By Katherine Hamilton
WEC Energy Group raised its quarterly dividend by 6.7% to about 95 cents a share.
The Milwaukee energy provider said Thursday it would increase the dividend by 6 cents a share in the first quarter of 2026.
The new payout, equal to $3.81 a year, represents a 3.6% annual yield based on Thursday's closing price of $106.28.
Directors expect to declare the dividend at their meeting in January, and it will be payable on March 1, 2026 to shareholders of record as of Feb. 13.
WEC's board aims for a dividend payout ratio of 65% to 70% of earnings, the company said.
WEC separately said it expects earnings per share in 2026 to be $5.51 to $5.61 a share.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
December 04, 2025 17:27 ET (22:27 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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