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MGE Energy Declares Regular Dividend

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MGE Energy, Inc. (Nasdaq: MGEE) announced a quarterly dividend of $0.37 per share, payable on June 15, 2021, to shareholders recorded by the close of business on June 1, 2021. This marks MGE's 45th consecutive annual dividend increase and extends its history of cash dividend payments for over 110 years.

MGE Energy operates as a utility holding company, primarily through its subsidiary Madison Gas and Electric, serving over 157,000 electricity customers and 166,000 natural gas customers across Wisconsin.

Positive
  • Quarterly dividend of $0.37 per share reinforces investor income.
  • 45 years of consecutive annual dividend increases signals strong financial health.
  • Company has over 110 years of dividend payment history, indicating reliability.
Negative
  • None.

The board of directors of MGE Energy, Inc. (Nasdaq: MGEE) today declared the regular quarterly dividend of $0.37 per share on the outstanding shares of the company's common stock, payable June 15, 2021, to shareholders of record at the close of business June 1, 2021.

MGE Energy has increased its dividend annually for the past 45 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.

FAQ

What is the dividend amount declared by MGE Energy for June 2021?

MGE Energy declared a dividend of $0.37 per share.

When is the dividend payment date for MGE Energy?

The dividend is payable on June 15, 2021.

What is the record date for MGE Energy's dividend?

The record date for the dividend is June 1, 2021.

How long has MGE Energy been increasing its dividend?

MGE Energy has increased its dividend annually for the past 45 years.

How many customers does MGE Energy serve?

MGE Energy serves over 157,000 electricity customers and 166,000 natural gas customers.

MGE Energy Inc

NASDAQ:MGEE

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Utilities - Regulated Electric
Electric, Gas & Sanitary Services
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United States of America
MADISON