WEC Energy dividend paid?
WEC Energy pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does WEC Energy pay?
The specific amount of WEC Energy dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find WEC Energy's dividend history.
Does WEC Energy stock pay dividends?
Yes, WEC Energy does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find WEC Energy's dividend history.
How much dividend does WEC Energy pay?
WEC Energy paid $3.34 in 2024, $3.12 in 2023, $2.912 in 2022, $2.711 in 2021, and $2.53 in 2020.
How often does WEC Energy pay dividends?
WEC Energy typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is WEC Energy's dividend yield?
The current dividend yield for WEC Energy is 3.33%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate WEC Energy's exact dividend yield.
When does WEC Energy go ex dividend?
WEC Energy's ex-dividend date for the latest dividend was on 2024-11-14. WEC Energy typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next WEC Energy dividend paid?
WEC Energy pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will WEC Energy increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether WEC Energy will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is WEC Energy dividend per share?
WEC Energy paid $3.34 per share in 2024 and $3.12 per share in 2023. The amount of dividend per share that WEC Energy pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is WEC Energy a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is WEC Energy a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is WEC Energy a dividend stock?
Yes, WEC Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is WEC Energy a good dividend stock?
Whether WEC Energy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. WEC Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating WEC Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does WEC Energy pay dividends monthly?
WEC Energy typically pays dividends on a quarterly basis.
Does WEC Energy pay dividends quarterly?
WEC Energy currently pays dividends on a quarterly basis.
Has WEC Energy ever paid a dividend?
Yes, WEC Energy has a history of paying dividends to its shareholders. WEC Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy WEC Energy dividend stocks?
To buy WEC Energy you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy WEC Energy stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does WEC Energy pay dividends 2024?
WEC Energy pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will WEC Energy increase its dividend in 2024?
Decisions regarding WEC Energy dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date WEC Energy dividend overview you can look into the above table of dividend history.
How WEC Energy dividend works?
The WEC Energy dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how WEC Energy's dividend process works:

1. Determination of Dividend: WEC Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, WEC Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, WEC Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from WEC Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are WEC Energy dividends paid?
WEC Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: WEC Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, WEC Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: WEC Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does WEC Energy pay dividends?
WEC Energy typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does WEC Energy pay dividends?
The general pattern is that WEC Energy pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is WEC Energy dividend safe?
The safety of WEC Energy's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of WEC Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review WEC Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.