WEC Energy Group announces plan to increase dividend by 6.9 percent
WEC Energy Group, Inc. (WEC)
Last wec energy group, inc. earnings: 1/30 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
wecenergygroup.com/invest/investor.htm
Company Research
Source: PR Newswire
MILWAUKEE, Dec. 5, 2024 /PRNewswire/ -- 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 89.25 cents per share in the first quarter of 2025. This would represent an increase of 5.75 cents per share, or 6.9 percent.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 $3.57 per share — would be payable March 1, 2025, to stockholders of record on Feb. 14, 2025."The board's review today is consistent with our ongoing plan targeting a dividend payout ratio of 65 to 70 percent of earnings," said Scott Lauber, president and CEO. "The projected dividend for 2025 is in line with the company's longer-term objective to grow earnings per share at a 6.5 to 7 percent compound annual growth rate."In addition, the company introduced earnings guidance for 2025. Calendar year 2025 earnings ar
Show less
Read more
Impact Snapshot
Event Time:
WEC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WEC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WEC alerts
High impacting WEC Energy Group, Inc. news events
Weekly update
A roundup of the hottest topics
WEC
News
- WEC Energy Group Announces Pricing Terms of Its Cash Tender Offer [Yahoo! Finance]Yahoo! Finance
- WEC Energy Group Announces Pricing Terms of Its Cash Tender OfferPR Newswire
- WEC Energy Group Announces Early Results and Upsize of Its Cash Tender Offer for Its Outstanding Senior NotesPR Newswire
- WEC Energy Group, Inc. (NYSE: WEC) was upgraded by analysts at Bank of America Co. from an "underperform" rating to a "neutral" rating. They now have a $98.00 price target on the stock, up previously from $90.00.MarketBeat
- Southeast Wisconsin's largest renewable energy project is now running. It's a solar farm [Yahoo! Finance]Yahoo! Finance
WEC
Earnings
- 10/31/24 - Beat
WEC
Sec Filings
- 12/6/24 - Form 8-K
- 12/6/24 - Form 8-K
- 11/25/24 - Form 4
- WEC's page on the SEC website