Dividends
Shareholders have come to expect strong performance and consistent growth from MGE Energy. We have increased dividends for more than 48 consecutive years and grown our assets as we have invested to ensure reliability and take advantage of new technology.
Madison Gas and Electric (MGE), the main regulated subsidiary of MGE Energy, has maintained the highest credit rating of any investor-owned electric and gas utility in the nation from both Standard and Poor's (S&P) and Moody's. In addition, MGE Energy is consistently ranked as a Dividend Achiever nationwide by Mergent, Inc. Recognition of this financial performance reflects our steadfast commitment to shareholder value.
Current Dividend Data
Here is the most recent quarterly dividend as set by the MGE Energy Board of Directors.
Dividend History
MGE Energy has increased its dividend annually for the past 48 years and has paid cash dividends for more than 110 years.
MGE Energy is recognized as a "Dividend Achiever" by the financial publisher Mergent.
| Ex-Date | Record | Payable | Amount |
|---|---|---|---|
| 02/29/2024 | 03/01/2024 | 03/15/2024 | $ 0.4275 |
| Total dividends paid per share in 2024 | $ 0.4275 | ||
| 11/30/2023 | 12/01/2023 | 12/15/2023 | $ 0.4275 |
| 08/31/2023 | 09/01/2023 | 09/15/2023 | $ 0.4275 |
| 05/31/2023 | 06/01/2023 | 06/15/2023 | $ 0.4075 |
| 02/28/2023 | 03/01/2023 | 03/15/2023 | $ 0.4075 |
| Total dividends paid per share in 2023 | $ 1.6700 | ||
| 11/30/2022 | 12/01/2022 | 12/15/2022 | $ 0.4075 |
| 08/31/2022 | 09/01/2022 | 09/15/2022 | $ 0.4075 |
| 05/31/2022 | 06/01/2022 | 06/15/2022 | $ 0.3875 |
| 02/28/2022 | 03/01/2022 | 03/15/2022 | $ 0.3875 |
| Total dividends paid per share in 2022 | $ 1.5900 | ||
| 11/30/2021 | 12/01/2021 | 12/15/2021 | $ 0.3875 |
| 08/30/2021 | 09/01/2021 | 09/15/2021 | $ 0.3875 |
| 05/28/2021 | 06/01/2021 | 06/15/2021 | $ 0.3700 |
| 02/26/2021 | 03/01/2021 | 03/15/2021 | $ 0.3700 |
| Total dividends paid per share in 2021 | $ 1.5150 | ||
| 11/30/2020 | 12/01/2020 | 12/15/2020 | $ 0.3700 |
| 08/31/2020 | 09/01/2020 | 09/15/2020 | $ 0.3700 |
| 05/29/2020 | 06/01/2020 | 06/15/2020 | $ 0.3525 |
| 02/27/2020 | 03/01/2020 | 03/15/2020 | $ 0.3525 |
| Total dividends paid per share in 2020 | $ 1.4450 | ||
| 11/27/2019 | 12/01/2019 | 12/15/2019 | $ 0.3525 |
| 08/29/2019 | 09/01/2019 | 09/15/2019 | $ 0.3525 |
| 05/30/2019 | 06/01/2019 | 06/15/2019 | $ 0.3375 |
| 02/28/2019 | 03/01/2019 | 03/15/2019 | $ 0.3375 |
| Total dividends paid per share in 2019 | $ 1.3800 | ||