Wisconsin Energy, Wisconsin Electric Declare Quarterly Dividends

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^{Published in Business and Finance on Thursday, October 20th 2011 at 19:01 GMT by Market Wire}  

Wisconsin Energy, Wisconsin Electric Declare Quarterly Dividends -- MILWAUKEE, Oct. 20, 2011 /PRNewswire/ --

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MILWAUKEE, Oct. 20, 2011 /PRNewswire/ -- The boards of directors of Wisconsin Energy Corporation (NYSE: [ WEC ]) and Wisconsin Electric Power Co. today declared regular quarterly dividends.

Wisconsin Energy

The Wisconsin Energy board of directors declared a quarterly dividend of 26 cents a share on the company's common stock.  The dividend is payable Dec. 1, 2011, to stockholders of record on Nov. 14, 2011.  This marks the 277th consecutive quarter – dating back to 1942 – that the company will have paid a dividend to its stockholders.

Wisconsin Electric

The Wisconsin Electric board of directors today declared a quarterly dividend of 90 cents a share on the Preferred Stock, 3.60% Series, payable Dec. 1, 2011, to stockholders of record on Nov. 14, 2011.  The board also declared a quarterly dividend of $1.50 a share on the Six Per Cent Preferred Stock payable Jan. 31, 2012, to stockholders of record on Jan. 13, 2012.

Wisconsin Energy Corporation (NYSE: [ WEC ]), based in Milwaukee, is one of the nation's premier energy companies, serving more than 1.1 million electric customers in Wisconsin and Michigan's Upper Peninsula and more than 1 million natural gas customers in Wisconsin.  The company's principal utility is We Energies.  The company's other major subsidiary, We Power, designs, builds and owns electric generating plants.

Wisconsin Energy Corporation ([ www.wisconsinenergy.com ]), a component of the

S&P 500, has more than $13 billion of assets, approximately 4,600 employees and over 43,000 registered stockholders.

Wisconsin Electric Power Co., doing business as We Energies, is a subsidiary of Wisconsin Energy Corporation (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 [ www.we-energies.com ].

SOURCE Wisconsin Energy Corporation

RELATED LINKS
[ http://www.wisconsinenergy.com ]