MGEE - NASDAQ
MGE Energy, Inc.
$73.86
+0.61%MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources, as well as purchases power under short and long-term commitments. As of December 31, 2021, the company generated and distributed electricity to 159,000 customers in Dane County, Wisconsin; and purchased and distributed natural gas to 169,000 customers in seven Wisconsin counties. MGE Energy, Inc.is headquartered in Madison, Wisconsin.
At a Glance
Live SnapshotMGE Energy, Inc. Dividend History
MGEE Dividend Payment History
Total Payments
50
Latest Dividend
$0.4750
Annual Amount
$1.9000
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 19, 2026 | Jun 1, 2026 | Jun 15, 2026 | $0.4750 | $0.4750 | Quarterly | 0.00% |
Jan 16, 2026 | Mar 1, 2026 | Mar 15, 2026 | $0.4750 | $0.4750 | Quarterly | 0.00% |
Oct 17, 2025 | Dec 1, 2025 | Dec 15, 2025 | $0.4750 | $0.4750 | Quarterly | 0.00% |
Aug 15, 2025 | Sep 1, 2025 | Sep 15, 2025 | $0.4750 | $0.4750 | Quarterly | +5.56% |
May 20, 2025 | Jun 1, 2025 | Jun 15, 2025 | $0.4500 | $0.4500 | Quarterly | 0.00% |
Jan 17, 2025 | Mar 1, 2025 | Mar 15, 2025 | $0.4500 | $0.4500 | Quarterly | 0.00% |
Oct 18, 2024 | Dec 1, 2024 | Dec 15, 2024 | $0.4500 | $0.4500 | Quarterly | 0.00% |
Aug 16, 2024 | Sep 1, 2024 | Sep 15, 2024 | $0.4500 | $0.4500 | Quarterly | +5.14% |
May 21, 2024 | Jun 1, 2024 | Jun 15, 2024 | $0.4280 | $0.4280 | Quarterly | 0.00% |
Jan 19, 2024 | Mar 1, 2024 | Mar 15, 2024 | $0.4280 | $0.4280 | Quarterly | 0.00% |
Oct 20, 2023 | Dec 1, 2023 | Dec 15, 2023 | $0.4280 | $0.4280 | Quarterly | 0.00% |
Aug 18, 2023 | Sep 1, 2023 | Sep 15, 2023 | $0.4280 | $0.4280 | Quarterly | +4.90% |
May 16, 2023 | Jun 1, 2023 | Jun 15, 2023 | $0.4080 | $0.4080 | Quarterly | 0.00% |
Jan 20, 2023 | Mar 1, 2023 | Mar 15, 2023 | $0.4070 | $0.4080 | Quarterly | 0.00% |
Oct 21, 2022 | Dec 1, 2022 | Dec 15, 2022 | $0.4070 | $0.4080 | Quarterly | 0.00% |
Aug 19, 2022 | Sep 1, 2022 | Sep 15, 2022 | $0.4080 | $0.4080 | Quarterly | +5.15% |
May 17, 2022 | Jun 1, 2022 | Jun 15, 2022 | $0.3870 | $0.3880 | Quarterly | 0.00% |
Jan 21, 2022 | Mar 1, 2022 | Mar 15, 2022 | $0.3870 | $0.3880 | Quarterly | 0.00% |
Oct 15, 2021 | Dec 1, 2021 | Dec 15, 2021 | $0.3870 | $0.3880 | Quarterly | 0.00% |
Aug 20, 2021 | Sep 1, 2021 | Sep 15, 2021 | $0.3870 | $0.3880 | Quarterly | +4.86% |
May 18, 2021 | Jun 1, 2021 | Jun 15, 2021 | $0.3700 | $0.3700 | Quarterly | 0.00% |
Jan 15, 2021 | Mar 1, 2021 | Mar 15, 2021 | $0.3700 | $0.3700 | Quarterly | 0.00% |
Oct 16, 2020 | Dec 1, 2020 | Dec 15, 2020 | $0.3700 | $0.3700 | Quarterly | 0.00% |
Jul 17, 2020 | Sep 1, 2020 | Sep 15, 2020 | $0.3700 | $0.3700 | Quarterly | +5.11% |
May 19, 2020 | Jun 1, 2020 | Jun 15, 2020 | $0.3520 | $0.3520 | Quarterly | 0.00% |
Jan 17, 2020 | Mar 1, 2020 | Mar 15, 2020 | $0.3520 | $0.3520 | Quarterly | 0.00% |
Oct 18, 2019 | Dec 1, 2019 | Dec 15, 2019 | $0.3520 | $0.3520 | Quarterly | 0.00% |
Aug 16, 2019 | Sep 1, 2019 | Sep 15, 2019 | $0.3520 | $0.3520 | Quarterly | +4.14% |
May 14, 2019 | Jun 1, 2019 | Jun 15, 2019 | $0.3380 | $0.3380 | Quarterly | 0.00% |
Jan 18, 2019 | Mar 1, 2019 | Mar 15, 2019 | $0.3380 | $0.3380 | Quarterly | 0.00% |
Oct 19, 2018 | Dec 1, 2018 | Dec 15, 2018 | $0.3380 | $0.3380 | Quarterly | 0.00% |
Aug 17, 2018 | Sep 1, 2018 | Sep 15, 2018 | $0.3380 | $0.3380 | Quarterly | +4.97% |
May 15, 2018 | Jun 1, 2018 | Jun 15, 2018 | $0.3220 | $0.3220 | Quarterly | 0.00% |
Jan 19, 2018 | Mar 1, 2018 | Mar 15, 2018 | $0.3220 | $0.3220 | Quarterly | 0.00% |
Oct 20, 2017 | Dec 1, 2017 | Dec 15, 2017 | $0.3220 | $0.3220 | Quarterly | 0.00% |
Aug 21, 2017 | Sep 1, 2017 | Sep 15, 2017 | $0.3220 | $0.3220 | Quarterly | +4.55% |
May 17, 2017 | Jun 1, 2017 | Jun 15, 2017 | $0.3080 | $0.3080 | Quarterly | 0.00% |
Jan 23, 2017 | Mar 1, 2017 | Mar 15, 2017 | $0.3080 | $0.3080 | Quarterly | 0.00% |
Nov 21, 2016 | Dec 1, 2016 | Dec 15, 2016 | $0.3080 | $0.3080 | Quarterly | 0.00% |
Aug 22, 2016 | Sep 1, 2016 | Sep 15, 2016 | $0.3080 | $0.3080 | Quarterly | +4.41% |
May 18, 2016 | Jun 1, 2016 | Jun 15, 2016 | $0.2950 | $0.2950 | Quarterly | 0.00% |
Jan 19, 2016 | Mar 1, 2016 | Mar 15, 2016 | $0.2950 | $0.2950 | Quarterly | 0.00% |
Nov 23, 2015 | Dec 1, 2015 | Dec 15, 2015 | $0.2950 | $0.2950 | Quarterly | 0.00% |
Aug 24, 2015 | Sep 1, 2015 | Sep 15, 2015 | $0.2950 | $0.2950 | Quarterly | +4.61% |
May 20, 2015 | Jun 1, 2015 | Jun 15, 2015 | $0.2820 | $0.2820 | Quarterly | 0.00% |
Jan 20, 2015 | Mar 1, 2015 | Mar 15, 2015 | $0.2820 | $0.2820 | Quarterly | 0.00% |
Nov 21, 2014 | Dec 1, 2014 | Dec 15, 2014 | $0.2820 | $0.2820 | Quarterly | 0.00% |
Aug 15, 2014 | Sep 1, 2014 | Sep 15, 2014 | $0.2820 | $0.2820 | Quarterly | +3.68% |
May 21, 2014 | Jun 1, 2014 | Jun 15, 2014 | $0.2720 | $0.2720 | Quarterly | 0.00% |
Jan 21, 2014 | Mar 1, 2014 | Mar 15, 2014 | $0.2720 | $0.2720 | Quarterly | - |
MGE Energy, Inc. Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.
Dividend Growth
Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.
Sustainability
Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.
Related Guides
Continue your MGEE research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.