Wisconsin Electric Announces Upcoming Quarterly Dividends
Wisconsin Electric Declares Quarterly Cash Dividends
Wisconsin Electric, a well-recognized utility company and a subsidiary of WEC Energy Group, has announced exciting news regarding its quarterly cash dividends. In a recent meeting, the board of directors made significant declarations for the shareholders, underscoring the company’s commitment to providing shareholder value.
Details of the Quarterly Dividends
The board has approved a quarterly cash dividend of 90 cents per share on the company’s Preferred Stock, 3.60% Series. This payment is scheduled for December 1 to stockholders who are on record as of November 14. Additionally, the board also declared a separate quarterly cash dividend of $1.50 per share on its Six Per Cent Preferred Stock. This dividend is set to be disbursed on January 31, 2026, for stockholders recorded by January 14, 2026.
Understanding Wisconson Electric’s Commitment
The announcement signifies Wisconsin Electric's ongoing commitment to ensuring consistent returns for its investors. This is especially relevant in a time when utility companies are navigating evolving market dynamics while continuing to deliver energy services efficiently. Investors can find reassurance in the company’s reliable dividend history and steady financial performance.
About Wisconsin Electric
Wisconsin Electric Power Co., so commonly known as We Energies, serves a rich customer base including over 1.1 million electric customers and more than 490,000 natural gas customers in Wisconsin. This expansive reach illustrates the company's crucial role in the state's energy supply, emphasizing reliability and efficiency.
Delivering Energy with Dedication
With a strong emphasis on customer service, Wisconsin Electric remains focused on innovation and sustainable practices. The utility company continuously seeks to improve operations while providing dependable services to its customers. Being part of the WEC Energy Group allows Wisconsin Electric to leverage experience and infrastructure, thereby enhancing its service offering.
Future Outlook and Innovation
Looking ahead, Wisconsin Electric is dedicated to advancing its utility model through technological innovation. The initiative aims to strengthen grid infrastructure, reduce environmental impact, and cater to the growing needs of its customers. This adaptability positions the company favorably for future growth and stability across market shifts.
Frequently Asked Questions
What is the amount of the quarterly cash dividend declared?
The board declared a quarterly cash dividend of 90 cents per share on the Preferred Stock and $1.50 per share on the Six Per Cent Preferred Stock.
When will the dividends be paid?
The preferred stock dividend will be payable on December 1, 2025, and the Six Per Cent Preferred Stock dividend will be paid on January 31, 2026.
How does Wisconsin Electric support its shareholders?
Wisconsin Electric demonstrates its commitment to shareholders through regular dividend payments and focusing on sustainable financial performance.
What customer base does Wisconsin Electric serve?
Wisconsin Electric provides electric services to over 1.1 million customers and natural gas services to more than 490,000 customers across Wisconsin.
What are Wisconsin Electric's goals for the future?
The company aims to enhance sustainability, innovate its utility model, and strengthen its infrastructure to better serve its customers.
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