SmarterDividends
WELPP

Wisconsin Electric Power Company PFD 3.60%

WELPP

Stock · quarterly payer

$62.02

Overvalued · -24% Add to Portfolio

Forward Yield

5.80%

Annual Dividend

$3.60

Payout Ratio

—

5-Yr Growth

0.0%

Ex-Date

Nov 13, 2026

Frequency

Quarterly

Key facts about WELPP's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Wisconsin Electric Power Company PFD 3.60% (WELPP) has a forward dividend yield of 5.80%, based on an annual dividend of $3.60 per share and a share price of $62.02.
  • As of Oct 18, 2026, WELPP's dividend safety grade from SmarterDividends is A (96 out of 100), which rates the dividend as very safe.
  • WELPP has never cut its regular dividend in the payment history SmarterDividends has on record.
  • WELPP's next ex-dividend date is Nov 13, 2026, with payment on Dec 1, 2026. Shares must be owned before that date to receive the dividend.
  • WELPP's dividend has been roughly flat over the past five years.
  • As of Oct 18, 2026, WELPP's 5.80% yield is 17% above its five-year average yield of 4.97%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for WELPP is $47.11 per share, 24% below the $62.02 share price, so WELPP screens as overvalued.
  • Wisconsin Electric Power Company PFD 3.60% (WELPP) pays its dividend quarterly, 4 times a year.
  • Wisconsin Electric Power Company PFD 3.60% (WELPP) has raised its regular dividend 0 times and cut it 0 times across the 128 payments on record since 1994. The regular dividend has not changed in that time.
Cite this page

SmarterDividends, "WELPP Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/WELPP

Summary

As of Oct 18, 2026, Wisconsin Electric Power Company PFD 3.60% (WELPP) yields 5.80% ($3.60 a year per share) and has a dividend safety grade of A (96/100).

Is WELPP a good dividend stock?

Yes

Wisconsin Electric Power Company PFD 3.60% (WELPP) pays a quarterly dividend yielding 5.80% ($3.60/yr), with 0 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

  • Never cut its dividend on record
  • Top-tier dividend safety score

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
5.80%
Payout Ratio
—
Annual Dividend
$3.60
5-Yr Avg Growth
0.0%
Ex-Dividend Date
Nov 13, 2026
Years of Growth
0
Frequency
quarterly
Beta
—
Market Cap
—
P/E Ratio
6.1
5-Yr Total Return
-33%
52-Week Range
$62.02 – $67.55
Dividend Safety
A · 96/100
Ever Cut?
No

WELPP dividend raises and cuts

Wisconsin Electric Power Company PFD 3.60% (WELPP) has raised its regular dividend 0 times and cut it 0 times across the 128 payments on record since 1994. The regular dividend has not changed in that time.

Every WELPP payment →Download every raise and cut (CSV)
WELPP ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →WELPP dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is WELPP a good dividend stock?

Yes. Wisconsin Electric Power Company PFD 3.60% (WELPP) pays a quarterly dividend yielding 5.80% ($3.60/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is WELPP undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, WELPP's fair value is about $47.11 versus a $62.02 share price — so it looks overvalued (-24% vs. fair value).

Is WELPP's dividend safe?

WELPP has a dividend-safety grade of A (96/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is WELPP's fair value?

Our blended fair-value estimate for WELPP is about $47.11 per share, about 24% below the current $62.02 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is WELPP a buy, hold, or sell?

We don't issue formal ratings, but on the data WELPP screens as "yes" and overvalued. Wisconsin Electric Power Company PFD 3.60% (WELPP) pays a quarterly dividend yielding 5.80% ($3.60/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will WELPP cut its dividend?

WELPP earns a dividend-safety grade of A (96/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does WELPP pay a dividend?

Yes. Wisconsin Electric Power Company PFD 3.60% pays a quarterly dividend of about $3.60 per share annually, a forward yield of roughly 5.80%.

What is WELPP's dividend yield?

As of Oct 18, 2026, WELPP's forward dividend yield is 5.80%, based on a $3.60 annual dividend and a $62.02 share price.

What is WELPP's dividend per share?

As of Oct 18, 2026, WELPP pays $3.60 per share per year, distributed on a quarterly basis.

How many years has WELPP grown its dividend?

WELPP does not currently have a long dividend-growth streak on record.

When is the next WELPP ex-dividend date?

As of Oct 18, 2026, the next ex-dividend date on record for WELPP is Nov 13, 2026.

Income Calculator

At $3.60 / yr per share

Per payment (quarterly)$90.00
Annual$360.00
Monthly avg$30.00

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