MGE Energy Declares Regular Dividend

Rhea-AI Summary

The board of directors of MGE Energy (NASDAQ: MGEE) has announced a quarterly dividend of $0.4075 per share. This dividend will be payable on December 15, 2022, to shareholders on record as of December 1, 2022. MGE Energy has a strong history, having increased its dividends annually for the past 47 years and paid cash dividends for over 110 years. This consistent performance underscores the company's commitment to returning value to its shareholders.

Positive

• Quarterly dividend of $0.4075 per share declared.
• Increased dividends annually for 47 years.
• Paid cash dividends for over 110 years.

Negative

• None.

MADISON, Wis.--(BUSINESS WIRE)-- The board of directors of MGE Energy, Inc. (Nasdaq: MGEE), today declared the regular quarterly dividend of $0.4075 per share on the outstanding shares of the company's common stock, payable December 15, 2022, to shareholders of record at the close of business December 1, 2022.

MGE Energy has increased its dividend annually for the past 47 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 159,000 customers in Dane County, Wis., and purchases and distributes natural gas to 169,000 customers in seven south-central and western Wisconsin counties.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221021005441/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 December 2022?

MGE Energy declared a dividend of $0.4075 per share.

When will MGE Energy's dividend be paid?

The dividend will be payable on December 15, 2022.

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

The record date for the dividend payment is December 1, 2022.

How long has MGE Energy been increasing its dividends?

MGE Energy has increased its dividends annually for the past 47 years.

How many years has MGE Energy paid cash dividends?

MGE Energy has paid cash dividends for over 110 years.