Dividends

Shareholders have come to expect strong performance and consistent growth from MGE Energy. We have increased dividends for more than 40 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 Calculator
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Dividend History

MGE Energy has increased its dividend annually for the past 45 years and has paid cash dividends for more than 110 years.

MGE Energy is recognized as a "Dividend Achiever" by the financial publisher Mergent.

Chart.
Ex-Date Record Payable Amount
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
11/29/2019 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
11/29/2018 12/01/2018 12/15/2018 $ 0.3375
08/30/2018 09/01/2018 09/15/2018 $ 0.3375
05/31/2018 06/01/2018 06/15/2018 $ 0.3225
02/28/2018 03/01/2018 03/15/2018 $ 0.3225
Total dividends paid per share in 2018 $ 1.3200
11/29/2017 12/01/2017 12/15/2017 $ 0.3225
08/30/2017 09/01/2017 09/15/2017 $ 0.3225
05/30/2017 06/01/2017 06/15/2017 $ 0.3075
02/27/2017 03/01/2017 03/15/2017 $ 0.3075
Total dividends paid per share in 2017 $ 1.2600
11/29/2016 12/01/2016 12/15/2016 $ 0.3075
08/30/2016 09/01/2016 09/15/2016 $ 0.3075
05/27/2016 06/01/2016 06/15/2016 $ 0.2950
02/26/2016 03/01/2016 03/15/2016 $ 0.2950
Total dividends paid per share in 2016 $ 1.2050