MGE Energy lifts dividend 7% to $0.5083 a share

Q: What dividend change did MGE Energy (MGEE) announce on August 21, 2026?

MGE Energy’s Board approved a 7.0% increase in the regular quarterly dividend to $0.5083 per share on its common stock, as disclosed in the August 21, 2026 announcement.

Q: What is the new annualized dividend rate for MGE Energy (MGEE)?

The dividend increase raises MGE Energy’s annualized dividend rate to $2.0332 per share. This reflects the higher regular quarterly dividend of $0.5083 per share approved by the Board.

Q: When will MGE Energy’s new dividend be paid and to which shareholders?

The new quarterly dividend of $0.5083 per share is payable on September 15, 2026, to shareholders of record as of September 1, 2026, according to the company’s disclosure.

Q: How long has MGE Energy (MGEE) been increasing its dividend?

The 2026 increase marks MGE Energy’s 51st consecutive year of dividend increases. The company also reports having paid cash dividends for more than 110 consecutive years.

Q: On which exchange is MGE Energy (MGEE) listed and what class of shares pays the dividend?

MGE Energy’s common stock, $1 par value per share, trades under the symbol MGEE on The NASDAQ Stock Market. The announced dividend applies to its outstanding shares of common stock.

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.

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Form Type

8-K

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.

Insights

Analyzing...

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Dividend increase: 7.0% Quarterly dividend: $0.5083 per share Annualized dividend rate: $2.0332 per share +4 more

7 metrics

Dividend increase 7.0% Increase in regular quarterly dividend approved by the Board of Directors

Quarterly dividend $0.5083 per share Dividend payable September 15, 2026, to shareholders of record September 1, 2026

Annualized dividend rate $2.0332 per share Annualized dividend rate after the 7.0% increase

Consecutive years of dividend increases 51 years MGE Energy’s record of annual dividend increases

Consecutive years of cash dividends More than 110 years History of paying cash dividends to shareholders

Electric customers 170,000 Electricity customers served in Dane County, Wisconsin

Natural gas customers 180,000 Natural gas customers in seven south-central and western Wisconsin counties

Key Terms

regular quarterly dividend, annualized dividend rate, public utility holding company, sustainable dividend growth, +1 more

5 terms

regular quarterly dividend financial

"approved a 7.0% increase in the company’s regular quarterly dividend"

annualized dividend rate financial

"The increase raises MGE Energy’s annualized dividend rate to $2.0332 per share"

The annualized dividend rate is the amount of dividend income a share would generate over a full year, calculated by scaling a recent payment or periodic rate to a 12-month total — like converting a monthly paycheck into an annual salary. Investors use it to compare how much cash return different stocks or funds may provide and to estimate income relative to the current share price, though it does not guarantee future payments.

public utility holding company financial

"MGE Energy is a public utility holding company."

sustainable dividend growth financial

"through consistent and sustainable dividend growth."

sustainable energy infrastructure technical

"investments in reliable, resilient and increasingly sustainable energy infrastructure"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What dividend change did MGE Energy (MGEE) announce on August 21, 2026?

MGE Energy’s Board approved a 7.0% increase in the regular quarterly dividend to $0.5083 per share on its common stock, as disclosed in the August 21, 2026 announcement.

What is the new annualized dividend rate for MGE Energy (MGEE)?

The dividend increase raises MGE Energy’s annualized dividend rate to $2.0332 per share. This reflects the higher regular quarterly dividend of $0.5083 per share approved by the Board.

When will MGE Energy’s new dividend be paid and to which shareholders?

The new quarterly dividend of $0.5083 per share is payable on September 15, 2026, to shareholders of record as of September 1, 2026, according to the company’s disclosure.

How long has MGE Energy (MGEE) been increasing its dividend?

The 2026 increase marks MGE Energy’s 51st consecutive year of dividend increases. The company also reports having paid cash dividends for more than 110 consecutive years.

What type of company is MGE Energy (MGEE) and who are its customers?

MGE Energy is a public utility holding company. Its principal subsidiary, Madison Gas and Electric, provides electricity to 170,000 customers in Dane County, Wisconsin, and natural gas to 180,000 customers in seven south-central and western Wisconsin counties.

On which exchange is MGE Energy (MGEE) listed and what class of shares pays the dividend?

MGE Energy’s common stock, $1 par value per share, trades under the symbol MGEE on The NASDAQ Stock Market. The announced dividend applies to its outstanding shares of common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/21/2026 - 11:34 AM Accepted by SEC EDGAR 08/21/2026 - 11:33 AM


		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
	FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
		August 21, 2026 Date of report (date of earliest event reported)
Commission File No.		Name of Registrant, State of Incorporation, Address of Principal Executive Offices, and Telephone No.	IRS Employer Identification No.
000-49965		MGE Energy, Inc. (a Wisconsin Corporation) 133 South Blair Street Madison, Wisconsin 53788 (608) 252-7000 \| mgeenergy.com	39-2040501

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:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading symbol(s)	Name of each exchange on which registered
Common Stock, $1 Par Value Per Share	MGEE	The NASDAQ Stock Market

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. ☐

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

(d) Exhibits.


Exhibit No.		Description
99.1		Press release of MGE Energy, Inc., issued on August 21, 2026.
104		Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document).

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.


	MGE Energy, Inc.
	(Registrant)



Date: August 21, 2026	/s/ Jenny L. Lagerwall
	Jenny L. Lagerwall Assistant Vice President - Accounting and Controller (Chief Accounting Officer)

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.

     Contact:

     Steve Schultz
Communications Manager
608-252-7219 | sbschultz@mge.com
 
Investor Relations
investor@mgeenergy.com

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

2 documents

Press Releases

EX-99.1 EX-99.1 9.1 KB