SmarterDividends
WEC

WEC Energy Group, Inc.

WEC24 yrs growth

Utilities · Stock · quarterly payer

Forward Yield

3.43%

Annual Dividend

$3.81

Payout Ratio

73%

5-Yr Growth

7.1%

Ex-Date

May 14, 2026

Frequency

Quarterly

WEC Dividend Safety Score

86/ 100
Grade A

Very Safe

Dividend-growth streak24 consecutive years of growth
Cut historyCut its dividend in 2001
Earnings payout coverage73% of earnings paid out
Balance-sheet strengthDebt/equity of 1.53
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is WEC a good dividend stock?

Yes

WEC Energy Group, Inc. (WEC) pays a quarterly dividend yielding 3.43% ($3.81/yr), with 24 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 24 consecutive years of dividend growth
  • Strong 7.1% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2001

Key Data

Dividend Yield
3.43%
Payout Ratio
73%
Annual Dividend
$3.81
5-Yr Avg Growth
7.1%
Ex-Dividend Date
May 14, 2026
Years of Growth
24
Frequency
quarterly
Beta
0.47
Market Cap
$36.2B
P/E Ratio
22.3
5-Yr Total Return
26%
52-Week Range
$102.49 – $119.62
Dividend Safety
A · 86/100
Ever Cut?
Yes (2001)
WEC ex-dividend date & scheduleNext ex-date May 14, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $3.81 / yr per share

Per payment (quarterly)$95.25
Annual$381.00
Monthly avg$31.75