Company: WEC Energy Group Inc. (WEC)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: WEC Energy Group’s electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC’s asset mix is approximately 48% electric generation and distribution, 36% gas distribution, 10% electric transmission, and 6% unregulated renewable energy. -Morningstar.com-
Symbol: WEC
Recent Price: $89.06
Dividends: $3.34
Yield: 3.75%
Sector: Utilities
Industry: Utilities-Regulated Electric
Address & Company Phone #: 231 W. Michigan St. Milwaukee WI 53201, 414-221-2345
Transfer Agent: Computershare 800-558-9663
Moody’s Rating: Baa1
Minimum & Maximum Investment: $25 – $100,000/year
Investment Dates: 1st & 15th of each month
Shares to Qualify: 1 Share or $250
Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+5¢/sh. Cert: $0! Sells: by Phone or Mail for $25+12¢/sh.
52 Week High & Low: $99.26, $75.13