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Wisconsin Energy Hikes Dividend

Sets a 1-cent rise.

Wisconsin Energy

(WEC) - Get WEC Energy Group Inc Report

, the Milwaukee-based energy company, raised its quarterly dividend to 23 cents from 22 cents.

The dividend is payable March 1, 2006 to stockholders of record on Feb. 14, 2006.

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Wisconsin Electric Power, the main utilities subsidiary of Wisconsin Energy, also declared a dividend of 90 cents on its 3.60% preferred stock, payable March 1 to stock of record Feb. 14.

This story was created through a joint venture between and IRIS.