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Wisconsin Energy Corporation (WEC) declares $0.34/share quarterly dividend, 13.3% increase from...

Wisconsin Energy Corporation (WEC) declares $0.34/share quarterly dividend, 13.3% increase from prior dividend of $0.30. Forward yield 3.57%. For shareholders of record Feb. 14. Payable Mar. 01. Ex-div date Feb. 12. The board affirms dividend payout policy of 60% of earnings in 2014 and 65-70% in 2017. (PR)
Comments (1)
  • new guy1001
    , contributor
    Comments (11) | Send Message
     
    I like the nice increase in dividend, but not all that thrilled about increase the % payout policy. At some point the dividend increases will stop.
    17 Jan 2013, 04:20 PM Reply Like
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