MGE Energy Declares Regular Dividend
MGE Energy Declares Regular Quarterly Dividend
Positive
MGE Energy has increased its dividend annually for the past 48 years
The regular quarterly dividend is $0.4275 per share
10/20/2023 - 02:35 PM
MADISON, Wis. --(BUSINESS WIRE)--
The board of directors of MGE Energy, Inc. (Nasdaq: MGEE), today declared the regular quarterly dividend of $0.42 75 per share on the outstanding shares of the company's common stock, payable Dec. 15, 2023, to shareholders of record at the close of business Dec. 1, 2023.
MGE Energy has increased its dividend annually for the past 48 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 161,000 customers in Dane County, Wis. , and purchases and distributes natural gas to 173,000 customers in seven south-central and western Wisconsin counties.
View source version on businesswire.com: https://www.businesswire.com/news/home/20231020588289/en/
Steve Schultz
Media Relations
608-252-7219 | sbschultz@mge.com
Source: MGE Energy, Inc.
What is the dividend declared by MGE Energy?
The dividend declared by MGE Energy is $0.4275 per share.
How long has MGE Energy been increasing its dividend?
MGE Energy has been increasing its dividend annually for the past 48 years.
How long has MGE Energy been paying cash dividends?
MGE Energy has been paying cash dividends for more than 110 years.
MGEE Rankings
#1786 Ranked by Stock Gains
MGEE Stock Data
Industry
Hydroelectric Power Generation
Sector
Utilities
Tags
Utilities, Electric Utilities, Hydroelectric Power Generation
Country
United States
City
Madison
About MGEE
mge energy, inc., through its subsidiaries, operates as a public utility holding company primarily in wisconsin. it operates through five segments: regulated electric utility operations; regulated gas utility operations; nonregulated energy operations; transmission investments; and all other. the company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in wisconsin and iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. it also generates electricity from coal, natural gas, and renewable energy sources, as well as purchases power under short and long-term commitments. as of february 26, 2020, the company distributed electricity to 155,000 customers in dane county, wisconsin; and purchased and distributed natural gas to 163,000 customers in seven south-central and western wisconsin counties. mge energy, inc. was founded in 1855 and is headquartered in madison, wisco