MGE Energy (MGEE) Raises Quarterly Dividend 5.2% to $0.4075; 1.9% Yield

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MGE Energy Increases Dividend for 47th Consecutive Year

August 19, 2022 12:25 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 $0.4075 per share on the outstanding shares of the company's common stock. The dividend is payable Sept. 15, 2022, to shareholders of record Sept. 1, 2022. This raises the annualized dividend rate by 8 cents from $1.55 per share to $1.63 per... More