MGE Energy increases dividend 5.6% to $0.4750 per share for 50th consecutive year.

MGE Energy, Inc. increased its regular quarterly dividend rate by 5.6% to $0.4750 per share, marking the 50th consecutive year of dividend increases. The dividend is payable September 15, 2025, to shareholders of record September 1, 2025. The annualized dividend rate has risen from $1.80 to $1.90 per share.

MGE Energy, Inc. (Nasdaq: MGEE) has announced a 5.6% increase in its regular quarterly dividend, raising the rate to $0.4750 per share. This marks the 50th consecutive year of dividend increases for the utility holding company, a milestone achieved by only a select few companies. The dividend will be payable on September 15, 2025, to shareholders of record as of September 1, 2025. This increase raises the annualized dividend rate from $1.80 to $1.90 per share [1][2][3].

The company's Chairman, President, and CEO, Jeff Keebler, highlighted the significance of this achievement: "Today’s action by our board marks a milestone that only a select number of companies have achieved of increasing the dividend for 50 consecutive years, reinforcing our commitment to consistent and sustainable dividend growth and signaling the continued strength of MGE Energy’s long-term business strategy for building your community energy company for the future" [1][2][3].

MGE Energy, which has a history of paying cash dividends for over 110 years, continues to focus on its mission to provide safe, reliable, affordable, and sustainable energy. The company's principal subsidiary, Madison Gas and Electric (MGE), serves approximately 167,000 electricity customers in Dane County, Wisconsin, and provides natural gas to 178,000 customers across seven south-central and western Wisconsin counties [1][2][3].

This latest dividend increase underscores MGE Energy's commitment to shareholder value and financial stability. The company's disciplined financial management and long-term business strategy have been instrumental in achieving this milestone. As of the latest financial data, MGE Energy offers a dividend yield of 2.13% [3].

References:
[1] https://www.morningstar.com/news/business-wire/20250815978804/mge-energy-increases-dividend-for-50th-consecutive-year
[2] https://www.marketscreener.com/news/mge-energy-increases-dividend-for-50th-consecutive-year-ce7c51ded189f022
[3] https://www.investing.com/news/company-news/mge-energy-raises-quarterly-dividend-56-in-50th-consecutive-increase-93CH-4195792