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MGE Energy Declares Regular Dividend

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The board of directors of MGE Energy declared a quarterly dividend of $0.37 per share, payable on March 15, 2021, to shareholders of record by the close of business on March 1, 2021. MGE Energy has a strong dividend history, increasing its dividends annually for the past 45 years and maintaining cash dividends for over 110 years. The company, a public utility holding provider, serves 155,000 electricity customers and 163,000 natural gas customers in Wisconsin.

Positive
  • Quarterly dividend of $0.37 per share affirmed.
  • 45 consecutive years of annual dividend increases.
  • Over 110 years of continuous cash dividend payments.
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 March 15, 2021, to shareholders of record at the close of business March 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 155,000 customers in Dane County, Wis., and purchases and distributes natural gas to 163,000 customers in seven south-central and western Wisconsin counties.

FAQ

What is the dividend amount declared by MGE Energy?

MGE Energy declared a quarterly dividend of $0.37 per share.

When will the MGE Energy dividend be paid?

The MGE Energy dividend will be paid on March 15, 2021.

Who is eligible for the MGE Energy dividend?

Shareholders of record as of March 1, 2021, are eligible for the MGE Energy dividend.

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 155,000 electricity customers and 163,000 natural gas customers.

MGE Energy Inc

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