Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

WEC Energy Group, Inc. (WEC)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$115.48 - $282.91$172.20
Multi-Stage$88.02 - $95.96$91.92
Blended Fair Value$132.06
Current Price$114.59
Upside15.25%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.24%11.61%3.293.072.862.662.492.322.172.051.951.42
YoY Growth--7.32%7.22%7.38%7.12%7.19%6.77%6.21%5.06%37.22%29.38%
Dividend Yield--3.02%3.76%3.02%2.67%2.66%2.63%2.78%3.26%3.21%2.36%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,695.30
(-) Cash Dividends Paid (M)1,122.40
(=) Cash Retained (M)572.90
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)339.06211.91127.15
Cash Retained (M)572.90572.90572.90
(-) Cash Required (M)-339.06-211.91-127.15
(=) Excess Retained (M)233.84360.99445.75
(/) Shares Outstanding (M)320.78320.78320.78
(=) Excess Retained per Share0.731.131.39
LTM Dividend per Share3.503.503.50
(+) Excess Retained per Share0.731.131.39
(=) Adjusted Dividend4.234.624.89
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate5.24%6.24%7.24%
Fair Value$115.48$172.20$282.91
Upside / Downside0.78%50.27%146.89%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,695.301,801.171,913.652,033.152,160.122,295.012,363.86
Payout Ratio66.21%70.97%75.72%80.48%85.24%90.00%92.50%
Projected Dividends (M)1,122.401,278.201,449.091,636.331,841.312,065.512,186.57

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate5.24%6.24%7.24%
Year 1 PV (M)1,160.581,171.611,182.64
Year 2 PV (M)1,194.671,217.481,240.51
Year 3 PV (M)1,224.901,260.151,296.07
Year 4 PV (M)1,251.501,299.751,349.38
Year 5 PV (M)1,274.701,336.421,400.51
PV of Terminal Value (M)22,128.7923,200.2624,312.84
Equity Value (M)28,235.1529,485.6730,781.94
Shares Outstanding (M)320.78320.78320.78
Fair Value$88.02$91.92$95.96
Upside / Downside-23.19%-19.78%-16.26%

High-Yield Dividend Screener

« Prev Page 25 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
8952.TJapan Real Estate Investment Corporation5.59%$7,312.3570.16%
AEGN.ATAegean Airlines S.A.5.59%$0.8128.27%
KMDS.JKPT Kurniamitra Duta Sentosa, Tbk5.59%$38.0052.57%
RECLTD.BOREC Limited5.59%$21.3032.48%
2488.HKLaunch Tech Company Limited5.58%$0.4931.82%
ANIM3.SAAnima Holding S.A.5.58%$0.1844.03%
PROF-B.STProfilGruppen AB (publ)5.58%$6.6456.11%
SOL.AXWashington H. Soul Pattinson and Company Limited5.58%$2.0979.15%
1128.HKWynn Macau, Limited5.57%$0.3352.58%
1585.HKYadea Group Holdings Ltd.5.57%$0.6444.68%
SBOK.STScandBook Holding AB (publ)5.57%$2.7567.47%
003470.KSYuanta Securities Korea Co., Ltd.5.56%$203.1264.57%
AEDAS.MCAedas Homes, S.A.5.56%$1.3344.89%
DTL.AXData#3 Limited5.56%$0.5085.44%
IMAS.JKPT Indomobil Sukses Internasional Tbk5.56%$63.4361.82%
SFQ.DESAF-Holland SE5.56%$0.8475.48%
058430.KSPOSCO STEELEON Co., Ltd.5.55%$2,160.0746.25%
2192.HKMedlive Technology Co., Ltd.5.55%$0.5565.76%
8968.TFukuoka REIT Corporation5.55%$10,438.6663.61%
CY6U.SICapitaLand India Trust5.55%$0.0723.56%
INLIF.ATInterlife General Insurance Company S.A.5.55%$0.3626.26%
0A0C.LStadler Rail AG5.54%$1.0971.26%
1289.HKWuxi Sunlit Science and Technology Company Limited5.54%$0.1622.04%
2686.HKAAG Energy Holdings Limited5.54%$0.1029.66%
SNK.WASanok Rubber Company Spólka Akcyjna5.54%$1.1993.14%
0IZM.LABG Sundal Collier Holding ASA5.53%$0.4584.38%
600681.SSBestsun Energy Co., Ltd.5.53%$0.2495.34%
605009.SSHangzhou Haoyue Personal Care Co., Ltd5.53%$1.7190.38%
KSB3.DEKSB SE & Co. KGaA5.53%$52.7634.72%
000581.SZWeifu High-Technology Group Co., Ltd.5.52%$1.1471.66%
0QO1.LSchindler Holding AG5.52%$10.9983.82%
1061.HKEssex Bio-Technology Limited5.52%$0.2120.70%
HGSB.OLHaugesund Sparebank5.52%$8.8625.30%
603408.SSRunner (Xiamen) Corp.5.51%$0.7576.83%
PERR.PAGérard Perrier Industrie S.A.5.51%$4.6047.56%
009180.KSHansol Logistics Co., Ltd.5.50%$149.8936.63%
601339.SSBros Eastern.,Ltd5.50%$0.3287.29%
9905.TWGreat China Metal Ind. Co., Ltd.5.50%$1.0975.18%
FIQE3.SAUnifique Telecomunicações S.A.5.50%$0.2748.37%
M-STOR.BKMFC-Strategic Storage Fund5.50%$0.4482.25%
SYNTEC.BKSyntec Construction Public Company Limited5.50%$0.0924.68%
TPAC.BKThai Plaspac Public Company Limited5.50%$0.4536.96%
WIK.WAWikana S.A.5.50%$0.4079.03%
600713.SSNanJing Pharmaceutical Company Limited5.49%$0.3078.15%
ATIC.JKPT Anabatic Technologies Tbk5.49%$35.4144.79%
000672.SZGansu Shangfeng Cement Co.,Ltd5.48%$0.7191.94%
069260.KSTKG Huchems Co.,Ltd.5.47%$998.9065.46%
NCK.AXNick Scali Limited5.47%$1.2979.89%
000270.KSKia Corporation5.46%$6,584.2832.69%
002014.SZHuangshan Novel Co.,Ltd5.46%$0.6584.41%