WEC Energy Group has increased its quarterly dividend per share for the 22nd year in a row. The electric and gas utility is expected to achieve its annual adjusted diluted EPS growth target of 6.5% to 7%. Additionally, WEC Energy's strong financial position can back its $28 billion capital spending plan over the next five years.
WEC's earnings and revenues for the fourth quarter of 2024 have risen compared to the previous year. At the same time, total operating expenses have decreased.
WEC Energy Group, Inc. (NYSE:WEC) will hold its Q4 2024 Earnings Conference Call on February 4, 2025, at 2:00 PM ET. The call will feature company leaders, including President and CEO Scott Lauber and CFO Xia Liu, along with various analysts from different financial firms. Please note that this call is being recorded, and all participants are currently in listen-only mode.
WEC Energy Group (WEC) reported quarterly earnings of $1.43 per share, which is slightly below the Zacks Consensus Estimate of $1.44 per share. This is an increase compared to earnings of $1.10 per share from the same period last year.
MILWAUKEE, Feb. 4, 2025 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) announced a net income of $1.5 billion, or $4.83 per share, for the year 2024, according to generally accepted accounting principles (GAAP). This is an increase from the previous year's earnings of $1.3 billion, which was $4.22 per share in 2023.
MILWAUKEE, Jan. 28, 2025 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will release its earnings report for the fourth quarter and the entire year of 2024 before the stock market opens on Tuesday, February 4. An investor and analyst conference call will take place on the same day at 1 p.m.
OCALA, Fla.--(BUSINESS WIRE)--The World Equestrian Center: Changing Ocala's Real Estate Scene Ocala and Marion County, famous for their equestrian culture, beautiful farms, and friendly atmosphere, are known as the "Horse Capital of the World." The World Equestrian Center (WEC), which opened in January 2021, is a modern facility that has significantly impacted the area. "The World Equestrian Center has greatly influenced land prices in the region."
MILWAUKEE, Jan. 16, 2025 /PRNewswire/ -- The board of directors at Wisconsin Electric announced a quarterly cash dividend of 90 cents per share for the 3.60% Series of Preferred Stock, which will be paid on March 1, 2025, to shareholders recorded by February 14, 2025. Additionally, a quarterly cash dividend of $1.50 per share for the Six Per Cent Preferred Stock was declared, set to be paid on April 30, 2025, to shareholders recorded by April 14, 2025.
On January 16, 2025, WEC Energy Group's board of directors announced a quarterly cash dividend of 89.25 cents per share for its common stock. This is a 6.9 percent increase from the previous dividend of 83.50 cents per share. As a result, the annual dividend rate is now $3.57 per share.
WEC Energy (WEC) is now considered an oversold stock, meaning that the intense selling pressure has likely ended. Additionally, many Wall Street analysts are raising their earnings estimates, suggesting that the stock may change direction soon.