dividend
confidence high
sentiment positive
materiality 0.60
MGE Energy raises quarterly dividend 5.6% to $0.475, 50th consecutive year increase
MGE ENERGY INC
- Quarterly dividend increased to $0.4750 per share (annualized $1.90), payable Sept 15 to holders of record Sept 1.
- Annualized rate raised by $0.10 per share from $1.80, marking 50th straight year of dividend increases.
- Chairman Jeff Keebler cites commitment to sustainable dividend growth and disciplined financial management.
- MGE Energy has paid cash dividends for over 110 consecutive years.