MGE Energy Declares Regular Dividend

Rhea-AI Summary

The board of directors of MGE Energy (NASDAQ: MGEE) declared a regular quarterly dividend of $0.3875 per share, payable on March 15, 2022, to shareholders of record by the close of business on March 1, 2022. MGE Energy has a strong dividend history, having increased its dividend annually for 46 years and paid cash dividends for over 110 years.

Positive

• MGE Energy declared a quarterly dividend of $0.3875 per share, indicating financial stability.
• The company has a long-standing history of increasing dividends annually for 46 years.

Negative

• None.

MADISON, Wis.--(BUSINESS WIRE)-- The board of directors of MGE Energy, Inc. (Nasdaq: MGEE), today declared the regular quarterly dividend of $0.3875 per share on the outstanding shares of the company's common stock, payable March 15, 2022, to shareholders of record at the close of business March 1, 2022.

MGE Energy has increased its dividend annually for the past 46 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 157,000 customers in Dane County, Wis., and purchases and distributes natural gas to 166,000 customers in seven south-central and western Wisconsin counties.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220121005449/en/

Steve Schultz

Corporate Communications Manager

608-252-7219 | sbschultz@mge.com

Source: MGE Energy, Inc.

FAQ

What is the dividend amount declared by MGE Energy for March 2022?

MGE Energy declared a dividend of $0.3875 per share for March 2022.

When will MGE Energy's dividend be paid?

The dividend will be paid on March 15, 2022.

What is MGE Energy's history with dividends?

MGE Energy has increased its dividend annually for the past 46 years and has a total dividend payment history spanning over 110 years.