## WEC Energy Group’s Wisconsin Electric Declares Quarterly Preferred Dividends, Signaling Financial Stability Amidst Energy Transition
**MILWAUKEE, WI – January 22, 2026** – WEC Energy Group (NYSE: WEC), a prominent energy utility company, announced today through its subsidiary Wisconsin Electric Power Co., doing business as We Energies, the declaration of its quarterly cash dividends for two series of preferred stock. This move underscores the company’s consistent commitment to returning value to shareholders while navigating the complex landscape of the evolving energy sector.
The board of directors approved a quarterly cash dividend of $0.90 per share on the company’s 3.60% Series Preferred Stock. This dividend is scheduled to be paid on March 1, 2026, to stockholders of record as of February 13, 2026. Additionally, a quarterly cash dividend of $1.50 per share was declared on the Six Per Cent Preferred Stock, with a payment date of April 30, 2026, for shareholders of record on April 14, 2026.
These dividend declarations come at a critical juncture for utility companies like WEC Energy Group. As the nation increasingly focuses on decarbonization and renewable energy sources, utilities are faced with significant capital expenditures to modernize their infrastructure and transition their energy portfolios. WEC Energy Group has been proactively investing in this transition, with substantial commitments towards expanding its renewable energy generation capacity, including wind and solar projects, and enhancing its grid infrastructure to support the integration of these cleaner sources.
The consistent payment of preferred stock dividends signals a robust financial position and a disciplined approach to capital management. For preferred stockholders, these fixed dividend payments offer a degree of income stability, which is particularly attractive in a fluctuating market environment. The yields on these preferred issues, at 3.60% and 6.00% respectively, reflect current market conditions and the risk profile associated with preferred equity.
We Energies, serving over 1.1 million electric customers and more than 490,000 natural gas customers across Wisconsin, plays a vital role in the state’s economic and energy landscape. The company’s service territory, a region with a significant industrial and agricultural base, requires a reliable and increasingly sustainable energy supply. WEC Energy Group’s strategic investments are crucial not only for meeting regulatory requirements and investor expectations but also for ensuring the long-term energy security and economic vitality of Wisconsin.
The company’s ongoing investments in grid modernization and its diversified energy generation strategy, which includes a balanced approach to natural gas, renewables, and exploring emerging technologies, position it to manage the dual demands of maintaining reliable service while pursuing environmental sustainability goals. These dividend declarations, therefore, can be viewed as a testament to the company’s confidence in its operational performance and its strategic vision for a cleaner energy future.
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