Utility company Wisconsin Energy recently announced it will raise its dividend 25%, bringing the yield up to 3.3%. The move makes WEC just the kind of stock Cramer wants investors to own in the market.
But at the same time Wisconsin Energy also announced that the recession will affect the company as any other, and expects electricity sales to decline in 2009. So how can management push through a dividend increase in the face of a difficult business environment? Cramer brought CEO Gale Klappa onto Mad Money to get an answer. Check out this video for his answer.
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