WEC Energy Group, Inc. ( WEC ) will begin trading ex-dividend on February 10, 2016. A cash dividend payment of $0.495 per share is scheduled to be paid on March 01, 2016. Shareholders who purchased WEC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8.2% increase over the prior quarter.
The previous trading day's last sale of WEC was $57.46, representing a -1.19% decrease from the 52 week high of $58.15 and a 27.89% increase over the 52 week low of $44.93.
WEC is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXCU ). WEC's current earnings per share, an indicator of a company's profitability, is $2.32. Zacks Investment Research reports WEC's forecasted earnings growth in 2016 as 6.82%, compared to an industry average of 1.9%.
Interested in gaining exposure to WEC through an Exchange Traded Fund [ETF]?
The following ETF(s) have WEC as a top-10 holding:
- PowerShares DWA Utilities Momentum Portfolio ( PUI )
- iShares Morningstar Mid-Cap ETF ( JKI )
- PowerShares Russell Midcap Pure Value Portfolio ( PXMV ).
The top-performing ETF of this group is PUI with an increase of 14.06% over the last 100 days. It also has the highest percent weighting of WEC at 4.1%.