Upcoming Dividend • May 07
Upcoming dividend of US$0.95 per share Eligible shareholders must have bought the stock before 14 May 2026. Payment date: 01 June 2026. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (3.9%). Annuncio • May 07
WEC Energy Group Reaffirms Earnings Guidance for 2026 WEC Energy Group reaffirmed earnings guidance for 2026. For the period, the company expects earnings of $5.51 per share to $5.61 per share. Reported Earnings • May 06
First quarter 2026 earnings released: EPS: US$2.47 (vs US$2.28 in 1Q 2025) First quarter 2026 results: EPS: US$2.47 (up from US$2.28 in 1Q 2025). Revenue: US$3.43b (up 9.0% from 1Q 2025). Net income: US$804.4m (up 11% from 1Q 2025). Profit margin: 23% (in line with 1Q 2025). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year. Declared Dividend • Apr 19
Fourth quarter dividend of US$0.95 announced Shareholders will receive a dividend of US$0.95. Ex-date: 14th May 2026 Payment date: 1st June 2026 Dividend yield will be 3.2%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (74% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Apr 17
WEC Energy Group Declares Quarterly Dividend, Payable on June 1, 2026 The board of directors of WEC Energy Group declared a quarterly cash dividend of 95.25 cents per share on the company's common stock. The dividend is payable June 1, 2026, to stockholders of record on May 14, 2026. Annuncio • Feb 27
WEC Energy Group, Inc., Annual General Meeting, May 07, 2026 WEC Energy Group, Inc., Annual General Meeting, May 07, 2026. Reported Earnings • Feb 06
Full year 2025 earnings released: EPS: US$4.84 (vs US$4.83 in FY 2024) Full year 2025 results: EPS: US$4.84 (up from US$4.83 in FY 2024). Revenue: US$9.80b (up 14% from FY 2024). Net income: US$1.56b (up 2.0% from FY 2024). Profit margin: 16% (down from 18% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year. Upcoming Dividend • Feb 06
Upcoming dividend of US$0.95 per share Eligible shareholders must have bought the stock before 13 February 2026. Payment date: 01 March 2026. Payout ratio is a comfortable 66% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of British dividend payers (5.3%). Lower than average of industry peers (4.1%). Annuncio • Feb 05
WEC Energy Group, Inc. Reaffirms Earnings Guidance for the Year 2026 WEC Energy Group, Inc. reaffirmed earnings guidance for the year 2026. The company reaffirmed its 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 the company's short-term projected EPS growth guidance. The company's long-term EPS growth over the next five years is projected to be 7 to 8% on a compound annual basis. Annuncio • Jan 06
WEC Energy Group, Inc. to Report Fiscal Year 2025 Results on Feb 05, 2026 WEC Energy Group, Inc. announced that they will report fiscal year 2025 results at 6:00 AM, Central Standard Time on Feb 05, 2026 Declared Dividend • Dec 15
Third quarter dividend of US$0.95 announced Shareholders will receive a dividend of US$0.95. Ex-date: 13th February 2026 Payment date: 1st March 2026 Dividend yield will be 3.5%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Nov 07
Upcoming dividend of US$0.89 per share Eligible shareholders must have bought the stock before 14 November 2025. Payment date: 01 December 2025. Payout ratio is a comfortable 66% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of British dividend payers (5.5%). Lower than average of industry peers (4.6%). Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: US$0.84 (vs US$0.76 in 3Q 2024) Third quarter 2025 results: EPS: US$0.84 (up from US$0.76 in 3Q 2024). Revenue: US$2.10b (up 13% from 3Q 2024). Net income: US$271.3m (up 13% from 3Q 2024). Profit margin: 13% (in line with 3Q 2024). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year. Annuncio • Oct 30
WEC Energy Group, Inc. Reaffirms Earnings Guidance for the Year 2025 WEC Energy Group, Inc. reaffirmed earnings guidance for the year 2025. For the period, the company reaffirms earnings guidance of $5.17 to $5.27 per share. This assumes normal weather for the remainder of the year. Declared Dividend • Oct 20
Second quarter dividend of US$0.89 announced Shareholders will receive a dividend of US$0.89. Ex-date: 14th November 2025 Payment date: 1st December 2025 Dividend yield will be 3.1%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but not covered by cash flows (dividend approximately 7x free cash flows). The dividend has increased by an average of 7.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Oct 16
WEC Energy Group Declares Quarterly Cash Dividend, Payable on December 1, 2025 The board of directors of WEC Energy Group declared a quarterly cash dividend of 89.25 cents per share on the company's common stock. The dividend is payable December 1, 2025, to stockholders of record on November 14, 2025. Upcoming Dividend • Aug 07
Upcoming dividend of US$0.89 per share Eligible shareholders must have bought the stock before 14 August 2025. Payment date: 01 September 2025. Payout ratio is a comfortable 66% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of British dividend payers (5.4%). Lower than average of industry peers (4.9%). Reported Earnings • Jul 31
Second quarter 2025 earnings released: EPS: US$0.77 (vs US$0.67 in 2Q 2024) Second quarter 2025 results: EPS: US$0.77 (up from US$0.67 in 2Q 2024). Revenue: US$2.01b (up 13% from 2Q 2024). Net income: US$245.4m (up 16% from 2Q 2024). Profit margin: 12% (in line with 2Q 2024). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year. Annuncio • Jul 30
WEC Energy Group, Inc. Reaffirms Earnings Guidance for the Year 2025 WEC Energy Group, Inc. reaffirmed earnings guidance for the year 2025. For the year, the company is reaffirming its earnings guidance of $5.17 per share to $5.27 per share. Declared Dividend • Jul 21
First quarter dividend of US$0.89 announced Shareholders will receive a dividend of US$0.89. Ex-date: 14th August 2025 Payment date: 1st September 2025 Dividend yield will be 3.3%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but not covered by cash flows (241% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jul 18
WEC Energy Group, Inc. Declares Quarterly Cash Dividend, Payable on September 1, 2025 WEC Energy Group, Inc.'s board of directors declared a quarterly cash dividend of 89.25 cents per share on the company's common stock. The dividend is payable September 1, 2025, to stockholders of record on August 14, 2025. Annuncio • Jul 17
WEC Energy Group, Inc. to Report Q3, 2025 Results on Oct 30, 2025 WEC Energy Group, Inc. announced that they will report Q3, 2025 results at 6:00 AM, Central Standard Time on Oct 30, 2025 Annuncio • May 07
WEC Energy Group, Inc. to Report Q2, 2025 Results on Jul 30, 2025 WEC Energy Group, Inc. announced that they will report Q2, 2025 results at 6:00 AM, Central Standard Time on Jul 30, 2025 Upcoming Dividend • May 07
Upcoming dividend of US$0.89 per share Eligible shareholders must have bought the stock before 14 May 2025. Payment date: 01 June 2025. Payout ratio is a comfortable 49% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (5.2%). Declared Dividend • Apr 20
Fourth quarter dividend of US$0.89 announced Shareholders will receive a dividend of US$0.89. Ex-date: 14th May 2025 Payment date: 1st June 2025 Dividend yield will be 3.1%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but not covered by cash flows (264% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Apr 18
WEC Energy Group, Inc. Declares Quarterly Cash Dividend, Payable on June 1, 2025 The board of directors of WEC Energy Group declared a quarterly cash dividend of 89.25 cents per share on the company's common stock. The dividend is payable June 1, 2025, to stockholders of record on May 14, 2025. This marks the 331st consecutive quarter — dating back to 1942 — that the company will have paid a dividend to its stockholders. Annuncio • Feb 27
WEC Energy Group, Inc., Annual General Meeting, May 08, 2025 WEC Energy Group, Inc., Annual General Meeting, May 08, 2025. Annuncio • Feb 08
WEC Energy Group, Inc. to Report Q1, 2025 Results on May 06, 2025 WEC Energy Group, Inc. announced that they will report Q1, 2025 results at 6:00 AM, Central Standard Time on May 06, 2025 Upcoming Dividend • Feb 07
Upcoming dividend of US$0.89 per share Eligible shareholders must have bought the stock before 14 February 2025. Payment date: 01 March 2025. Payout ratio is a comfortable 69% but the company is paying out more than the cash it is generating. Trailing yield: 3.5%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (5.7%). Reported Earnings • Feb 04
Full year 2024 earnings released: EPS: US$4.83 (vs US$4.22 in FY 2023) Full year 2024 results: EPS: US$4.83 (up from US$4.22 in FY 2023). Revenue: US$8.60b (down 3.3% from FY 2023). Net income: US$1.53b (up 15% from FY 2023). Profit margin: 18% (up from 15% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year. Annuncio • Feb 04
WEC Energy Group, Inc. Reaffirms Earnings Guidance for the Year 2025 WEC Energy Group, Inc. reaffirmed earnings guidance for the year 2025. For the year, the company's earnings are expected to be in a range of $5.17 to $5.27 per share. The midpoint of the range is $5.22 per share. Annuncio • Jan 21
WEC Energy Group, Inc. to Report Q4, 2024 Results on Feb 04, 2025 WEC Energy Group, Inc. announced that they will report Q4, 2024 results at 6:00 AM, Central Standard Time on Feb 04, 2025 Annuncio • Jan 17
WEC Energy Group, Inc. Declares Quarterly Cash Dividend, Payable on March 1, 2025 The board of directors of WEC Energy Group declared a quarterly cash dividend of 89.25 cents per share on the company's common stock, an increase of 6.9% over the current quarterly dividend of 83.50 cents per share. This raises the annual dividend rate to $3.57 per share. The higher dividend is payable March 1, 2025, to stockholders of record on Feb. 14, 2025. Declared Dividend • Dec 16
Third quarter dividend of US$0.89 announced Shareholders will receive a dividend of US$0.89. Ex-date: 14th February 2025 Payment date: 1st March 2025 Dividend yield will be 3.5%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (274% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Dec 10
WEC Energy Group Appoints Maria Bocanegra as President — Peoples Gas and North Shore Gas, effective January 2, 2025 WEC Energy Group announced that Maria Bocanegra, previously the chief legal and government relations officer at the Port of Cleveland, has been named president — Peoples Gas and North Shore Gas, effective January 2, 2025. Bocanegra will have primary responsibility for managing the daily operations, strategy and administrative activities of the two Illinois utilities, which together provide safe, reliable natural gas service to nearly 1 million customers in Chicago and 54 communities in its northern suburbs. She will report to Lauber. Bocanegra holds a bachelor's degree in political science from Quincy University and a juris doctor from DePaul University College of Law. Prior to her position at the Port of Cleveland, Bocanegra served as a commissioner with the Illinois Commerce Commission. There, she regulated electric, natural gas and water utilities and engaged in outreach on energy and water issues with the City of Chicago. Earlier, she was an administrative law judge for the Illinois Workers' Compensation Commission and a Leadership Academy fellow for the City of Chicago Latino Caucus Foundation. She also was an attorney with the law firm of Katz Friedman. Annuncio • Dec 06
WEC Energy Group, Inc. Announces Plan to Increase the Quarterly Dividend in the First Quarter of 2025, Payable on March 1, 2025 The board of directors of WEC Energy Group announced that it is planning to raise the quarterly dividend on the company's common stock to 89.25 cents per share in the first quarter of 2025. This would represent an increase of 5.75 cents per share, or 6.9%. The directors expect to declare the new dividend at their regularly scheduled meeting in January, 2025. The dividend — which would be equivalent to an annual rate of $3.57 per share — would be payable March 1, 2025, to stockholders of record on February 14, 2025. Upcoming Dividend • Nov 07
Upcoming dividend of US$0.83 per share Eligible shareholders must have bought the stock before 14 November 2024. Payment date: 01 December 2024. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 3.5%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (5.9%). Annuncio • Nov 01
WEC Energy Group, Inc. Affirms Earnings Guidance for the Year 2024 WEC Energy Group, Inc. affirmed earnings guidance for the year 2024. For the year, company affirmed earnings guidance range of $4.74 to $4.84 per share on a GAAP basis. This assumes normal weather for the remainder of the year. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$0.76 (vs US$1.00 in 3Q 2023) Third quarter 2024 results: EPS: US$0.76 (down from US$1.00 in 3Q 2023). Revenue: US$1.86b (down 4.8% from 3Q 2023). Net income: US$240.1m (down 24% from 3Q 2023). Profit margin: 13% (down from 16% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year. Declared Dividend • Oct 21
Second quarter dividend of US$0.83 announced Shareholders will receive a dividend of US$0.83. Ex-date: 14th November 2024 Payment date: 1st December 2024 Dividend yield will be 3.3%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (75% earnings payout ratio) but not covered by cash flows (174% cash payout ratio). The dividend has increased by an average of 7.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Aug 15
Now 21% undervalued Over the last 90 days, the stock has risen 4.2% to US$88.82. The fair value is estimated to be US$112, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period. Annuncio • Aug 08
WEC Energy Group, Inc. has filed a Follow-on Equity Offering in the amount of $1.5 billion. WEC Energy Group, Inc. has filed a Follow-on Equity Offering in the amount of $1.5 billion.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Upcoming Dividend • Aug 07
Upcoming dividend of US$0.83 per share Eligible shareholders must have bought the stock before 14 August 2024. Payment date: 01 September 2024. Payout ratio is a comfortable 75% but the company is paying out more than the cash it is generating. Trailing yield: 3.8%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (6.0%). Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: US$0.67 (vs US$0.92 in 2Q 2023) Second quarter 2024 results: EPS: US$0.67 (down from US$0.92 in 2Q 2023). Revenue: US$1.77b (down 3.2% from 2Q 2023). Net income: US$211.3m (down 27% from 2Q 2023). Profit margin: 12% (down from 16% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year. Annuncio • Jul 31
WEC Energy Group, Inc. Reaffirms Earnings Guidance for the Year 2024 WEC Energy Group, Inc. reaffirmed earnings guidance for the year 2024. For the year, the company is reaffirming its earnings guidance of $4.80 per share to $4.90 per share. This assumes normal weather for the remainder of the year. Declared Dividend • Jul 22
First quarter dividend of US$0.83 announced Shareholders will receive a dividend of US$0.83. Ex-date: 14th August 2024 Payment date: 1st September 2024 Dividend yield will be 4.0%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but not covered by cash flows (163% cash payout ratio). The dividend has increased by an average of 8.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jul 19
WEC Energy Group, Inc. Declares Quarterly Dividend, Payable on Sept 1, 2024 WEC Energy Group, Inc. declared a quarterly cash dividend of 83.50 cents per share on the company's common stock. The dividend is payable Sept. 1, 2024, to stockholders of record on Aug. 14, 2024. This marks the 328th consecutive quarter — dating back to 1942 — that the company will have paid a dividend to its stockholders. Buy Or Sell Opportunity • Jul 16
Now 21% undervalued Over the last 90 days, the stock has risen 2.3% to US$79.77. The fair value is estimated to be US$100, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 2.8%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 8.1% per annum over the same time period. Upcoming Dividend • May 07
Upcoming dividend of US$0.83 per share Eligible shareholders must have bought the stock before 13 May 2024. Payment date: 01 June 2024. Payout ratio is a comfortable 69% but the company is paying out more than the cash it is generating. Trailing yield: 4.0%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (5.6%). Annuncio • May 03
WEC Energy Group, Inc. Reaffirms Earnings Guidance for 2024 WEC Energy Group, Inc. reaffirmed earnings guidance for 2024. The company is reaffirming its 2024 earnings guidance of $4.80 to $4.90 per share. This assumes normal weather for the remainder of the year. Reported Earnings • May 01
First quarter 2024 earnings released: EPS: US$1.97 (vs US$1.61 in 1Q 2023) First quarter 2024 results: EPS: US$1.97 (up from US$1.61 in 1Q 2023). Revenue: US$2.68b (down 7.2% from 1Q 2023). Net income: US$622.3m (up 23% from 1Q 2023). Profit margin: 23% (up from 18% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Declared Dividend • Apr 23
Fourth quarter dividend of US$0.83 announced Shareholders will receive a dividend of US$0.83. Ex-date: 13th May 2024 Payment date: 1st June 2024 Dividend yield will be 3.9%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (74% earnings payout ratio) but not covered by cash flows (201% cash payout ratio). The dividend has increased by an average of 8.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Apr 20
WEC Energy Group, Inc. to Report Q2, 2024 Results on Jul 31, 2024 WEC Energy Group, Inc. announced that they will report Q2, 2024 results at 6:00 AM, Central Standard Time on Jul 31, 2024 Annuncio • Apr 19
WEC Energy Group, Inc. Declares Quarterly Dividend, Payable on June 1, 2024 The board of directors of WEC Energy Group declared a quarterly cash dividend of 83.50 cents per share on the company's common stock. The dividend is payable June 1, 2024, to stockholders of record on May 14, 2024. This marks the 327th consecutive quarter — dating back to 1942 — that the company will have paid a dividend to its stockholders. Buy Or Sell Opportunity • Apr 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.6% to US$79.07. The fair value is estimated to be US$99.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 3.2%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 9.1% per annum over the same time period. Annuncio • Mar 29
WEC Energy Group, Inc., Annual General Meeting, May 09, 2024 WEC Energy Group, Inc., Annual General Meeting, May 09, 2024, at 13:30 Central Standard Time. Agenda: To consider election of Directors; to consider Ratification of Deloitte & Touche LLP as independent auditors for 2024; to Advisory vote to approve executive compensation of the named executive officers; and to Amendment of company's Restated Articles of Incorporation to increase the number of authorized shares of common stock. Buy Or Sell Opportunity • Mar 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.4% to US$78.60. The fair value is estimated to be US$99.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 3.2%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 9.1% per annum over the same time period. Buy Or Sell Opportunity • Mar 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.0% to US$77.40. The fair value is estimated to be US$97.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 3.2%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 9.0% per annum over the same time period. Reported Earnings • Feb 25
Full year 2023 earnings released: EPS: US$4.22 (vs US$4.46 in FY 2022) Full year 2023 results: EPS: US$4.22 (down from US$4.46 in FY 2022). Revenue: US$8.89b (down 7.3% from FY 2022). Net income: US$1.33b (down 5.4% from FY 2022). Profit margin: 15% (in line with FY 2022). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 1% per year. Upcoming Dividend • Feb 06
Upcoming dividend of US$0.83 per share at 4.3% yield Eligible shareholders must have bought the stock before 13 February 2024. Payment date: 01 March 2024. Payout ratio is a comfortable 74% but the company is paying out more than the cash it is generating. Trailing yield: 4.3%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (5.6%). Reported Earnings • Feb 01
Full year 2023 earnings released: EPS: US$4.22 (vs US$4.46 in FY 2022) Full year 2023 results: EPS: US$4.22 (down from US$4.46 in FY 2022). Revenue: US$8.89b (down 7.3% from FY 2022). Net income: US$1.33b (down 5.4% from FY 2022). Profit margin: 15% (in line with FY 2022). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 2% per year. Annuncio • Jan 21
WEC Energy Group, Inc. to Report Q1, 2024 Results on May 01, 2024 WEC Energy Group, Inc. announced that they will report Q1, 2024 results Pre-Market on May 01, 2024 Annuncio • Jan 20
WEC Energy Group, Inc. to Report Q4, 2023 Results on Feb 01, 2024 WEC Energy Group, Inc. announced that they will report Q4, 2023 results at 6:00 AM, Central Standard Time on Feb 01, 2024 Annuncio • Jan 19
WEC Energy Group, Inc. Declares Quarterly Cash Dividend, Payable on March 1, 2024 The board of directors of WEC Energy Group declared a quarterly cash dividend of 83.50 cents per share on the company's common stock, an increase of 7% over the current quarterly dividend of 78 cents per share. This raises the annual dividend rate to $3.34 per share. The higher dividend is payable March 1, 2024, to stockholders of record on February 14, 2024. Annuncio • Dec 22
WEC Energy Group, Inc. Plans to Increase Dividend in the First Quarter of 2024, Payable March 1, 2024 The board of directors of WEC Energy Group announced that it is planning to raise the quarterly dividend on the company's common stock to 83.50 cents per share in the first quarter of 2024. This would represent an increase of 5.5 cents per share, or 7%. 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 $3.34 per share would be payable March 1, 2024, to stockholders of record on February 14, 2024. Upcoming Dividend • Nov 06
Upcoming dividend of US$0.78 per share at 3.7% yield Eligible shareholders must have bought the stock before 13 November 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 3.7%. Lower than top quartile of British dividend payers (6.4%). Lower than average of industry peers (5.7%). Annuncio • Nov 01
Wec Energy Group, Inc. Reaffirms Earnings Guidance for 2023 WEC Energy Group, Inc. reaffirmed earnings guidance for 2023. For the year, company The company is reaffirmed annual earnings guidance of $4.58 to $4.62 per share, with an expectation of completing the year in the upper half of the range. Reported Earnings • Oct 31
Third quarter 2023 earnings released: EPS: US$1.00 (vs US$0.96 in 3Q 2022) Third quarter 2023 results: EPS: US$1.00 (up from US$0.96 in 3Q 2022). Revenue: US$1.96b (down 2.3% from 3Q 2022). Net income: US$316.0m (up 4.6% from 3Q 2022). Profit margin: 16% (up from 15% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 1.8% decline forecast for the Integrated Utilities industry in Europe. Annuncio • Oct 20
WEC Energy Group Declares Quarterly Dividend, Payable on December 1, 2023 The board of directors of WEC Energy Group declared a quarterly cash dividend of 78 cents per share on the company's common stock. The dividend is payable December 1, 2023, to stockholders of record on November 14, 2023. This marks the 325th consecutive quarter — dating back to 1942 — that the company will have paid a dividend to its stockholders. Upcoming Dividend • Aug 04
Upcoming dividend of US$0.78 per share at 3.5% yield Eligible shareholders must have bought the stock before 11 August 2023. Payment date: 01 September 2023. Payout ratio is a comfortable 70% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of British dividend payers (6.2%). Lower than average of industry peers (5.7%). Annuncio • Aug 03
WEC Energy Group, Inc. to Report Q3, 2023 Results on Oct 31, 2023 WEC Energy Group, Inc. announced that they will report Q3, 2023 results at 6:00 AM, Central Standard Time on Oct 31, 2023 Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: US$0.92 (vs US$0.91 in 2Q 2022) Second quarter 2023 results: EPS: US$0.92 (up from US$0.91 in 2Q 2022). Revenue: US$1.83b (down 14% from 2Q 2022). Net income: US$289.7m (flat on 2Q 2022). Profit margin: 16% (up from 14% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Integrated Utilities industry in Europe. Recent Insider Transactions • May 11
Independent Director recently sold US$142k worth of stock On the 9th of May, Ulice Payne sold around 2k shares on-market at roughly US$94.36 per share. This transaction amounted to 6.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$236k more than they bought in the last 12 months. Upcoming Dividend • May 05
Upcoming dividend of US$0.78 per share at 3.3% yield Eligible shareholders must have bought the stock before 11 May 2023. Payment date: 01 June 2023. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (5.4%). Reported Earnings • May 02
First quarter 2023 earnings released: EPS: US$1.61 (vs US$1.79 in 1Q 2022) First quarter 2023 results: EPS: US$1.61 (down from US$1.79 in 1Q 2022). Revenue: US$2.89b (flat on 1Q 2022). Net income: US$507.5m (down 10% from 1Q 2022). Profit margin: 18% (down from 20% in 1Q 2022). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 1% per year. Annuncio • Feb 19
WEC Energy Group, Inc. to Report Q1, 2023 Results on May 01, 2023 WEC Energy Group, Inc. announced that they will report Q1, 2023 results at 6:00 AM, Central Standard Time on May 01, 2023 Upcoming Dividend • Feb 06
Upcoming dividend of US$0.78 per share at 3.3% yield Eligible shareholders must have bought the stock before 13 February 2023. Payment date: 01 March 2023. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of British dividend payers (5.4%). Lower than average of industry peers (4.9%). Reported Earnings • Feb 04
Full year 2022 earnings released: EPS: US$4.46 (vs US$4.12 in FY 2021) Full year 2022 results: EPS: US$4.46 (up from US$4.12 in FY 2021). Revenue: US$9.60b (up 15% from FY 2021). Net income: US$1.41b (up 8.3% from FY 2021). Profit margin: 15% (in line with FY 2021). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Annuncio • Feb 01
WEC Energy Group, Inc. (NYSE:WEC) agreed to acquire 80% stake in Samson I Solar Energy Center for approximately $250 million. WEC Energy Group, Inc. (NYSE:WEC) agreed to acquire 80% stake in Samson I Solar Energy Center for approximately $250 million on January 31, 2022. The transaction is subject to receiving all necessary regulatory approvals. Recent Insider Transactions • Nov 30
Independent Director recently sold US$93k worth of stock On the 28th of November, Ulice Payne sold around 950 shares on-market at roughly US$97.59 per share. This transaction amounted to 4.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$94k more than they bought in the last 12 months. Recent Insider Transactions • Nov 16
Independent Director recently bought US$91k worth of stock On the 8th of November, Glen Tellock bought around 1k shares on-market at roughly US$91.39 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$12k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Nov 11
Independent Director recently bought US$91k worth of stock On the 8th of November, Glen Tellock bought around 1k shares on-market at roughly US$91.39 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$12k more in shares than they have sold in the last 12 months. Upcoming Dividend • Nov 03
Upcoming dividend of US$0.73 per share Eligible shareholders must have bought the stock before 10 November 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (5.3%). Reported Earnings • Nov 02
Third quarter 2022 earnings released: EPS: US$0.96 (vs US$0.92 in 3Q 2021) Third quarter 2022 results: EPS: US$0.96 (up from US$0.92 in 3Q 2021). Revenue: US$2.00b (up 15% from 3Q 2021). Net income: US$302.0m (up 4.1% from 3Q 2021). Profit margin: 15% (down from 17% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Aug 04
Upcoming dividend of US$0.73 per share Eligible shareholders must have bought the stock before 11 August 2022. Payment date: 01 September 2022. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 2.8%. Lower than top quartile of British dividend payers (5.1%). Lower than average of industry peers (4.9%). Reported Earnings • Aug 03
Second quarter 2022 earnings released: EPS: US$0.91 (vs US$0.88 in 2Q 2021) Second quarter 2022 results: EPS: US$0.91 (up from US$0.88 in 2Q 2021). Revenue: US$2.13b (up 27% from 2Q 2021). Net income: US$287.5m (up 4.2% from 2Q 2021). Profit margin: 14% (down from 17% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 6.2% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year. Recent Insider Transactions • Jun 04
Independent Director recently sold US$79k worth of stock On the 31st of May, Ulice Payne sold around 750 shares on-market at roughly US$105 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought US$351k more than they sold in the last 12 months. Upcoming Dividend • May 05
Upcoming dividend of US$0.73 per share Eligible shareholders must have bought the stock before 12 May 2022. Payment date: 01 June 2022. Payout ratio is a comfortable 64% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (4.6%). Lower than average of industry peers (4.3%).