MGE Energy (MGEE) Raises Quarterly Dividend 4.7% to $0.3875; 1.9% Yield

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MGE Energy Increases Dividend for 46th Consecutive Year

August 20, 2021 12:45 PM EDT

MADISON, Wis.--(BUSINESS WIRE)-- The board of directors of MGE Energy, Inc. (Nasdaq: MGEE) today increased the regular quarterly dividend rate approximately 5% to $0.3875 per share on the outstanding shares of the company's common stock. The dividend is payable Sept. 15, 2021, to shareholders of record Sept. 1, 2021. This raises the annualized dividend rate by... More