MGE Energy Increases Dividend for 40th Consecutive Year

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MGE Energy (MGEE) Raises Quarterly Dividend 4.4% to $0.2950; 3% Yield

August 21, 2015 12:20 PM EDT

MGE Energy (NASDAQ: MGEE) declared a quarterly dividend of $0.2950 per share, or $1.18 annualized. This is a 4.4% increase from the prior dividend of $0.2825.

The dividend will be payable on September 15, 2015, to stockholders of record on September 1, 2015, with an ex-dividend date of August 28,... More