MGE Energy (NASDAQ: MGEE) boosts quarterly dividend to $0.475 a share

Rhea-AI Filing Summary

MGE Energy, Inc. reported that its board has increased the company’s regular quarterly dividend on its common stock. The new dividend is $0.475 per share, reflecting the amount that will be paid each quarter going forward unless changed again.

The dividend is scheduled to be paid on September 15, 2025, to shareholders who are on record as of September 1, 2025. This step highlights the company’s ongoing practice of returning cash to shareholders through regular dividends.

Insights

Income-focused utilities analyst

MGE Energy modestly lifts its quarterly cash return to shareholders.

MGE Energy declared a regular quarterly dividend of $0.475 per share on its common stock. The payment is scheduled for September 15, 2025 to holders of record on September 1, 2025, reinforcing the company’s pattern of distributing cash through dividends.

For income-oriented investors, a higher stated dividend rate can support the stock’s appeal as a steady payer, especially in the utility space where dividend continuity is important. However, the filing does not quantify the size of the increase versus prior dividends, so the absolute impact on yield cannot be assessed from this excerpt alone.

Subsequent disclosures, such as future dividend declarations and broader financial results for periods including and after September 2025, will help clarify how sustainable this higher payout is within the company’s earnings and cash flow profile.

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, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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		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 15, 2025 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. ☐

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Item 8.01. Other Events.

On August 15, 2025, 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 $0.475 per share, payable on September 15, 2025, to shareholders of record as of September 1, 2025. 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.

Exhibit No.		Description
99.1		Press release of MGE Energy, Inc., issued on August 15, 2025.
104		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.

	MGE Energy, Inc.
	(Registrant)
Date: August 15, 2025	/s/ Jenny L. Lagerwall
	Jenny L. Lagerwall Assistant Vice President - Accounting and Controller (Chief Accounting Officer)

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FAQ

What dividend did MGE Energy (MGEE) just declare?

MGE Energy declared a regular quarterly dividend of $0.475 per share on its outstanding common stock.

When will MGE Energy (MGEE) pay the new quarterly dividend?

The $0.475 per share quarterly dividend is payable on September 15, 2025.

What is the record date for MGE Energy’s $0.475 dividend?

Shareholders of record as of September 1, 2025 will be entitled to receive the $0.475 per share dividend.

Did MGE Energy indicate this was an increase in its regular dividend?

Yes. MGE Energy stated that it issued a press release on August 15, 2025 announcing an increase in its regular quarterly dividend on common stock.

What exhibits were included with MGE Energy’s 8-K about the dividend?

The company included Exhibit 99.1, a press release issued on August 15, 2025, and Exhibit 104, the cover page interactive data file.

Which stock of MGE Energy is affected by the $0.475 dividend?

The dividend applies to MGE Energy’s Common Stock, $1 par value per share, which trades under the symbol MGEE on The NASDAQ Stock Market.