The board of directors of WEC Energy Group, Inc. declared a quarterly cash dividend of 67.75 cents per share on the company's common stock, an increase of 7.1% over the current quarterly dividend of 63.25 cents a share. This raises the annual dividend rate to $2.71 a share. The higher dividend is payable March 1, 2021, to stockholders of record on Feb. 14, 2021. This marks the 314th consecutive quarter — dating back to 1942 — that the company will have paid a dividend to its stockholders.