MILWAUKEE, July 16, 2015 /PRNewswire/ -- 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.

Wisconsin Electric Power Company, doing business as We Energies, is a subsidiary of WEC Energy Group (NYSE: WEC). The company serves more than 1.1 million electric customers in Wisconsin and Michigan's Upper Peninsula and more than 460,000 natural gas customers in Wisconsin. Visit the We Energies website at we-energies.com.

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SOURCE We Energies

Brian Manthey (news media), 414-221-4444, brian.manthey@we-energies.com; Colleen F. Henderson, CFA (analysts), 414-221-2592, colleen.henderson@wecenergygroup.com