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WEC Wec Energy Group dividend history, payout ratio & dates

Wec Energy Group's most recent quarterly dividend payment of $0.728 per share was made to shareholders on record before Aug 11, 2022. The payout stands at $2.86 per share annually, which works out to a dividend yield of 3.12%. The latest WEC stock dividend of $0.728 is a decrease from the previous $0.728 distribution, representing a change of -0.1%.

Key dates

  • WEC last dividend date: Aug 11, 2022
  • WEC next dividend date: Not announced
WEC dividend stats
DPS
$2.86
Dividend yield
3.12%
Payout ratio
66.1%
vs. Utilities sector
Dividend yield
3.3%
Payout ratio
63.5%

Dividend yield

What is Wec Energy Group current dividend yield

Wec Energy Group's dividend yield of 3.12% is lower than the Utilities sector, the industry and its peers average. In comparison with the Utilities sector average of 3.3%, Wec Energy Group's dividend yield is 5% lower. The historical 5-year average of WEC's dividend yield is 2.9%, which is lower than the current one.

Dividend history

What is WEC dividend payout history and dates

Wec Energy Group has been paying dividends for the last 28 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. And since the stock price has gone up by 3.1% from a year ago, the dividend yield has increased by 4.1%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 11, 2022 Sep 1, 2022 Jul 21, 2022 $0.728 normal
May 12, 2022 Jun 1, 2022 Apr 21, 2022 $0.728 normal
Feb 11, 2022 Mar 1, 2022 Dec 2, 2021 $0.728 normal
Nov 10, 2021 Dec 1, 2021 Oct 21, 2021 $0.678 normal
Aug 12, 2021 Sep 1, 2021 Jul 15, 2021 $0.678 normal
May 13, 2021 Jun 1, 2021 Apr 15, 2021 $0.678 normal
Feb 11, 2021 Mar 1, 2021 Dec 3, 2020 $0.678 normal
Nov 12, 2020 Dec 1, 2020 Oct 15, 2020 $0.633 normal
Aug 13, 2020 Sep 1, 2020 Jul 16, 2020 $0.633 normal
May 13, 2020 Jun 1, 2020 Apr 16, 2020 $0.633 normal
Feb 13, 2020 Mar 1, 2020 Dec 5, 2019 $0.633 normal
Nov 13, 2019 Dec 1, 2019 Oct 17, 2019 $0.59 normal
Aug 13, 2019 Sep 1, 2019 Jul 18, 2019 $0.59 normal
May 13, 2019 Jun 1, 2019 Apr 18, 2019 $0.59 normal
Feb 13, 2019 Mar 1, 2019 Dec 6, 2018 $0.59 normal
Nov 13, 2018 Dec 1, 2018 Oct 18, 2018 $0.553 normal
Aug 13, 2018 Sep 1, 2018 Jul 19, 2018 $0.553 normal
May 11, 2018 Jun 1, 2018 Apr 19, 2018 $0.553 normal
Feb 13, 2018 Mar 1, 2018 Dec 7, 2017 $0.553 normal
Nov 13, 2017 Dec 1, 2017 Oct 19, 2017 $0.52 normal
Aug 10, 2017 Sep 1, 2017 Jul 20, 2017 $0.52 normal
May 10, 2017 Jun 1, 2017 Apr 20, 2017 $0.52 normal
Feb 10, 2017 Mar 1, 2017 Dec 1, 2016 $0.52 normal
Nov 9, 2016 Dec 1, 2016 Oct 20, 2016 $0.495 normal
Aug 10, 2016 Sep 1, 2016 Jul 21, 2016 $0.495 normal
May 11, 2016 Jun 1, 2016 Apr 21, 2016 $0.495 normal
Feb 10, 2016 Mar 1, 2016 Dec 3, 2015 $0.495 normal
Nov 10, 2015 Dec 1, 2015 Oct 15, 2015 $0.458 normal
Aug 12, 2015 Sep 1, 2015 Jun 12, 2015 $0.234 normal

Wec Energy Group dividend payout ratio

What is Wec Energy Group dividend payout ratio compared to the sector

Payout ratio

Wec Energy Group's payout ratio of 66.1% is above the Utilities sector average but below the industry and its peers average. But compared to its Utilities sector average of 63.5%, Wec Energy Group's payout ratio is only 4.1% higher.

Total amount of dividends paid per financial year (from cash flow)

WEC dividend vs peer dividends

How does WEC dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
AVA Avista Corp 4.52% $1.74 83.4%
DUK Duke Energy CORP 4.16% $3.96 80%
WEC Wec Energy Group Inc 3.12% $2.86 66.1%
LNT Alliant Energy Corp 3.09% $1.69 60.9%
CMS Cms Energy Corp 3.04% $1.82 39.9%
DTE Dte Energy Co 2.99% $3.54 90.1%
XEL Xcel Energy Inc 2.94% $1.92 63.9%
AEE Ameren Corp 2.81% $2.32 59.2%
MGEE Mge Energy Inc 2.3% $1.57 54.6%

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 is Wec Energy Group's next dividend?

Currently WEC's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in November 2022.

When was WEC's last dividend?

Wec Energy Group's last dividend ex-date was on Aug 11, 2022. The dividend amount was $0.728 per share.

How much dividend does Wec Energy Group pay (per share)?

WEC has paid dividend of $2.86 per share in the last year.

What is Wec Energy Group's dividend yield?

The current dividend yield of Wec Energy Group is 3.12%.

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 lower than the Utilities sector average.