MGE Energy Inc. Stock Dividends
MGEE pays dividends quarterly. Last paid amount was $0.428 at Mar 15, 2024. As of today, dividend yield (TTM) is 2.25%.
Dividend Yield Range
AI Analysis of MGEE
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.25% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 4.78% |
| Payout Ratio | 0 |
| Amount Per Share | $0.428 |
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MGE Energy Inc. has not yet announced its next dividend date. Last payment date was: Mar 15, 2024.
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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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 71 | Aug 18, 2006 | Aug 30, 2006 | Sep 15, 2006 | $0.232 | 1.04% |
| 72 | May 23, 2006 | May 30, 2006 | Jun 15, 2006 | $0.230 | 1.12% |
| 73 | Feb 17, 2006 | Feb 27, 2006 | Mar 15, 2006 | $0.230 | 1.04% |
| 74 | Nov 18, 2005 | Nov 29, 2005 | Dec 15, 2005 | $0.230 | 0.97% |
| 75 | Aug 19, 2005 | Aug 30, 2005 | Sep 15, 2005 | $0.230 | 0.94% |
| 76 | May 10, 2005 | May 27, 2005 | Jun 15, 2005 | $0.228 | 0.94% |
| 77 | Feb 18, 2005 | Feb 25, 2005 | Mar 15, 2005 | $0.228 | 0.97% |
| 78 | Nov 19, 2004 | Nov 29, 2004 | Dec 15, 2004 | $0.228 | 0.96% |
| 79 | Aug 20, 2004 | Aug 30, 2004 | Sep 15, 2004 | $0.228 | 1.07% |
| 80 | May 11, 2004 | May 27, 2004 | Jun 15, 2004 | $0.225 | 1.09% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
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 2.25%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.68%). MGEE’s dividend yield is lower than the average of the top 25% of dividend payers in the Utilities sector in the US market (8.59%), which means that there are more attractive dividend stocks to consider.
MGEE Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Atlantica Yield plc | 2.487B | $0.445 | 8.34% | 320.40% | |
| Global Water Resources, Inc | 307.025M | $0.0251 | 2.81% | 90.02% | |
| Artesian Resources Corporation | 391.689M | $0.290 | 2.70% | 67.32% | |
| Otter Tail Corporation | 3.874B | $0.468 | 2.27% | 24.30% | |
| MGE Energy Inc. | 2.883B | $0.428 | 2.25% | 51.31% | |
| The York Water Company | 528.502M | $0.211 | 2.23% | 47.96% | |
| Middlesex Water Company | 970.213M | $0.325 | 1.95% | 71.57% |
