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MGE Energy Declares $0.5083 Quarterly Dividend Payable in December

NeutralLow impact
MGEE$72.10 1.15%

MGE Energy, Inc. (NASDAQ:MGEE) announced that its board of directors approved a regular quarterly cash dividend of $0.5083 per share on outstanding common stock. The payment is scheduled for distribution on December 15, 2026, to stockholders of record as of the close of business on December 1, 2026. Shares of the utility holding company traded up 1.01% to $72 following the announcement.

The declaration highlights the company's continuous track record of returning capital to investors. MGE Energy has delivered uninterrupted cash dividends to shareholders for more than 115 years and has raised its payout every year for the last 51 years. The firm serves 170,000 electric customers and 180,000 natural gas customers across Wisconsin through its primary subsidiary, Madison Gas and Electric.

Investors will look toward the December 1, 2026 record date to determine eligibility for the upcoming quarterly payout. Key factors ahead include the company's ongoing utility operations and seasonal energy demand across its Wisconsin service territory.

Key points

  • MGE Energy declared a regular quarterly dividend of $0.5083 per share.
  • The payout is scheduled for December 15, 2026, for shareholders of record as of December 1, 2026.
  • MGE Energy has increased its dividend annually for 51 consecutive years.
  • The company has maintained cash dividend payments for more than 115 years.
  • MGE Energy stock traded up 1.01% to $72 following the declaration.

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Questions and answers

What is the MGE Energy dividend amount and payment date?

MGE Energy declared a quarterly dividend of $0.5083 per share, payable on December 15, 2026, to shareholders of record as of December 1, 2026.

How long has MGE Energy paid and raised its dividend?

MGE Energy has paid cash dividends for more than 115 years and has increased its annual payout for 51 consecutive years.

What is MGE Energy's current stock price and performance?

MGE Energy stock (NASDAQ:MGEE) traded at $72, up 1.01% on the day of the dividend announcement.