Steady Dividend Increases for 41 Years
A well-managed company is able to pay cash dividends to its investors—which we have done for more than 100 years. In addition, we have increased our dividend for the last 41 consecutive years.
Over that 41-year period, MGE Energy has paid a total of $896 million in cash dividends to our shareholders.
Compared to combination utility holding companies nationwide, MGE Energy is one of only four to increase its dividend for 41 or more consecutive years. No other Wisconsin utility or utility holding company can match our history of dividend increases.
We have more than tripled the dividend rate. Forty-one years ago, the dividend rate was 36 cents per share. In 2016, dividends paid per share reached $1.21.
The financial publisher Mergent consistently ranks us as a "Dividend Achiever" for our annual dividend. We are in a select group of U.S. companies dedicated to investor dividends.