WEC Energy Group Dividends and Buybacks
Dividend criteria checks 4/6
WEC Energy Group is a dividend paying company with a current yield of 3.79% that is well covered by earnings. Next payment date is on 1st March, 2025 with an ex-dividend date of 14th February, 2025.
Key information
3.8%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | 0.4% |
| Next dividend pay date | 01 Mar 25 |
| Ex dividend date | 14 Feb 25 |
| Dividend per share | US$3.570 |
| Payout ratio | 80% |
Recent dividend and buyback updates
Recent updates
WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year
Dec 09
WEC Energy: A Consistent Dividend Grower To Buy Now
Nov 27Slowing Rates Of Return At WEC Energy Group (NYSE:WEC) Leave Little Room For Excitement
Nov 24WEC Energy: 3 Reasons Why The Stock Isn't A Sell Going Into Q3 Earnings
Oct 28WEC Energy Group, Inc. (NYSE:WEC) Investors Are Less Pessimistic Than Expected
Sep 28WEC Energy: A Rare Combo Of Value And Dividend Growth
Aug 01Here's Why WEC Energy Group (NYSE:WEC) Has A Meaningful Debt Burden
Aug 01Is WEC Energy Group, Inc. (NYSE:WEC) Trading At A 21% Discount?
Jul 16We Like These Underlying Return On Capital Trends At WEC Energy Group (NYSE:WEC)
Jun 10WEC Energy: Still An Attractive Utility Play While NextEra Energy Surges
Jun 03Subdued Growth No Barrier To WEC Energy Group, Inc.'s (NYSE:WEC) Price
May 23WEC Energy Group's Large Project Pipeline Keeps Growth Flowing
May 22WEC Energy Group: A Dividend Aristocrat In The Making
May 06WEC Energy: A Standout Utility Company With Strong Dividend Growth And Yield
Apr 08Calculating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)
Mar 29WEC Energy Hasn't Been This Attractive In 10 Years - Time To Load Up
Mar 06Subdued Growth No Barrier To WEC Energy Group, Inc.'s (NYSE:WEC) Price
Feb 20WEC Energy Group: A High-Quality Dividend Compounder To Buy Now
Feb 13WEC Energy Group's (NYSE:WEC) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 22WEC Energy Group (NYSE:WEC) Hasn't Managed To Accelerate Its Returns
Jan 12WEC Energy Is A Long Term Buy
Dec 30WEC Energy Group: Christmas Came Early With A 7% Dividend Boost
Dec 21WEC Energy: Fully Valued, Buy The Dip Or The Preferred For Higher Yield
Oct 20WEC Energy Group: Well Positioned For A Recession, But The Stock Is Not Cheap
Aug 31WEC Energy Group: A Core Portfolio Dividend Growth Play
Jun 27WEC Energy Q4 2022 Earnings Preview
Feb 01WEC Energy raises quarterly dividend by 23.3% to $0.90/share
Jan 19WEC Energy Group: An Attractive Name For The Long Term
Jan 09Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WEC's dividends per share have been stable in the past 10 years.
Growing Dividend: WEC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| WEC Energy Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WEC) | 3.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Integrated Utilities) | 3.5% |
| Analyst forecast (WEC) (up to 3 years) | 4.0% |
Notable Dividend: WEC's dividend (3.79%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: WEC's dividend (3.79%) is low compared to the top 25% of dividend payers in the US market (4.52%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.3%), WEC's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (274.2%), WEC's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 06:34 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
WEC Energy Group, Inc. is covered by 39 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jacob Kilstein | Argus Research Company |
| Finbarr MacCarthy | Atlantic Equities LLP |
| David Parker | Baird |