MILWAUKEE, Oct. 20, 2016 /PRNewswire/ -- The Wisconsin Electric board of directors today declared a quarterly cash dividend of 90 cents a share on the company's Preferred Stock, 3.60% Series, payable Dec. 1, 2016, to stockholders of record on Nov. 12, 2016.
The board also declared a quarterly cash dividend of $1.50 a share on the company's Six Per Cent Preferred Stock, payable Jan. 31, 2017, to stockholders of record on Jan. 13, 2017.
Wisconsin Electric Power Company, doing business as We Energies, is a subsidiary of WEC Energy Group (NYSE: WEC). The company serves more than 1.1 million electric customers in Wisconsin and Michigan's Upper Peninsula and more than 460,000 natural gas customers in Wisconsin. Visit the We Energies website at we-energies.com.
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SOURCE Wisconsin Electric Power Company