Wisconsin Energy, Wisconsin Electric declare quarterly dividends

       Wisconsin Energy, Wisconsin Electric declare quarterly dividends

PR Newswire

MILWAUKEE, July 17, 2014

MILWAUKEE, July 17, 2014 /PRNewswire/ -- The boards of directors of Wisconsin
Energy Corporation (NYSE: WEC) and Wisconsin Electric Power Company today
declared quarterly dividends.

Wisconsin Energy
The Wisconsin Energy board of directors declared a quarterly cash dividend of
39 cents a share on the company's common stock. The dividend is payable Sept.
1, 2014, to stockholders of record on Aug. 14, 2014. This marks the 288^th
consecutive quarter – dating back to 1942 – that the company will have paid a
dividend to its stockholders.

Wisconsin Electric
The Wisconsin Electric board of directors declared a quarterly dividend of 90
cents a share on the Preferred Stock, 3.60% Series, payable Sept.1, 2014, to
stockholders of record on Aug. 14, 2014. The board also declared a quarterly
dividend of $1.50 a share on the Six Per Cent Preferred Stock payable Oct. 31,
2014, to stockholders of record on Oct. 14, 2014.

Wisconsin Energy Corporation (NYSE: WEC), based in Milwaukee, is one of the
nation's premier energy companies, serving more than 1.1 million electric
customers in Wisconsin and Michigan's Upper Peninsula and 1.1 million natural
gas customers in Wisconsin. The company's principal utility is We Energies.
The company's other major subsidiary, We Power, designs, builds and owns
electric generating plants.

Wisconsin Energy (wisconsinenergy.com), a component of the S&P 500, has nearly
$15billion of assets, 4,300 employees and approximately 40,000 stockholders
of record.

Wisconsin Electric Power Co., doing business as We Energies, is a subsidiary
of Wisconsin Energy Corporation. The company serves more than 1.1 million
electric customers in Wisconsin and Michigan's Upper Peninsula and more than
460,000 natural gas customers in Wisconsin. Visit the We Energies website at
we-energies.com.

SOURCE Wisconsin Energy Corporation

Website: http://www.wisconsinenergy.com
Contact: Brian Manthey (news media), 414-221-4444,
brian.manthey@we-energies.com; Colleen F. Henderson, CFA (analysts),
414-221-2592, colleen.henderson@wisconsinenergy.com
 
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