The Board of Directors of MGE Energy approved a 7.0% increase in the company's regular quarterly dividend to 50.83c per share on its outstanding common stock. The dividend is payable September 15, 2026, to shareholders of record as of September 1, 2026. The increase raises MGE Energy's annualized dividend rate to $2.0332 per share and marks the company's 51st consecutive year of dividend increases. "This dividend increase reflects our Board's continued confidence in MGE Energy's long-term strategy, disciplined financial management and commitment to delivering regular, predictable and sustainable returns to shareholders," said Jeff Keebler, Chairman, President and CEO.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MGE (MGEE) have what it takes?

MGE (MGEE) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.72 per share a year ago.

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Second-Quarter 2026 Earnings.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MGE (MGEE) have what it takes?

MGE (MGEE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MGE (MGEE) have what it takes?

MGE Energy is a high-quality regulated utility with sector-leading credit ratings and robust rate base growth, benefiting from a constructive Wisconsin regulatory environment. MGEE's stock has re-rated near fair value, supporting a Hold rating with an $85.37 price target, reflecting limited upside and a 2.31% forward dividend yield. Capex guidance has increased to $1.9 billion (2026-2030), driven by renewables and the RockGen acquisition, with share dilution and execution risk as key concerns.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MGE (MGEE) have what it takes?

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.