WEC Energy Group Dividend yield

WEC Energy Group is part of Gas Water and Multiutilities business, which is part of Utilities industry. WEC Energy Group is a company from USA, and his stocks are publicly traded.

WEC Energy Group stock dividend

WEC Energy Group paid a total dividend of 983 million USD last year, for a market value of 26,498 millions (Market Cap 26,497 millions). WEC Energy Group dividend per share is 3.12 USD, and his stock market price 84.12 USD.

According to the chart below, where dividend yield is displayed, WEC Energy Group has a dividend yield of 3.71%, which is similar to the amount offered by both the market average and companies from USA. However, it is lower than the average of Utilities industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare WEC Energy Group stocks dividend with other Gas Water and Multiutilities companies or other of the highest USA dividend stocks list.

WEC Energy Group Dividend Payout

About the ability of WEC Energy Group to maintain his current dividend of USD 3.12 per share, an amount that accounts for 3.71%, we should study its payout ratio both on earnings and on cash-flows (see chart below). WEC Energy Group payout on ernings is currently 69.80%, which is higher than the market average, and companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that WEC Energy Group can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of WEC Energy Group is USD 6.52 per share, which is higher than the dividend per share paid by the company of USD 3.12, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of WEC Energy Group, compared againt world market average, USA companies, Utilities industry and Gas Water and Multiutilities sector companies.

WEC Energy Group Dividend History

Below you will find a table with the historical evolution of WEC Energy Group's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	3.71%	3.12	69.80%	315
2022	3.10%	2.91	70.46%	315
2021	2.79%	2.71	71.13%	315
2020	2.75%	2.53	70.47%	315
2019	2.56%	2.36	70.45%	315
2018	3.19%	2.21	69.94%	316
2017	3.13%	2.08	69.80%	316
2016	3.54%	1.98	98.51%	318
2015	3.71%	1.83	98.92%	318

*In millions

Then you can see the evolution of WEC Energy Group dividend stock, and compare it with the average of USA stocks and that of the Gas Water and Multiutilities stocks.

WEC Energy Group Stock performance

Finally, last moth WEC Energy Group showed a return of -6.40% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a -18.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Gas Water and Multiutilities firms.