The new company would be called WEC Energy Group, and would serve more than 4.3 million electric and natural gas customers in Wisconsin, Illinois, Michigan and Minnesota. Wisconsin Energy Monday declared pro rata dividends in expectation of the deal being completed ahead of its next common stock dividend record data. Wisconsin Energy's board declared a pro rata dividend of $0.0046 per share per day will accrue from May 15 to the day before the acquisition is finalized. The dividend would be payable to shareholders of record as of end of business on the day before the acquisition. Following the acquisition, a pro rata dividend of $0.0049 would accrue from the day the acquisition is finalized to August 14, Wisconsin Energy's normal record date. It would be paid out on September 1 to shareholders of record as of August 14. Wisconsin Energy's pro rata dividends are 8.3 percent higher than its current quarterly rate, and will put Integrys and Wisconsin Energy shareholders on even footing in terms of dividends.