WEC Energy Group, Inc. (WEC) Yield on Cost (YOC): 3.24%
The yield on cost (YOC) for WEC Energy Group, Inc. (WEC) is 3.24%.
WEC Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
3.24%
Forward Yield on Cost Projections
If you buy WEC today at the current stock price of $114.02 with a yield of 3.24% and dividends continue to grow at the historical rate (7.1% CAGR), your YOC would be:
Current Yield
3.24%
YOC in 3 Years
4.26%
YOC in 5 Years
5.12%
YOC in 10 Years
8.11%
Interactive Yield on Cost Calculator
Project custom investment returns for WEC Energy Group, Inc. (WEC) based on your custom cost basis.
Starting Yield
3.24%
Ending YOC
9.09%
Year 15 Dividend
$10.37
Cum. Dividends Recd.
$100.34
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.69 | — | 3.24% | $0.00 |
| Year 1 | $3.95 | +7.13% | 3.47% | $3.95 |
| Year 2 | $4.23 | +7.13% | 3.71% | $8.19 |
| Year 3 | $4.54 | +7.13% | 3.98% | $12.72 |
| Year 4 | $4.86 | +7.13% | 4.26% | $17.59 |
| Year 5 | $5.21 | +7.13% | 4.57% | $22.79 |
| Year 6 | $5.58 | +7.13% | 4.89% | $28.37 |
| Year 7 | $5.98 | +7.13% | 5.24% | $34.35 |
| Year 8 | $6.40 | +7.13% | 5.62% | $40.75 |
| Year 9 | $6.86 | +7.13% | 6.02% | $47.61 |
| Year 10 | $7.35 | +7.13% | 6.44% | $54.95 |
| Year 11 | $7.87 | +7.13% | 6.90% | $62.83 |
| Year 12 | $8.43 | +7.13% | 7.40% | $71.26 |
| Year 13 | $9.03 | +7.13% | 7.92% | $80.29 |
| Year 14 | $9.68 | +7.13% | 8.49% | $89.97 |
| Year 15 | $10.37 | +7.13% | 9.09% | $100.34 |
Yield on Cost (YOC) Formula
Formula: Yield on Cost = Annual Dividend / Original Purchase Price × 100
Inputs shown in the projection:
- Original purchase price.
- Annual dividend per share at the starting point.
- Assumed annual dividend growth rate.
- Projected annual dividend divided by original purchase price.
Note: Forward projections assume dividends continue to grow at the designated growth rate. Actual dividend payments are declared by corporate boards and are subject to change.
WEC Energy Group, Inc. Yield on Cost (YOC) Formula & Definition
Yield on Cost shows the dividend yield based on your original purchase price. As dividends grow, your YOC increases even if the market yield stays the same.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
WEC Energy Group, Inc. Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for WEC Energy Group, Inc. (WEC)?
- The yield on cost (YOC) for WEC stock is 3.24%.
About WEC Energy Group, Inc.
WEC Energy Group, Inc. is a major energy provider operating across the United States, delivering regulated natural gas and electricity, as well as both regulated and non-regulated renewable energy services. The company's operations are divided into six main business segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. Its electricity generation relies on a diverse portfolio of sources, including coal, natural gas, oil, hydroelectric, wind, solar, and biomass. Beyond power generation, WEC Energy Group also provides electric transmission services, manages retail natural gas distribution, handles natural gas transportation, and is involved in the production, distribution, and sale of steam. As of December 31, 2021, the company's vast infrastructure network included approximately 35,800 miles of overhead electricity distribution lines and 35,600 miles of underground cables. This electrical system was supported by 440 distribution substations and 510,500 line transformers. For natural gas, its network comprised 50,900 miles of distribution mains, 1,200 miles of transmission mains, 2.3 million lateral services, and 500 distribution and transmission gate stations. Furthermore, WEC Energy Group managed 68.2 billion cubic feet of working gas capacity within its underground natural gas storage facilities. The company, founded in 1981, was previously known as Wisconsin Energy Corporation until it officially adopted the name WEC Energy Group, Inc. in June 2015. Its corporate headquarters are located in Milwaukee, Wisconsin.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Scott J. Lauber