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%.
For more information on the declaration, record and payment dates, visit the WEC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
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%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.