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WEC Energy Group (WEC) Dividend Yield, Date & History

WEC Energy Group logo
$94.50 +1.24 (+1.33%)
(As of 12/20/2024 05:17 PM ET)

WEC Energy Group Dividend Summary

Dividend Yield
3.78%
Annual Dividend
$3.57
Next
Dividend Payment
Mar. 1
Annualized 3-Year
Dividend Growth
7.24%
Dividend Payout Ratio
87.29%

WEC Energy Group (WEC) pays an annual dividend of $3.57 per share, with a dividend yield of 3.78%. The next quarterly payment of $0.8925 per share is scheduled for Saturday, March 1, to investors who own the stock before the ex-dividend date of Friday, February 14. The company currently pays out 87.29% of its earnings and 41.82% of its cash flow as dividends.

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WEC Dividend Payments by Quarter

The chart below displays up to four years of WEC Energy Group's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

WEC Dividend Yield Over Time

The chart below tracks WEC Energy Group's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

WEC Energy Group vs. The Competition

Compare WEC Energy Group's annual dividend, yield, and 3-year growth rate with averages for Utilities and NYSE companies to evaluate its performance against the market.

TypeWEC Energy GroupUtilities CompaniesNYSE Companies
Annual Dividend$3.57$0.04$1.39
Dividend Yield3.78%4.10%3.59%
Annualized 3-Year Dividend Growth7.24%1.33%15.78%

WEC Energy Group Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings87.29%
Based on This Year's Estimate73.01%
Based on Next Year's Estimate68.26%
Based on Cashflow41.82%

WEC Energy Group Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/6/2024quarterly$0.8925 - 3.4%2/14/20252/14/20253/1/2025
12/5/2024quarterly$0.8925+$0.0575
6.89%
3.65%12/5/202412/5/2024
10/17/2024quarterly$0.8350 - 3.37%11/14/202411/14/202412/1/2024
7/18/2024quarterly$0.8350 - 4.07%8/14/20248/14/20249/1/2024
4/18/2024quarterly$0.8350 - 4.15%5/13/20245/14/20246/1/2024
12/20/2023quarterly$0.8350+$0.0550
7.05%
4.1%2/13/20242/14/20243/1/2024
10/19/2023quarterly$0.78 - 3.78%11/13/202311/14/202312/1/2023
7/20/2023quarterly$0.78 - 3.42%8/11/20238/14/20239/1/2023
4/20/2023quarterly$0.78 - 3.22%5/11/20235/12/20236/1/2023

This table shows WEC Energy Group's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

WEC Energy Group Dividend - Frequently Asked Questions

The current dividend yield for WEC Energy Group is 3.78%. Learn more on WEC's dividend yield history.

The annual dividend for WEC shares is $3.57. Learn more on WEC's annual dividend history.

WEC Energy Group pays quarterly dividends to shareholders.

WEC Energy Group's next quarterly dividend payment of $0.8925 per share will be made to shareholders on Saturday, March 1, 2025.

WEC Energy Group's most recent quarterly dividend payment of $0.8925 per share was made to shareholders on Thursday, December 5, 2024.

WEC Energy Group's next ex-dividend date is Friday, February 14, 2025.

WEC Energy Group's next ex-dividend date is Friday, January 1, 2100.

WEC Energy Group's most recent ex-dividend date was Thursday, November 14, 2024.

Over the past three years, the company's dividend has grown by an average of 7.24% per year.

The most recent change in the company's dividend was an increase of $0.0575 on Thursday, December 5, 2024.

The dividend payout ratio for WEC is:
  • 87.29% based on the trailing year of earnings
  • 73.01% based on this year's estimates
  • 68.26% based on next year's estimates
  • 41.82% based on cash flow

WEC Energy Group's dividend yield of 3.59% is lower than the average Utilities company that issues a dividend. WEC Energy Group's dividend payout ratio of 87.29% may not be sustainable. However, based on earnings estimates, WEC will have a more sustainable dividend payout ratio of 68.26% next year.

Looking at the stock as a whole, market analysts rate WEC Energy Group stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:WEC) was last updated on 12/21/2024 by MarketBeat.com Staff
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