WEC (WEC Energy Group) Dividend Payout Ratio : 1.02 (As of Sep. 2024)

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What is WEC Energy Group Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. WEC Energy Group's Dividend Payout Ratio for the months ended in Sep. 2024 was 1.02.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of WEC Energy Group Inc is 0.72, which seems too high.

The historical rank and industry rank for WEC Energy Group's Dividend Payout Ratio or its related term are showing as below:

WEC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.56 Med: 0.67 Max: 0.72
Current: 0.72

During the past 13 years, the highest Dividend Payout Ratio of WEC Energy Group was 0.72. The lowest was 0.56. And the median was 0.67.

WEC's Dividend Payout Ratio is ranked worse than
69.92% of 369 companies
in the Utilities - Regulated industry
Industry Median: 0.53 vs WEC: 0.72

As of today (2024-12-12), the Dividend Yield % of WEC Energy Group is 3.49%.

During the past 13 years, the highest Trailing Annual Dividend Yield of WEC Energy Group was 4.15%. The lowest was 2.25%. And the median was 3.03%.

WEC Energy Group's Dividends per Share for the months ended in Sep. 2024 was $0.84.

During the past 12 months, WEC Energy Group's average Dividends Per Share Growth Rate was 7.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of WEC Energy Group was 24.40% per year. The lowest was -20.00% per year. And the median was 6.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

WEC Energy Group Dividend Payout Ratio Historical Data

The historical data trend for WEC Energy Group's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WEC Energy Group Dividend Payout Ratio Chart

WEC Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.68

0.67

0.66

0.67

WEC Energy Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.78	0.71	0.42	1.25	1.02

Competitive Comparison of WEC Energy Group's Dividend Payout Ratio

For the Utilities - Regulated Electric subindustry, WEC Energy Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

WEC Energy Group's Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, WEC Energy Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where WEC Energy Group's Dividend Payout Ratio falls into.

WEC Energy Group Dividend Payout Ratio Calculation

WEC Energy Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	3.12	/	4.63
	=	0.67

WEC Energy Group's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.835	/	0.82
	=	1.02

WEC Energy Group (NYSE:WEC) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

WEC Energy Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of WEC Energy Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

WEC Energy Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » WEC Energy Group Inc (NYSE:WEC) » Definitions » Dividend Payout Ratio

Comparable Companies

ETR EIX ED DTE PPL AEE EXC FE ES XEL NEE SO DUK LSE:NG. PCG AEP D PEG BOM:532555 BOM:532898

Traded in Other Exchanges

1WEC:Italy 0LSL:UK WIC:Germany WIC:Germany W1EC34:Brazil

Address

231 West Michigan Street, P.O. Box 1331, Milwaukee, WI, USA, 53201

Website

https://www.wecenergygroup.com

WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 48% electric generation and distribution, 36% gas distribution, 10% electric transmission, and 6% unregulated renewable energy.

Executives

Gale E Klappa	director, officer: President	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Scott J Lauber	officer: Vice President and Treasurer	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Ulice Jr Payne	director	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Anthony Reese	officer: Vice President and Treasurer	231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Mary Beth Straka	officer: Sr. VP-Corp Comm & Inv. Rel.	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
William J Guc	officer: Vice President & Controller	130 EAST RANDOLPH DRIVE, CHICAGO IL 60601
Joshua M Erickson	officer: VP and Deputy General Counsel	231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Ave M Bie	director	231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Glen E Tellock	director	1725 SHEPHERD ROAD, CHATTANOOGA TN 37421
William Mastoris	officer: EVP-Cust. Svc. and Operations	231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Robert M Garvin	officer: Senior Vice President	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Molly A Mulroy	officer: EVP & Chief Admin Officer	231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Tom Metcalfe	officer: Exec. VP - Generation	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Thomas K Lane	director	51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078
Cristina A Garcia-thomas	director	231 WEST MICHIGAN STREET, MILWAUKEE WI 53203