Wisconsin Electric Declares Quarterly Dividend on Preferred Shares

MILWAUKEE, Jan. 20, 2011 /PRNewswire/ -- The board of directors of Wisconsin Electric Power Company today declared a quarterly dividend of 90 cents a share on the Preferred Stock, 3.60% Series, payable March 1, 2011, to stockholders of record on Feb. 14, 2011. The board also declared a quarterly dividend of $1.50 a share on the Six Per Cent Preferred Stock payable April 30, 2011, to stockholders of record on April 14, 2011.

Wisconsin Electric Power Company, doing business as We Energies, is a subsidiary of Wisconsin Energy Corporation (NYSE: WEC). 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 www.we-energies.com.

SOURCE Wisconsin Energy Corporation

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