WEC Energy Group, Inc.
WECUtilities · Stock · quarterly payer
Forward Yield
3.69%
Annual Dividend
$3.81
Payout Ratio
72%
5-Yr Growth
7.1%
Ex-Date
Aug 14, 2026
Frequency
Quarterly
Summary
As of September 2026, WEC Energy Group, Inc. (WEC) yields 3.69% ($3.81 per share annually), with a blended fair-value estimate of $114.03 — +11% upside, so it screens as fairly valued. Dividend safety grade: A (84/100). 10 years of dividend growth.
Is WEC a good dividend stock?
YesWEC Energy Group, Inc. (WEC) pays a quarterly dividend yielding 3.69% ($3.81/yr), with 10 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
- 10 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
- 3.69%
- Payout Ratio
- 72%
- Annual Dividend
- $3.81
- 5-Yr Avg Growth
- 7.1%
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 10
- Frequency
- quarterly
- Beta
- 0.46
- Market Cap
- $33.6B
- P/E Ratio
- 20.0
- 5-Yr Total Return
- 15%
- 52-Week Range
- $102.86 – $119.91
- Dividend Safety
- A · 84/100
- Ever Cut?
- Yes (2001)
Frequently Asked Questions
WEC Price — Last 12 Months
Daily close
Price Return
1 Year
-8%
3 Years
+27%
5 Years
+15%
52-Week Range
$102.86 – $119.91
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is WEC worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for WEC Energy Group, Inc. is $114.03 per share, versus a market price of $103.17. That implies the stock is roughly fairly priced.
Fair Value
$114.03
Current Price
$103.17
Gap
+11%
Margin of Safety
10%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 8.2% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.0% discount rate (CAPM), 8.2% stage-1 growth, 2.5% terminal growth, $5.15 EPS, $3.81 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
WEC Dividend Safety Score
Very Safe
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | — | $0.9530 | regular |
| May 14, 2026 | — | $0.9530 | regular |
| Feb 13, 2026 | — | $0.9530 | regular |
| Nov 14, 2025 | — | $0.8930 | regular |
| Aug 14, 2025 | — | $0.8930 | regular |
| May 14, 2025 | — | $0.8930 | regular |
| Feb 14, 2025 | — | $0.8930 | regular |
| Nov 14, 2024 | — | $0.8350 | regular |
| Aug 14, 2024 | — | $0.8350 | regular |
| May 13, 2024 | — | $0.8350 | regular |
| Feb 13, 2024 | — | $0.8350 | regular |
| Nov 13, 2023 | — | $0.7800 | regular |
| Aug 11, 2023 | — | $0.7800 | regular |
| May 11, 2023 | — | $0.7800 | regular |
Income Calculator
At $3.81 / yr per share
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