WEC Energy Group said its 2026-2030 capital plan projects capital expenditures of $36.5 billion, an increase of $8.5 billion compared with its previous five-year plan. The company said this plan supports long-term EPS growth of 7.0% to 8.0%.

1. 01

   WEC Energy Group said its 2026-2030 capital plan projects capital expenditures of $36.5 billion, an increase of $8.5 billion compared with its previous five-year plan. The company said this plan supports long-term EPS growth of 7.0% to 8.0%.

2. 02

   The company said the board of directors announced on December 4, 2025 its plan to raise the quarterly dividend to 95.25 cents per share for Q1 2026, equivalent to an annual rate of $3.81 per share, a 6.7% increase. WEC Energy Group said it expects to grow its dividend at a rate of 6.5-7% and is targeting a payout ratio of 65-70% of earnings.

3. 03

   WEC Energy Group provided 2025 EPS guidance of $5.17 to $5.27 and 2026 guidance of $5.51 to $5.61, with the 2026 guidance midpoint of $5.56 per share. The company said both guidance ranges do not reflect potential adjustments including regulatory disallowances and goodwill impairment.

4. 04

   For 2026-2030 (in billions), WEC Energy Group projected capital expenditures of $32.3 excluding ATC capital, cash from operations of $20.5 to $21.5, incremental debt of $13.7 to $14.3, and common equity of $4.8 to $5.2. Cash uses include dividends of $7.6 to $7.8.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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