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MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources, as well as purchases power under short and long-term commitments. As of December 31, 2021, the company generated and distributed electricity to 159,000 customers in Dane County, Wisconsin; and purchased and distributed natural gas to 169,000 customers in seven Wisconsin counties. MGE Energy, Inc.is headquartered in Madison, Wisconsin.

MGE Energy Dividend Announcement

MGE Energy announced a quarterly dividend of $0.45 per ordinary share which will be made payable on 2024-12-15. Ex dividend date: 2024-11-29
MGE Energy annual dividend for 2024 was $1.76
MGE Energy annual dividend for 2023 was $1.67
MGE Energy's trailing twelve-month (TTM) dividend yield is 1.76%
MGE Energy's payout ratio for the trailing twelve months (TTM) is 52.83%
MGE Energy's dividend growth over the last five years (2018-2023) was 4.81% year
MGE Energy's dividend growth over the last ten years (2013-2023) was 0.39% year

MGE Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-29$0.45quarterly2024-12-15
2024-08-30$0.45quarterly2024-09-15
2024-05-31$0.43quarterly2024-06-15
2024-02-29$0.43quarterly2024-03-15
2023-11-30$0.43quarterly2023-12-15
2023-08-31$0.43quarterly2023-09-15
2023-05-31$0.41quarterly2023-06-15
2023-02-28$0.41quarterly2023-03-15
2022-11-30$0.41quarterly2022-12-15
2022-08-31$0.41quarterly2022-09-15
2022-05-31$0.39quarterly2022-06-15
2022-02-28$0.39quarterly2022-03-15
2021-11-30$0.39quarterly2021-12-15
2021-08-31$0.39quarterly2021-09-15
2021-05-28$0.37quarterly2021-06-15
2021-02-26$0.37quarterly2021-03-15
2020-11-30$0.37quarterly2020-12-15
2020-08-31$0.37quarterly2020-09-15
2020-05-29$0.35quarterly2020-06-15
2020-02-27$0.35quarterly2020-03-15
2019-11-27$0.35quarterly2019-12-15
2019-08-29$0.35quarterly2019-09-15
2019-05-30$0.34quarterly2019-06-15
2019-02-28$0.34quarterly2019-03-15
2018-11-29$0.34quarterly2018-12-15
2018-08-30$0.34quarterly2018-09-15
2018-05-31$0.32quarterly2018-06-15
2018-02-28$0.32quarterly2018-03-15
2017-11-30$0.32quarterly2017-12-15
2017-08-30$0.32quarterly2017-09-15
2017-05-30$0.31quarterly2017-06-15
2017-02-27$0.31quarterly2017-03-15
2016-11-29$0.31quarterly2016-12-15
2016-08-30$0.31quarterly2016-09-15
2016-05-27$0.29quarterly2016-06-15
2016-02-26$0.29quarterly2016-03-15
2015-11-27$0.29quarterly2015-12-15
2015-08-28$0.29quarterly2015-09-15
2015-05-28$0.28quarterly2015-06-15
2015-02-25$0.28quarterly2015-03-15
2014-11-26$0.28quarterly2014-12-15
2014-08-27$0.28quarterly2014-09-15
2014-05-28$0.27quarterly2014-06-15
2014-02-26$0.27quarterly2014-03-15
2013-11-26$0.41quarterly2013-12-15
2013-08-28$0.41quarterly2013-09-15
2013-05-29$0.40quarterly2013-06-15
2013-02-27$0.40quarterly2013-03-15

MGE Energy Dividend per year

MGE Energy Dividend growth

MGE Energy Dividend Yield

MGE Energy current trailing twelve-month (TTM) dividend yield is 1.76%. Interested in purchasing MGE Energy stock? Use our calculator to estimate your expected dividend yield:

MGE Energy Financial Ratios

P/E ratio30.43
PEG ratio6.33
P/B ratio3.02
ROE10.18%
Payout ratio52.83%
Current ratio1.41
Quick ratio0.94
Cash Ratio0.10

MGE Energy Dividend FAQ

How much is the next MGE Energy dividend?
MGE Energy's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next MGE Energy dividend. The next MGE Energy dividend will be released in February, May, August, or November.
When is MGE Energy dividend paid?
MGE Energy pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does MGE Energy pay?
The specific amount of MGE Energy dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find MGE Energy's dividend history.
Does MGE Energy stock pay dividends?
Yes, MGE Energy does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find MGE Energy's dividend history.
How much dividend does MGE Energy pay?
MGE Energy paid $1.755 in 2024, $1.67 in 2023, $1.588 in 2022, $1.514 in 2021, and $1.445 in 2020.
How often does MGE Energy pay dividends?
MGE Energy typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is MGE Energy's dividend yield?
The current dividend yield for MGE Energy is 1.76%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate MGE Energy's exact dividend yield.
When does MGE Energy go ex dividend?
MGE Energy's ex-dividend date for the latest dividend was on 2024-11-29. MGE Energy typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next MGE Energy dividend paid?
MGE Energy pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will MGE Energy increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether MGE Energy will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is MGE Energy dividend per share?
MGE Energy paid $1.755 per share in 2024 and $1.67 per share in 2023. The amount of dividend per share that MGE Energy pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is MGE Energy a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is MGE Energy a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is MGE Energy a dividend stock?
Yes, MGE Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is MGE Energy a good dividend stock?
Whether MGE Energy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. MGE Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating MGE Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does MGE Energy pay dividends monthly?
MGE Energy typically pays dividends on a quarterly basis.
Does MGE Energy pay dividends quarterly?
MGE Energy currently pays dividends on a quarterly basis.
Has MGE Energy ever paid a dividend?
Yes, MGE Energy has a history of paying dividends to its shareholders. MGE Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy MGE Energy dividend stocks?
To buy MGE Energy you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy MGE Energy stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does MGE Energy pay dividends 2024?
MGE Energy pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will MGE Energy increase its dividend in 2024?
Decisions regarding MGE Energy dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date MGE Energy dividend overview you can look into the above table of dividend history.
How MGE Energy dividend works?
The MGE Energy dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how MGE Energy's dividend process works:

1. Determination of Dividend: MGE Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, MGE Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, MGE Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from MGE Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are MGE Energy dividends paid?
MGE Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: MGE Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, MGE Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: MGE Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does MGE Energy pay dividends?
MGE Energy typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does MGE Energy pay dividends?
The general pattern is that MGE Energy pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is MGE Energy dividend safe?
The safety of MGE Energy's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of MGE Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review MGE Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.