Wisconsin Electric declares quarterly dividends
PR Newswire - Thu Jul 16, 1:33PM CDT
The Wisconsin Electric board of directors today declared a quarterly cash dividend of 90 cents a share on the company's Preferred Stock, 3.60% Series, payable Sept. 1, 2015, to stockholders of record on Aug. 14, 2015. The board also declared a quarterly cash dividend of $1.50 a share on the company's Six Per Cent Preferred Stock payable Oct. 31, 2015, to stockholders of record on Oct. 14, 2015.
WEC: 47.88 (+0.64)
Fitch Rates Wisconsin Electric Power Co.'s $250MM Sr. Unsecured Debentures 'A+'; Outlook Stable
Business Wire - Fri May 15, 3:38PM CDT
Fitch Ratings has assigned an 'A+' rating to Wisconsin Electric Power Co.'s (WEPCO) new 3.10% $250 million issuance of senior unsecured debentures due June 1, 2025. The Rating Outlook is Stable. The new notes will rank pari passu with WEPCO's existing senior unsecured obligations. Net proceeds will be used to repay short-term debt, working capital, and other corporate purposes. Fitch last affirmed the Issuer Default Rating and other Security Ratings of WEPCO on Sept 30, 2014.
Fitch: Settlement Agreement Paves the Way for Approval of WEC-Integrys Merger in Michigan
Business Wire - Thu Jan 15, 10:30AM CST
Wisconsin Energy Corp. (WEC) cleared a significant hurdle in getting its proposed acquisition of Integrys Energy Group, Inc. (Integrys) approved in the state of Michigan following a settlement agreement reached with several parties, including the state Governor, the Michigan Public Service Commission (MPSC) staff, and Upper Peninsula Power Co. (UPPCO). In Fitch's view, the agreement bears no impact on WEC's ratings.
TEG: 69.66 (-1.01), WEC: 47.88 (+0.64)