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MGE Energy (MGEE) Dividend Yield, Date & History

MGE Energy logo
$94.46 +0.52 (+0.55%)
(As of 12/20/2024 05:16 PM ET)

MGE Energy Dividend Summary

Dividend Yield
1.91%
Annual Dividend
$1.80
Recent
Dividend Payment
Dec. 15
Dividend Increase
Track Record
49 Years
Annualized 3-Year
Dividend Growth
4.94%
Dividend Payout Ratio
55.05%

MGE Energy (MGEE) pays an annual dividend of $1.80 per share, with a dividend yield of 1.91%. The next quarterly payment of $0.45 per share was paid on Sunday, December 15, to investors who owned the stock before the ex-dividend date of Friday, November 29. MGEE has grown its dividend for 49 consecutive years, with an average annual increase of 1.62%. The company currently pays out 55.05% of its earnings and 30.89% of its cash flow as dividends.

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MGEE Dividend Payments by Quarter

The chart below displays up to four years of MGE Energy's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MGEE Dividend Yield Over Time

The chart below tracks MGE Energy's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

MGE Energy vs. The Competition

Compare MGE Energy's annual dividend, yield, and 3-year growth rate with averages for Utilities and NASDAQ companies to evaluate its performance against the market.

TypeMGE EnergyUtilities CompaniesNASDAQ Companies
Annual Dividend$1.80$0.04$1.31
Dividend Yield1.91%4.12%4.23%
Annualized 3-Year Dividend Growth4.94%1.19%14.22%
Track Record49 years28 years19 years

MGE Energy Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings55.05%
Based on This Year's Estimate50.56%
Based on Next Year's Estimate45.57%
Based on Cashflow30.89%

MGE Energy Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/18/2024Quarterly$0.45 - 1.95%11/29/202412/1/202412/15/2024
8/16/2024quarterly$0.45+$0.0220
5.14%
2.1%8/30/20249/1/20249/15/2024
5/21/2024Quarterly$0.4280 - 2.13%5/31/20246/1/20246/15/2024
1/19/2024Quarterly$0.4280 - 2.49%2/29/20243/1/20243/15/2024
10/20/2023Quarterly$0.4280 - 2.45%11/30/202312/1/202312/15/2023
8/18/2023Quarterly$0.4280+$0.0205
5.03%
2.29%8/31/20239/1/20239/15/2023
5/16/2023Quarterly$0.4075+$0.0005
0.12%
2.13%5/31/20236/1/20236/15/2023
1/20/2023Quarterly$0.4070 - 2.32%2/28/20233/1/20233/15/2023

This table shows MGE Energy's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

MGE Energy Dividend - Frequently Asked Questions

The current dividend yield for MGE Energy is 1.91%. Learn more on MGEE's dividend yield history.

The annual dividend for MGEE shares is $1.80. Learn more on MGEE's annual dividend history.

MGE Energy pays quarterly dividends to shareholders.

MGE Energy's most recent quarterly dividend payment of $0.45 per share was made to shareholders on Sunday, December 15, 2024.

MGE Energy's most recent ex-dividend date was Friday, November 29, 2024.

Over the past three years, the company's dividend has grown by an average of 4.94% per year.

MGE Energy has increased its dividend for the past 49 consecutive years.

The most recent change in the company's dividend was an increase of $0.0220 on Friday, August 16, 2024.

The dividend payout ratio for MGEE is:
  • 55.05% based on the trailing year of earnings
  • 50.56% based on this year's estimates
  • 45.57% based on next year's estimates
  • 30.89% based on cash flow

MGE Energy's dividend yield of 1.84% is lower than the average Utilities company that issues a dividend. The company's 49 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. MGE Energy's dividend payout ratio of 55.05% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate MGE Energy stock as a Sell, forecasting declining performance or overvaluation, indicating potential reasons to exit positions.


This page (NASDAQ:MGEE) was last updated on 12/22/2024 by MarketBeat.com Staff
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