Home > Boards > US Listed > Oil/Gas/Natural Energy Production > Wisconsin Energy Corporation (WEC)

WEC Energy Group announces plan to increase dividend

Public Reply | Private Reply | Keep | Last ReadPost New MsgPrevious | Next
fuzzy Member Profile
Member Level 
Followed By 9
Posts 2,729
Boards Moderated 1
Alias Born 04/20/01
160x600 placeholder
Current Report Filing (8-k) Edgar (US Regulatory) - 12/4/2020 10:35:03 AM
Garcia-Thomas elected to WEC Energy Group board of directors PR Newswire (US) - 12/3/2020 2:15:00 PM
WEC Energy Group announces plan to increase dividend by 7.1 percent PR Newswire (US) - 12/3/2020 1:16:00 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 11/20/2020 5:03:13 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 11/13/2020 4:54:06 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 11/12/2020 4:42:21 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 11/12/2020 4:41:59 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 11/10/2020 5:01:08 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 11/9/2020 4:13:04 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 11/6/2020 4:17:13 PM
Quarterly Report (10-q) Edgar (US Regulatory) - 11/6/2020 6:07:28 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 11/3/2020 7:27:33 AM
WEC Energy Group reports third-quarter results PR Newswire (US) - 11/3/2020 7:00:00 AM
WEC Energy Group to announce 2020 third-quarter results Nov. 3 PR Newswire (US) - 10/27/2020 12:00:00 PM
Automatic Shelf Registration Statement of Securities of Well-known Seasoned Issuers (s-3asr) Edgar (US Regulatory) - 10/19/2020 4:17:11 PM
Wisconsin Electric declares quarterly dividends PR Newswire (US) - 10/15/2020 2:38:00 PM
WEC Energy Group declares quarterly dividend PR Newswire (US) - 10/15/2020 2:18:00 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 10/9/2020 6:01:16 AM
Prospectus Filed Pursuant to Rule 424(b)(2) (424b2) Edgar (US Regulatory) - 10/6/2020 5:23:18 PM
Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp) Edgar (US Regulatory) - 10/5/2020 5:01:50 PM
Prospectus Filed Pursuant to Rule 424(b)(5) (424b5) Edgar (US Regulatory) - 10/5/2020 8:54:59 AM
ICC approves independent report on condition of natural gas delivery network in Chicago PR Newswire (US) - 9/28/2020 10:58:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/22/2020 4:39:38 PM
Amended Statement of Beneficial Ownership (3/a) Edgar (US Regulatory) - 9/22/2020 4:39:02 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 9/21/2020 4:31:17 PM
fuzzy Member Level  Wednesday, 01/15/20 04:00:55 PM
Re: None
Post # of 15 

WEC Energy Group announces plan to increase dividend by 7 percent

1:29 pm ET December 5, 2019 (PR Newswire) Print


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.

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 board's review today is consistent with our ongoing plan to target a dividend payout ratio of 65 to 70 percent of earnings," said Gale Klappa, executive chairman.

The projected dividend growth for 2020 is in line with the company's longer-term objective to grow earnings per share at a 5 to 7 percent average annual rate.

In addition, the company introduced earnings guidance for 2020. Calendar year 2020 earnings are expected to be in a range of $3.71 to $3.75 per share.


Public Reply | Private Reply | Keep | Last ReadPost New MsgPrevious | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences