MGE Energy (NASDAQ: MGEE) extends 51-year dividend growth streak
Rhea-AI Filing Summary
MGE Energy, Inc. (MGEE) reported that its Board of Directors approved a 7.0% increase in the company’s regular quarterly dividend on its common stock. The new quarterly dividend is $0.5083 per share, payable on September 15, 2026, to shareholders of record as of September 1, 2026.
This increase raises MGE Energy’s annualized dividend rate to $2.0332 per share and represents the company’s 51st consecutive year of dividend increases. MGE Energy states it has paid cash dividends for more than 110 consecutive years, highlighting a long history of returning cash to shareholders while investing in energy infrastructure through its principal subsidiary, Madison Gas and Electric.
Positive
- Dividend increased 7.0% to $0.5083 per quarter, lifting the annualized dividend to $2.0332 per share.
- Marks the 51st consecutive year of dividend increases for MGE Energy.
- Company highlights paying cash dividends for more than 110 consecutive years, underscoring a long record of shareholder returns.
Negative
- None.
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8-K Event Classification
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Key Terms
regular quarterly dividend financial
annualized dividend rate financial
public utility holding company financial
sustainable dividend growth financial
sustainable energy infrastructure technical
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
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FORM CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
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Item 8.01. Other Events.
On August 21, 2026, MGE Energy, Inc. (the Company) issued a press release announcing an increase in its regular quarterly dividend on its outstanding shares of common stock. The release announced the declaration of a quarterly dividend of $0.5083 per share, payable on September 15, 2026, to shareholders of record as of September 1, 2026. The Company is filing a copy of that press release as Exhibit 99.1 to this report.
Item 9.01. Financial Statements and Exhibits.
(a) Financial statements of businesses acquired: None
(b) Pro forma financial information: None
(c) Shell company transactions: None
(d) Exhibits.
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Description |
99.1 |
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Press release of MGE Energy, Inc., issued on August 21, 2026. |
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Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document). |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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MGE Energy, Inc. |
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(Registrant) |
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Date: August 21, 2026 |
/s/ Jenny L. Lagerwall |
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Jenny L. Lagerwall Assistant Vice President - Accounting and Controller (Chief Accounting Officer) |
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EXHIBIT 99.1
MGE Energy Increases Dividend for 51st Consecutive Year
Madison, Wis., Aug. 21, 2026—The Board of Directors of MGE Energy, Inc. (Nasdaq: MGEE), today approved a 7.0% increase in the company’s regular quarterly dividend to $0.5083 per share on its outstanding common stock. The dividend is payable September 15, 2026, to shareholders of record as of September 1, 2026. The increase raises MGE Energy’s annualized dividend rate to $2.0332 per share and marks the company’s 51st consecutive year of dividend increases.
“This dividend increase reflects our Board’s continued confidence in MGE Energy’s long-term strategy, disciplined financial management and commitment to delivering regular, predictable and sustainable returns to shareholders,” said Jeff Keebler, Chairman, President and Chief Executive Officer. “Our investments in reliable, resilient and increasingly sustainable energy infrastructure meet our customers’ needs, support economic growth in the communities we serve and create long-term value for shareholders.”
MGE Energy has paid cash dividends for more than 110 consecutive years, reflecting its longstanding commitment to returning value to shareholders through consistent and sustainable dividend growth.
About MGE Energy
MGE Energy is a public utility holding company. Its principal subsidiary, Madison Gas and Electric, generates and distributes electricity to 170,000 customers in Dane County, Wis., and purchases and distributes natural gas to 180,000 customers in seven south-central and western Wisconsin counties. MGE's roots in the Madison area date back more than 150 years.
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Steve Schultz Communications Manager 608-252-7219 | sbschultz@mge.com
Investor Relations investor@mgeenergy.com |
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