MILWAUKEE, April 20, 2017 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 52 cents per share on the company's common stock.
The dividend is payable June 1, 2017, to stockholders of record on May 12, 2017. This marks the 299th consecutive quarter – dating back to 1942 – that the company will have paid a dividend to its stockholders.
WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving 4.4 million customers in Wisconsin, Illinois, Michigan and Minnesota.
The company's principal utilities are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources. The company's other major subsidiary, We Power, designs, builds and owns electric generating plants.
WEC Energy Group (wecenergygroup.com), a component of the S&P 500, has approximately $29 billion of assets, 8,000 employees and 55,000 stockholders of record.
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SOURCE WEC Energy Group
Brian Manthey (news media), 414-221-4444, brian.manthey@we-energies.com or Beth Straka (investment community), 414-221-4639, beth.straka@wecenergygroup.com