WEC Energy Group declares quarterly dividend
Board declares 95.25 cents per share dividend, payable Sept. 1, 2026.
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Midwestern regulated energy holding company
wecenergygroup.comLast updated
In short: WEC Energy Group reported increased net income and profits driven by surging electricity demand from data centers and industrial customers.
Board declares 95.25 cents per share dividend, payable Sept. 1, 2026.
CEO Scott Lauber praised Gale Klappa's retirement and announced record capital plan and dividend increases.
Net income rises to $804.4 million or $2.45 per share from $724.2 million last year. Revenues reach $3.4 billion. Reaffirms 2026 EPS guidance of $5.51-$5.61.
Reports GAAP net income of $1.6B ($4.81/share), adjusted $5.27/share (up 8%). Reaffirms 2026 guidance $5.51-$5.61/share. Increases dividend 6.7%.
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WEC Energy Group reported higher second-quarter earnings and reaffirmed its full-year 2026 earnings...
The utility reaffirmed 2026 EPS guidance of $5.51–$5.61, driven by data center load growth, while citing risks from VLC tariff uncertainty and Oracle litigation.
WEC Energy Group reported a nearly 22% rise in second-quarter profit on Wednesday, as higher electricity sales to commercial and industrial customers like data centers...
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