The board of directors of WEC Energy Group (NYSE: WEC) today announced that it is planning to raise the quarterly dividend on the company’s common stock to 95.25 cents per share in the first quarter of 2026. This would represent an increase of 6.0 cents per share, or 6.7 percent.

The directors expect to declare the new dividend at their regularly scheduled meeting in January. The dividend — which would be equivalent to an annual rate of $3.81 per share — would be payable March 1, 2026, to stockholders of record on Feb. 13, 2026.

“The board’s review today is consistent with our ongoing plan targeting a dividend payout ratio of 65 to 70 percent of earnings,” said Scott Lauber, president and CEO. “The projected dividend for 2026 is in line with the company’s objective to grow the dividend at a 6.5 to 7 percent compound annual rate.”

In addition, the company introduced earnings guidance for 2026. Calendar year 2026 earnings are expected to be in a range of $5.51 to $5.61 per share, which is consistent with our short-term projected EPS growth guidance. Our long-term EPS growth over the next five years is projected to be 7 to 8 percent on a compound annual basis.

WEC Energy