MGE Energy (MGEE) Raises Quarterly Dividend 5.3% to $0.45; 2.1% Yield

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Go back to MGE Energy (MGEE) Raises Quarterly Dividend 5.3% to $0.45; 2.1% Yield

MGE Energy Increases Dividend for 49th Consecutive Year

August 16, 2024 12:21 PM EDT

MADISON, Wis.--(BUSINESS WIRE)-- The board of directors of MGE Energy, Inc. (Nasdaq: MGEE), today increased the regular quarterly dividend rate 5.3% to $0.45 per share on the outstanding shares of the company's common stock. The dividend is payable Sept. 15, 2024, to shareholders of record Sept. 1, 2024. This raises the annualized dividend rate by 9 cents from... More