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Security Details
- Coupon Rate
- 3.60%
- Liquidation Preference
- $100.00
- Call Price
- $101.00
- Call / Redemption Date
- —
- Maturity Date
- None
- Distribution Period
- Q
- Rate Type
- Fixed
- Annual Distribution
- 3.60
- Distribution Dates
- 3/1, 6/1, 9/1 & 12/1
- Credit Ratings
- Moody's Baa1 · S&P NR (6/15/2025)
- Tax-Advantaged Dividends
- Yes
Security Profile
- CUSIP
- 976656306
- Market Cap
- Micro Cap · $14 Million
- Parent Company
- WEC Energy Group, Inc. (WEC)
Business: Wisconsin Electric Power Co., 3.60% Series, Serial Preferred Stock, par value $100 per share, redeemable any time at the company's option at $101 per share plus accrued and unpaid dividends, and with no stated maturity. Distributions of 3.60% ($3.60) are paid quarterly on 3/1, 6/1, 9/1 & 12/1. Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders. Wisconsin Electric Power Co. is a wholly-owned subsidiary of Wisconsin Energy Corp. (NYSE: WEC).
Company Contact
- CEO
- Richard A. Abdoo
- CFO
- Paul Donovan
- Headquarters
- 231 West Michigan Street, Milwaukee, WI 53201
- Phone
- 414-221-2345 · Toll-Free 800-558-9663
- Fax
- 414-221-2884
- Investor Relations
- Colleen Henderson · 414-221-2592 · colleen.henderson@wepco.com