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WISCONSIN ENERGY CORP. INCREASES DIVIDENDS

 MILWAUKEE, April 28 /PRNewswire/ -- The board of directors of Wisconsin Energy Corp. (NYSE: WEC) today declared an increase of 1.375 cents a share of common stock from the previous quarterly dividend rate, an increase of 4.2 percent. The quarterly common stock dividend is now 33.875 cents a share, payable on June 1 to stockholders of record on May 10.
 The dividend payment marks the 203rd consecutive quarter since 1942 in which Wisconsin Energy Corp. or Wisconsin Electric Power Co. (WEC's subsidiary) will have paid regular quarterly dividends to its common stockholders, and the 33rd straight year since 1960 that common dividend payments per share have been increased.
 Over the last 10 years, Wisconsin Energy dividends have grown at a compound rate of 6.8 percent.
 -0- 4/28/93
 /CONTACT: Charles Ziegler of Wisconsin Energy Corporation, 414-221-4444 or 414-221-2896/
 (WEC)


CO: Wisconsin Energy Corporation ST: Wisconsin IN: UTI SU: DIV

AR -- CL029 -- 2284 04/28/93 16:54 EDT
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Publication:PR Newswire
Date:Apr 28, 1993
Words:162
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