MGE Energy raises quarterly dividend to $0.4275/share; 48th consecutive annual increase

MGE ENERGY INC

Quarterly dividend increased ~5% to $0.4275 per share, annualized from $1.63 to $1.71.
Dividend payable on Sept. 15, 2023, to shareholders of record as of Sept. 1, 2023.
48th consecutive year of dividend increases; cash dividends paid for over 110 years.
Chairman Jeff Keebler cites strength of clean energy transition and long-term business strategy.

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