MGE Energy Issues October 2021 'Inside View'

Rhea-AI Summary

MGE Energy, Inc. (Nasdaq: MGEE) celebrates 46 consecutive years of dividend increases in its latest investor newsletter, Inside View. Key topics include Board of Director changes, investments in renewable generation driving capital expenditures, and initiatives for enhancing customer experience. The newsletter is accessible on MGE Energy's website, providing vital information about the company and its subsidiary, Madison Gas and Electric. MGE Energy holds assets worth approximately $2.3 billion with 2020 revenues reported at $539 million.

Positive

• 46 years of consecutive dividend increases.
• Investment in renewable generation indicates future growth potential.
• Focus on enhancing customer experience can lead to improved customer satisfaction and retention.

Negative

• None.

MADISON, Wis.--(BUSINESS WIRE)-- MGE Energy, Inc. (Nasdaq: MGEE) highlights 46 years of dividend increases in its investor newsletter, Inside View, which also includes the following topics:

• Board of Director changes
• New renewable generation driving capital expenditures
• Enhancing the customer experience

The newsletter is available on MGE Energy's website at:

http://www.mgeenergy.com/insideview

Inside View is published periodically to provide investors with information about MGE Energy and its primary subsidiary, Madison Gas and Electric.

About MGE Energy

MGE Energy is an investor-owned public utility holding company headquartered in the state capital of Madison, Wis. It is the parent company of Madison Gas and Electric, which generates and distributes electricity in Dane County, Wis., and purchases and distributes natural gas in seven south-central and western Wisconsin counties. MGE Energy's assets total approximately $2.3 billion, and its 2020 revenues were $539 million.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211019005835/en/

Investor relations contact

Ken Frassetto

Director - Shareholder Services and Treasury Management

608-252-4723 | kfrassetto@mge.com

Source: MGE Energy, Inc.

FAQ

What is the significance of MGE Energy's 46 years of dividend increases?

MGE Energy's 46 years of dividend increases demonstrates its commitment to returning value to shareholders, indicating financial stability and strong cash flow.

What new initiatives are mentioned in the latest MGE Energy investor newsletter?

The newsletter discusses Board of Director changes, investments in renewable energy, and efforts to enhance customer experience.

What were MGE Energy's total assets and revenues reported in 2020?

In 2020, MGE Energy reported total assets of approximately $2.3 billion and revenues of $539 million.

Where can I find MGE Energy's investor newsletter 'Inside View'?

MGE Energy's investor newsletter 'Inside View' is available on their official website.

Does MGE Energy have a focus on renewable energy?

Yes, MGE Energy is actively investing in renewable generation as part of its capital expenditures.