WEC Energy Group Dividend
What is WEC Energy Group current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|WEC Energy Group Dividend Yield vs Market|
|Market Bottom 25% (US)||1.7%|
|Market Top 25% (US)||4.7%|
|Industry Average (Integrated Utilities)||3.2%|
|Analyst forecast in 3 Years (WEC)||3.4%|
Notable Dividend: WEC's dividend (3.07%) is higher than the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: WEC's dividend (3.07%) is low compared to the top 25% of dividend payers in the US market (4.68%).
Stability and Growth of Payments
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.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.8%), WEC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (308.4%), WEC's dividend payments are not well covered by cash flows.