MGE Energy Declares Regular Dividend

Rhea-AI Summary

MGE Energy Declares Regular Quarterly Dividend

Positive

• MGE Energy has increased its dividend annually for the past 48 years
• The regular quarterly dividend is $0.4275 per share

Negative

• None.

MADISON, Wis.--(BUSINESS WIRE)-- The board of directors of MGE Energy, Inc. (Nasdaq: MGEE), today declared the regular quarterly dividend of $0.4275 per share on the outstanding shares of the company's common stock, payable Dec. 15, 2023, to shareholders of record at the close of business Dec. 1, 2023.

MGE Energy has increased its dividend annually for the past 48 years and has paid cash dividends for more than 110 years.

About MGE Energy

MGE Energy is a public utility holding company. Its principal subsidiary, Madison Gas and Electric (MGE), generates and distributes electricity to 161,000 customers in Dane County, Wis., and purchases and distributes natural gas to 173,000 customers in seven south-central and western Wisconsin counties.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231020588289/en/

Steve Schultz

Media Relations

608-252-7219 | sbschultz@mge.com

Source: MGE Energy, Inc.

FAQ

What is the dividend declared by MGE Energy?

The dividend declared by MGE Energy is $0.4275 per share.

How long has MGE Energy been increasing its dividend?

MGE Energy has been increasing its dividend annually for the past 48 years.

How long has MGE Energy been paying cash dividends?

MGE Energy has been paying cash dividends for more than 110 years.