WEC Energy Group Affirms Shareholder Commitment with 331st Consecutive Dividend Payment

WEC Energy Group Reinforces Commitment to Shareholders with Consistent Dividend Payments

WEC Energy Group, a prominent player in the energy sector, announces a quarterly cash dividend of 89.25 cents per share on its common stock, scheduled for payment on June 1, 2025. This declaration, made on April 17, 2025, marks a significant milestone for the company, as it represents the 331st consecutive quarter of dividends paid to shareholders. This remarkable streak, which dates back to 1942, highlights the company’s long-standing dedication to delivering value to its investors while maintaining a strong operational framework. With approximately 4.7 million customers across Wisconsin, Illinois, Michigan, and Minnesota, WEC Energy Group's consistent dividend policy is a testament to its resilience and financial stability in an evolving energy market.

The company operates through various subsidiaries, including We Energies, which provides electric and natural gas services to over 1.1 million customers in Wisconsin. Additionally, WEC Infrastructure LLC manages a diverse fleet of renewable energy facilities in states such as South Dakota and Texas, indicating the company's commitment to expanding its renewable energy portfolio. This focus on sustainability not only aligns with industry trends but also positions WEC Energy Group as a competitive force in the energy landscape, capable of adapting to changing consumer preferences and regulatory pressures. As a Fortune 500 company, WEC Energy Group employs around 7,000 individuals and boasts assets exceeding $48 billion, underscoring its robust operational capacity.

In conjunction with the common stock dividend, We Energies, a subsidiary of WEC Energy Group, announces additional dividends on its preferred stock, including 90 cents per share on its 3.60% Series and $1.50 per share on its Six Per Cent Preferred Stock. These dividends, set to be paid to shareholders on June 1 and July 31, 2025, respectively, further illustrate the company's commitment to its diverse range of stakeholders. By maintaining a steady flow of dividends, WEC Energy Group not only strengthens investor confidence but also reinforces its reputation as a reliable and responsible energy provider.

In summary, WEC Energy Group’s recent dividend declaration reflects a solid commitment to its shareholders and showcases the company's ongoing operational success. As WEC Energy Group continues to navigate the complexities of the energy sector, its focus on consistent shareholder returns and strategic investments in renewable energy positions it favorably for future growth and sustainability.