WEC Energy Group Aktie News

The Utility sector has struggled due to rising interest rates and inflation, resulting in share price declines and high dividend yields. California Water Service Group, Alliant Energy, and WEC Energy Group are identified as buying opportunities in the utility sector. These companies have faced challenges but offer strong dividend growth, and solid dividend safety, and are undervalued compared t...

WEC Energy Group, Inc. (NYSE:WEC ) Q3 2023 Earnings Conference Call October 31, 2023 2:00 PM ET Company Participants Gale Klappa - Executive Chairman Scott Lauber - President and Chief Executive Officer Xia Liu - Executive Vice President and Chief Financial Officer Conference Call Participants Shar Pourreza - Guggenheim Ross Fowler - UBS Michael Sullivan - Wolfe Research Julien Dumoulin-Smith -...

MILWAUKEE , Oct. 31, 2023 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $316.0 million, or $1.00 per share, for the third quarter of 2023 — up from $302.0 million, or 96 cents per share, in last year's third quarter. For the first nine months of 2023, the company recorded net income of $1.11 billion, or $3.52 per share — down from $1.16 billion, or $3.65 per share, i...

MILWAUKEE , Oct. 24, 2023 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2023 third-quarter earnings news release before the stock market opens Tuesday, Oct. 31. A conference call for investors and security analysts is scheduled for the same day at 1 p.m.

WEC Energy Group is a quality large-cap utility with 4.6 million retail customers, serving Wisconsin, Illinois, Michigan, and Minnesota. The company is rapidly moving away from coal generation, by investing in renewables, and hopes to phase coal out entirely by 2035.

MILWAUKEE , Oct. 19, 2023 /PRNewswire/ -- The Wisconsin Electric board of directors today declared a quarterly cash dividend of 90 cents per share on the company's Preferred Stock, 3.60% Series, payable Dec. 1, 2023, to stockholders of record on Nov. 14, 2023. The board also declared a quarterly cash dividend of $1.50 per share on the company's Six Per Cent Preferred Stock, payable Jan. 31, 202...

MILWAUKEE , Oct. 19, 2023 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 78 cents per share on the company's common stock. The dividend is payable Dec. 1, 2023, to stockholders of record on Nov. 14, 2023.

The crisis-like selloff in the utilities sector, resulting from the spike in interest rates, has created historically attractive buying opportunities for a number of stocks, KeyBanc Capital's Sophie Karp wrote.