---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-043393"
form_type: "8-K"
ticker: "MGEE"
cik: "0001161728"
company_name: "MGE ENERGY INC"
filed_at: "2023-08-18T23:59:59+00:00"
generated_at: "2026-06-11T06:49:04.227543+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-23-043393
- form_type: 8-K
- ticker: MGEE
- cik: 0001161728
- company_name: MGE ENERGY INC
- filed_at: 2023-08-18T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1161728/000095017023043393/0000950170-23-043393-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1161728/000095017023043393/mgee-20230818.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-043393
- JSON: https://secwatch.observer/filing/0000950170-23-043393.json
- Plain text: https://secwatch.observer/filing/0000950170-23-043393.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.