Wisconsin Electric Declares $0.90 Dividend on 3.60% Preferred Stock

Wisconsin Electric Power Co. set a $0.90 quarterly dividend for its 3.60% Series preferred shares after declaring the payment Oct. 15. Holders of record Nov. 13 are scheduled to receive it Dec. 1. The preferred stock trades over the counter under ticker WELPP. Its terms provide for cumulative dividends at a 3.60% rate, paid quarterly. Wisconsin Electric does business as We Energies and is a subsidiary of WEC Energy Group. The announcement also set a separate $1.50-per-share payment for its Six Per Cent Preferred Stock dividend , payable Jan. 31, 2027, to holders of record Jan. 14, 2027.

Source: TokenPost