MGE Energy Inc

MGEE

MGE Energy Inc (MGEE) is an electric and gas utility holding company based in Michigan. It primarily operates through its subsidiary, Michigan Gas Utilities, providing natural gas distribution services, and its affiliate, MGE Energy, Inc., which owns and manages electric generation and distribution assets. MGE Energy focuses on delivering reliable energy services to residential, commercial, and industrial customers while emphasizing sustainability and community engagement.

$78.20 -1.73 (-2.16%)

Dividend Yield 2.4%

Payout Frequency Quarterly

Dividend History

🎉 Upcoming Dividend

Investors can expect a dividend payout of $0.47 per share, scheduled to be distributed in 51 days on March 15, 2026

Pay Date	Amount	Ex-Date	Record Date
March 15, 2026	$0.47	2026-02-27	2026-03-01
December 15, 2025	$0.47	2025-12-01	2025-12-01
September 15, 2025	$0.47	2025-08-29	2025-09-01
June 15, 2025	$0.45	2025-05-30	2025-06-01
March 15, 2025	$0.45	2025-02-28	2025-03-01
December 15, 2024	$0.45	2024-11-29	2024-12-01
September 15, 2024	$0.45	2024-08-30	2024-09-01
June 15, 2024	$0.43	2024-05-31	2024-06-01
March 15, 2024	$0.43	2024-02-29	2024-03-01
December 15, 2023	$0.43	2023-11-30	2023-12-01
September 15, 2023	$0.43	2023-08-31	2023-09-01
June 15, 2023	$0.41	2023-05-31	2023-06-01
March 15, 2023	$0.41	2023-02-28	2023-03-01
December 15, 2022	$0.41	2022-11-30	2022-12-01
September 15, 2022	$0.41	2022-08-31	2022-09-01
June 15, 2022	$0.39	2022-05-31	2022-06-01
March 15, 2022	$0.39	2022-02-28	2022-03-01
December 15, 2021	$0.39	2021-11-30	2021-12-01
September 15, 2021	$0.39	2021-08-31	2021-09-01
June 15, 2021	$0.37	2021-05-28	2021-06-01
March 15, 2021	$0.37	2021-02-26	2021-03-01
December 15, 2020	$0.37	2020-11-30	2020-12-01
September 15, 2020	$0.37	2020-08-31	2020-09-01
June 15, 2020	$0.35	2020-05-29	2020-06-01
March 15, 2020	$0.35	2020-02-27	2020-03-01
December 15, 2019	$0.35	2019-11-27	2019-12-01
September 15, 2019	$0.35	2019-08-29	2019-09-01
June 15, 2019	$0.34	2019-05-30	2019-06-01
March 15, 2019	$0.34	2019-02-28	2019-03-01
December 15, 2018	$0.34	2018-11-29	2018-12-01
September 15, 2018	$0.34	2018-08-30	2018-09-01
June 15, 2018	$0.32	2018-05-31	2018-06-01
March 15, 2018	$0.32	2018-02-28	2018-03-01
December 15, 2017	$0.32	2017-11-30	2017-12-01
September 15, 2017	$0.32	2017-08-30	2017-09-01
June 15, 2017	$0.31	2017-05-30	2017-06-01
March 15, 2017	$0.31	2017-02-27	2017-03-01
December 15, 2016	$0.31	2016-11-29	2016-12-01
September 15, 2016	$0.31	2016-08-30	2016-09-01
June 15, 2016	$0.29	2016-05-27	2016-06-01
March 15, 2016	$0.29	2016-02-26	2016-03-01
December 15, 2015	$0.29	2015-11-27	2015-12-01
September 15, 2015	$0.29	2015-08-28	2015-09-01
June 15, 2015	$0.28	2015-05-28	2015-06-01
March 15, 2015	$0.28	2015-02-25	2015-03-01
December 15, 2014	$0.28	2014-11-26	2014-12-01
September 15, 2014	$0.28	2014-08-27	2014-09-01
June 15, 2014	$0.27	2014-05-28	2014-06-01
March 15, 2014	$0.27	2014-02-26	2014-03-01
December 15, 2013	$0.41	2013-11-26	2013-12-01
September 15, 2013	$0.41	2013-08-28	2013-09-01
June 15, 2013	$0.40	2013-05-29	2013-06-01
March 15, 2013	$0.40	2013-02-27	2013-03-01
December 15, 2012	$0.40	2012-11-28	2012-12-01
September 15, 2012	$0.40	2012-08-30	2012-09-01
June 15, 2012	$0.38	2012-05-30	2012-06-01
March 15, 2012	$0.38	2012-02-28	2012-03-01
December 15, 2011	$0.38	2011-11-29	2011-12-01
September 15, 2011	$0.38	2011-08-30	2011-09-01
June 15, 2011	$0.38	2011-05-27	2011-06-01
March 15, 2011	$0.38	2011-02-25	2011-03-01
December 15, 2010	$0.38	2010-11-29	2010-12-01
September 15, 2010	$0.38	2010-08-30	2010-09-01
June 15, 2010	$0.37	2010-05-27	2010-06-01
March 15, 2010	$0.37	2010-02-25	2010-03-01
December 15, 2009	$0.37	2009-11-27	2009-12-01
September 15, 2009	$0.37	2009-08-28	2009-09-01
June 15, 2009	$0.36	2009-05-28	2009-06-01
March 15, 2009	$0.36	2009-02-25	2009-03-01
December 15, 2008	$0.36	2008-11-26	2008-12-01
September 15, 2008	$0.36	2008-08-27	2008-09-01
June 15, 2008	$0.35	2008-05-28	2008-06-01
March 15, 2008	$0.35	2008-02-27	2008-03-01
December 15, 2007	$0.35	2007-11-28	2007-12-01
September 15, 2007	$0.35	2007-08-29	2007-09-01
June 15, 2007	$0.35	2007-05-30	2007-06-01
March 15, 2007	$0.35	2007-02-27	2007-03-01
December 15, 2006	$0.35	2006-11-29	2006-12-01
September 15, 2006	$0.35	2006-08-30	2006-09-01
June 15, 2006	$0.34	2006-05-30	2006-06-01
March 15, 2006	$0.34	2006-02-27	2006-03-01
December 15, 2005	$0.34	2005-11-29	2005-12-01
September 15, 2005	$0.34	2005-08-30	2005-09-01
June 15, 2005	$0.34	2005-05-27	2005-06-01
March 15, 2005	$0.34	2005-02-25	2005-03-01
December 15, 2004	$0.34	2004-11-29	2004-12-01
September 15, 2004	$0.34	2004-08-30	2004-09-01
June 15, 2004	$0.34	2004-05-27	2004-06-01
March 15, 2004	$0.34	2004-02-26	2004-03-01

Dividends Summary

Consistent Payer: MGE Energy Inc has rewarded shareholders with 89 dividend payments over the past 22 years.
Total Returned Value: Investors who held MGEE shares during this period received a total of $32.31 per share in dividend income.
Latest Payout: The most recent dividend of $0.47/share was paid 39 days ago, on December 15, 2025.
Yield & Schedule: MGEE currently pays dividends quarterly with an annual yield of 2.40%.
Dividend Growth: Since 2004, the dividend payout has grown by 40.4%, from $0.34 to $0.47.
Dividend Reliability: MGEE has maintained or increased its dividend for 49 consecutive payments.

Company News

MGE (MGEE) Misses Q2 Earnings and Revenue Estimates

Zacks Investment Research • Zacks Investment Research • August 7, 2024

MGE, a public utility holding company, reported Q2 earnings of $0.66 per share, missing the Zacks Consensus Estimate of $0.95 per share. Revenues also fell short of expectations. The company has not been able to surpass consensus EPS and revenue estimates over the last four quarters.

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Why MGE (MGEE) is a Great Dividend Stock Right Now

Zacks Investment Research • Zacks Investment Research • August 6, 2024

MGE, a Utilities stock, has seen a 17.45% price change so far this year and currently pays a dividend of $0.43 per share with a yield of 2.01%. The company's dividend growth has been steady, with a 5-year average annual increase of 4.75%. Earnings growth for MGE is expected to be 13.54% for the current fiscal year, making it a compelling investme...

MGE (MGEE) Could Be a Great Choice

Zacks Investment Research • Zacks Equity Research • June 28, 2024

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MGE (MGEE) have what it takes? Let's find out.

Reasons to Add MGE Energy (MGEE) Stock to Your Portfolio

Zacks Investment Research • Zacks Equity Research • June 24, 2024

MGE Energy (MGEE), with rising estimates for earnings per share, strong ROE and a long history of dividends, makes a solid investment choice in the utility space.

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Is MGE Energy (MGEE) Outperforming Other Utilities Stocks This Year?

Zacks Investment Research • Zacks Equity Research • June 18, 2024

Here is how MGE (MGEE) and PSEG (PEG) have performed compared to their sector so far this year.

PEG