MGE Energy Inc. Stock Dividends Overview

MGEE pays dividends quarterly. Last paid amount was $0.430 at Dec 15, 2023. As of today, dividend yield (TTM) is 2.22%.

Key Stats

Dividend Yield (TTM) 2.22%
Frequency Quarterly
1Y Growth 5.39%
Payout Ratio 0
Amount Per Share $0.430
Next Ex-Dividend Date Feb 29, 2024
Next Payment Date Mar 15, 2024

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.

Upcoming Dividend Payment

To receive the upcoming dividend from MGEE the purchase should be done within the next 0 days.
Here's a simple guide on how to buy MGEE stock.

MGEE Dividend Payout History

To ensure a understanding of MGEE's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 19, 2024 Feb 29, 2024 Mar 15, 2024 $0.428 0.671%
2 Oct 20, 2023 Nov 30, 2023 Dec 15, 2023 $0.430 0.586%
3 Aug 18, 2023 Aug 31, 2023 Sep 15, 2023 $0.428 0.578%
4 May 16, 2023 May 31, 2023 Jun 15, 2023 $0.408 0.516%
5 Jan 20, 2023 Feb 28, 2023 Mar 15, 2023 $0.408 0.539%
6 Oct 21, 2022 Nov 30, 2022 Dec 15, 2022 $0.408 0.576%
7 Aug 19, 2022 Aug 31, 2022 Sep 15, 2022 $0.408 0.545%
8 May 17, 2022 May 31, 2022 Jun 15, 2022 $0.388 0.517%
9 Jan 21, 2022 Feb 28, 2022 Mar 15, 2022 $0.388 0.501%
10 Oct 15, 2021 Nov 30, 2021 Dec 15, 2021 $0.388 0.486%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (100.00%)

Growth potential

Decrease likely (20.79%)

MGEE Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from MGEE dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MGEE stock here.

Comparing MGEE to Sector and Country

MGEE pays a solid dividend yield of 2.22%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.77%). MGEE’s dividend yield is lower than the average of the top 25% of dividend payers in the Utilities sector in the US market (7.37%), which means that there are more attractive dividend stocks to consider.

MGEE Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
AY
Atlantica Yield plc 2.083B $0.445 7.51% 438.17%
Global Water Resources, Inc 310.604M $0.0251 2.84% 93.78%
Artesian Resources Corporation 351.774M $0.290 2.70% 70.17%
Otter Tail Corporation 3.65B $0.468 2.26% 24.83%
MGE Energy Inc. 2.287B $0.430 2.22% 51.31%
The York Water Company 507.278M $0.211 2.06% 50.42%
Middlesex Water Company 906.717M $0.325 1.96% 67.51%

FAQ

What factors can affect the amount of MGEE's dividend payments?
The amount of MGEE's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in MGEE sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from MGEE stock be automatically reinvested?
If MGEE offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy MGEE stock.

How often does MGEE pay dividend?
MGE Energy Inc. (MGEE) pays dividends quarterly. The most recent payout was on Dec 15, 2023. The upcoming dividend Ex Date is Feb 29, 2024, with an amount of $0.428.

How much does MGEE pays per share?
The last recorder (Nov 30, 2023) dividend per share was $0.430.

What is MGEE dividend growth rate?
Over the last year, MGE Energy Inc. has witnessed growth rate of 5.39% . Looking back over the past 3 years, this growth rate has been 5.14%. Furthermore, examining the past 5 years, MGE Energy Inc. has maintained an average Dividends Per Share Growth Rate of 4.93%.

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About MGE Energy Inc.

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... MGEE Profile

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