MGE Energy (MGEE) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $1.93
- Forward yield
- 2.74%
- Payout ratio
- 52.4%
- Growth streak
- 5 years
MGE Energy pays a quarterly dividend of $0.51 per share. Its most recent payment had an ex-date of September 1, 2026 and was paid on September 15, 2026. Over the trailing twelve months, it paid $1.93 per share, a yield of about 2.74% at a share price of $70.43.
The record shows a steady annual rhythm. MGE Energy has raised its dividend once a year, each time with the payment that goes ex-dividend around the end of August. The rate went from $0.39 to $0.41 in 2022, then to $0.43 in 2023, $0.45 in 2024, $0.48 in 2025 and $0.51 in 2026. Each raise was two or three cents, or roughly 4.7% to 6.7%. Since late 2021, the quarterly rate has grown about 31%. The source gives a growth streak of five consecutive calendar years.
Ex-dates fall around the end of February, May, August and November, with payment on the 15th, about two weeks later. If the pattern holds, the next payment would go ex-dividend around the end of November 2026 and be paid around December 15. Past raises have come with the late-August or early-September payment, not the November one.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Aug 21, 2026 | Sep 1, 2026 | Sep 15, 2026 | $0.51 |
| May 19, 2026 | Jun 1, 2026 | Jun 15, 2026 | $0.48 |
| Jan 16, 2026 | Feb 27, 2026 | Mar 15, 2026 | $0.48 |
| Oct 17, 2025 | Dec 1, 2025 | Dec 15, 2025 | $0.48 |
| Aug 15, 2025 | Aug 29, 2025 | Sep 15, 2025 | $0.48 |
| May 20, 2025 | May 30, 2025 | Jun 15, 2025 | $0.45 |
| Jan 17, 2025 | Feb 28, 2025 | Mar 15, 2025 | $0.45 |
| Oct 18, 2024 | Nov 29, 2024 | Dec 15, 2024 | $0.45 |
| Aug 16, 2024 | Aug 30, 2024 | Sep 15, 2024 | $0.45 |
| May 21, 2024 | May 31, 2024 | Jun 15, 2024 | $0.43 |
| Jan 19, 2024 | Feb 29, 2024 | Mar 15, 2024 | $0.43 |
| Oct 20, 2023 | Nov 30, 2023 | Dec 15, 2023 | $0.43 |
| Aug 18, 2023 | Aug 31, 2023 | Sep 15, 2023 | $0.43 |
| May 16, 2023 | May 31, 2023 | Jun 15, 2023 | $0.41 |
| Jan 20, 2023 | Feb 28, 2023 | Mar 15, 2023 | $0.41 |
| Oct 21, 2022 | Nov 30, 2022 | Dec 15, 2022 | $0.41 |
| Aug 19, 2022 | Aug 31, 2022 | Sep 15, 2022 | $0.41 |
| May 17, 2022 | May 31, 2022 | Jun 15, 2022 | $0.39 |
| Jan 21, 2022 | Feb 28, 2022 | Mar 15, 2022 | $0.39 |
| Oct 15, 2021 | Nov 30, 2021 | Dec 15, 2021 | $0.39 |
Frequently asked questions
Does MGE Energy (MGEE) pay a dividend?
Yes. MGE Energy pays a quarterly dividend; the most recent payment was $0.51 per share.
What is MGEE's dividend yield?
MGE Energy paid $1.93 per share over the trailing twelve months, a yield of 2.74% at the last price of $70.60. Click here to learn more
When is MGEE's most recent ex-dividend date?
MGE Energy's most recent ex-dividend date is Sep 1, 2026, payable on Sep 15, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has MGEE been raising its dividend?
Yes — MGE Energy has increased its dividend for 5 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.