Wec Energy Group's most recent dividend payment of $0.893 per share was made to shareholders on record before Feb 14, 2025. The payout stands at $3.4 per share annually, which works out to a dividend yield of 3.16%. The latest WEC stock dividend of $0.893 is an increase from the previous $0.835 distribution, representing a growth of 7%.
Key dates
- WEC last dividend date: Feb 14, 2025
WEC dividend stats
vs. Utilities sector
Dividend yield
Wec Energy Group's dividend yield of 3.16% is higher than its peers average but lower than the Utilities sector and the industry average. But in comparison with the Utilities sector average of 3.17%, Wec Energy Group's dividend yield is only 0.3% lower. The historical 5-year average of WEC's dividend yield is 3.2%, which is in line with the current one.
Dividend history
Wec Energy Group has been paying dividends for the last 31 years. According to our data WEC has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 7% for the last year. However since the stock price has gone up by 26% from a year ago, the dividend yield has decreased by 15%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Feb 14, 2025 | $0.893 | 3.3% |
| Nov 14, 2024 | $0.835 | 3.47% |
| Aug 14, 2024 | $0.835 | 3.66% |
| May 13, 2024 | $0.835 | 3.81% |
| Feb 13, 2024 | $0.835 | 4.15% |
| Nov 13, 2023 | $0.78 | 3.93% |
| Aug 11, 2023 | $0.78 | 3.54% |
| May 11, 2023 | $0.78 | 3.21% |
| Feb 13, 2023 | $0.78 | 3.18% |
| Nov 10, 2022 | $0.728 | 3.09% |
| Aug 11, 2022 | $0.728 | 2.74% |
| May 12, 2022 | $0.728 | 2.79% |
| Feb 11, 2022 | $0.728 | 3.03% |
| Nov 10, 2021 | $0.678 | 2.99% |
| Aug 12, 2021 | $0.678 | 2.79% |
| May 13, 2021 | $0.678 | 2.73% |
| Feb 11, 2021 | $0.678 | 3.07% |
| Nov 12, 2020 | $0.633 | 2.47% |
| Aug 13, 2020 | $0.633 | 2.72% |
| May 13, 2020 | $0.633 | 2.88% |
| Feb 13, 2020 | $0.633 | 2.37% |
| Nov 13, 2019 | $0.59 | 2.69% |
| Aug 13, 2019 | $0.59 | 2.59% |
| May 13, 2019 | $0.59 | 2.86% |
| Feb 13, 2019 | $0.59 | 3.03% |
| Nov 13, 2018 | $0.553 | 3.13% |
| Aug 13, 2018 | $0.553 | 3.26% |
| May 11, 2018 | $0.553 | 3.47% |
| Feb 13, 2018 | $0.553 | 3.46% |
| Nov 13, 2017 | $0.52 | 3.04% |
| Aug 10, 2017 | $0.52 | 3.18% |
| May 10, 2017 | $0.52 | 3.36% |
| Feb 10, 2017 | $0.52 | 3.48% |
| Nov 9, 2016 | $0.495 | 3.52% |
| Aug 10, 2016 | $0.495 | 3.12% |
| May 11, 2016 | $0.495 | 3.14% |
| Feb 10, 2016 | $0.495 | 3.22% |
| Nov 10, 2015 | $0.458 | 3.52% |
| Aug 12, 2015 | $0.234 | 3.29% |
| Jun 24, 2015 | $0.207 | 4% |
| May 12, 2015 | $0.423 | 3.43% |
| Feb 11, 2015 | $0.423 | 3.08% |
Wec Energy Group dividend payout ratio
Payout ratio
Wec Energy Group's payout ratio of 66.1% is above the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 62.5%, Wec Energy Group's payout ratio is 6% higher.
Total amount of dividends paid per financial year (from cash flow)
WEC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AVA Avista Corp | 4.85% | $1.92 | 81.5% |
| DUK Duke Energy CORP | 3.56% | $4.16 | 69% |
| LNT Alliant Energy Corp | 3.32% | $1.98 | 68.1% |
| WEC Wec Energy Group Inc | 3.24% | $3.4 | 66.1% |
| XEL Xcel Energy Inc | 3.22% | $2.21 | 65.1% |
| DTE Dte Energy Co | 3.18% | $4.22 | 57% |
| CMS Cms Energy Corp | 3.01% | $2.12 | 62.4% |
| AEE Ameren Corp | 2.85% | $2.72 | 60.2% |
| MGEE Mge Energy Inc | 1.97% | $1.78 | 50.2% |
| PCG PG&E Corp | 0.41% | $0.07 | 6.4% |
Frequently asked questions
Does Wec Energy Group pay a dividend?
Yes, Wec Energy Group has paid four dividends in the last 12 months. WEC has been paying dividends since 1994.
When was WEC's last dividend?
Wec Energy Group's last dividend ex-date was on Feb 14, 2025. The dividend amount was $0.893 per share.
How much dividend does Wec Energy Group pay (per share)?
WEC has paid dividend of $3.4 per share in the last year.
What is Wec Energy Group's dividend yield?
The current dividend yield of Wec Energy Group is 3.16%.
How often does Wec Energy Group pay dividends?
Wec Energy Group has a quarterly dividend frequency.
What is Wec Energy Group's dividend payout ratio?
The dividend payout ratio of Wec Energy Group is 66.1%.
Does Wec Energy Group pay a good dividend?
Wec Energy Group's dividend yield is in line with the Utilities sector average.
Special dividends are included in TTM DPS and yield.