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Showing posts with the label MGE Energy

MGE Energy hikes dividend by 5.6%

MGE Energy hikes dividend by 5.2%

MGE Energy (MGEE) on August 19, 2022 announced that it will raise its quarterly dividend by 5.2 percent to 40.75 cents per share in 2022. This marks the 46th consecutive year of dividend increases by the utility. The next dividend is payable September 15, 2022, to shareholders of record September 1, 2022. A new annual rate of $1.63 per share yields 1.9% at a stock price of $84.23 for MGEE. The next ex-dividend date is August 31, 2022. MGE Energy (Madison Gas and Electric) is a public utility holding company. Its principal subsidiary, Madison Gas and Electric, generates and distributes electricity to customers in Dane County, Wis., and purchases and distributes natural gas to customers in south-central and western Wisconsin counties. MGE Energy has paid cash dividends for more than 100 years.

MGE Energy hikes dividend by 4.7%

MGE Energy (MGEE) will raise its quarterly dividend by 4.7 percent to 38.75 cents per share in 2021. This follows a dividend hike of 5.0 percent to 37 cents per share in 2020 and marks the 46th consecutive year of dividend increases by the utility. The next dividend is payable September 15, 2021, to shareholders of record September 1, 2021. A new annual rate of $1.55 per share yields 1.88% at a stock price of $82.46 for MGEE. The next ex-dividend date is August 31, 2021. "Today’s dividend increase marks the company's 46th consecutive year of increasing its dividend, an accomplishment that everyone at MGE Energy can be proud of. We recognize the importance of dividend growth to the overall shareholder value proposition," Chairman, President and CEO Jeff Keebler said. "Today’s action by our board reinforces our long record of shareholder value through dividends and dividend growth and demonstrates the continued strength and resilience of MGE Energy's long-term busi...

MGE Energy hikes dividend for 42nd year

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MGE Energy (MGEE) will raise its dividend by 4.9 percent.

MGE Energy raises dividend for 41st consecutive year

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MGE Energy (MGEE) will hike its dividend by 4.2%.

MGE Energy increases dividend for 40th consecutive year

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MGE Energy will raise its dividend by 4.4%.

MGE Energy increases dividend for 39th consecutive year

MGE Energy (MGEE) will raise the regular quarterly dividend rate by 4% to $0,2825 per share. It's the 39th consecutive annual year of dividend increases.

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