WEC Energy Group Declares 336th Consecutive Quarterly Dividend Amidst Steady Financial Performance

WEC Energy Group Declares 336th Consecutive Quarterly Dividend Amidst Steady Financial Performance

On July 16, 2026, WEC Energy Group’s board of directors declared a quarterly cash dividend of 95.25 cents per share, marking the company’s 336th consecutive quarterly dividend since 1942. This dividend is payable on September 1, 2026, to stockholders of record as of August 14, 2026.

Consistent Financial Performance

WEC Energy Group has demonstrated a strong commitment to returning value to its shareholders. The recent dividend declaration reflects the company’s consistent financial performance and operational efficiency. In the first quarter of 2026, WEC Energy Group reported a net income of $804.4 million, or $2.45 per share, up from $724.2 million, or $2.27 per share, in the same period the previous year. Consolidated revenues for the quarter totaled $3.4 billion, an increase of $284.7 million from the first quarter of 2025.

Operational Highlights

The company’s operational highlights for the first quarter of 2026 include:

• Retail electricity deliveries, excluding the iron ore mine in Michigan’s Upper Peninsula, increased by 1.1% compared to the first quarter of 2025.
• Electricity consumption by small commercial and industrial customers rose by 0.7%.
• Electricity use by large commercial and industrial customers, excluding the iron ore mine, increased by 2.7%.

These figures indicate a steady demand for electricity across various customer segments, contributing to the company’s robust financial performance.

Stock Performance

As of July 24, 2026, WEC Energy Group’s stock (NYSE: WEC) closed at $115.77, reflecting a 0.25% increase from the previous close. The stock’s performance aligns with the company’s consistent financial results and commitment to shareholder returns.

Conclusion

WEC Energy Group’s declaration of its 336th consecutive quarterly dividend underscores its dedication to delivering consistent value to shareholders. The company’s strong financial performance and operational efficiency position it well for continued success in the regulated electric and natural gas delivery sector.