MILWAUKEE, April 26 /PRNewswire-FirstCall/ -- The boards of directors of Wisconsin Energy Corporation and Wisconsin Electric Power Company have declared regular quarterly dividends.
Wisconsin Energy
The Wisconsin Energy board of directors today declared a quarterly dividend of 25 cents a share on the company's common stock. The dividend is payable June 1, 2007, to stockholders of record on May 14, 2007.
Wisconsin Electric
Also today, the board of directors of Wisconsin Electric Power Co. declared a quarterly dividend of 90 cents a share on the Preferred Stock, 3.60% Series, payable on June 1, 2007, to stockholders of record on May 14, 2007. The board further declared a quarterly dividend of $1.50 a share on the Six Per Cent. Preferred Stock payable on July 31, 2007, to stockholders of record on July 13, 2007.
Wisconsin Energy Corporation , 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 utilities are We Energies and Edison Sault Electric. The company's non-utility businesses include renewable energy technology and real estate development. Wisconsin Energy Corporation (http://www.wisconsinenergy.com/) has more than $11 billion of assets, 5,200 employees and approximately 53,000 stockholders of record.
We Energies serves more than 1.1 million electric customers in Wisconsin and Michigan's Upper Peninsula and more than 1 million natural gas customers in Wisconsin. Its energy prices are approximately 10 percent below the average for major U.S. cities. We Energies is the trade name of Wisconsin Electric Power Company and Wisconsin Gas LLC, the principal utility subsidiaries of Wisconsin Energy Corporation .
