Committed to Shareholder Value
MGE Energy has a long-standing commitment to shareholder value through steady dividends.
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 holding company can match our history of dividend increases. We have paid dividends for more than 100 consecutive years.
According to Zack’s Investment Research, MGE Energy’s recent dividend hike “is in sync with the company’s customer-focused business model.”
“MGE Energy’s main affiliate, Madison Gas and Electric (MGE), is making impressive strides with regard to its framework Energy 2030,” Zacks stated.
Our Energy 2030 framework aims to meet 25% of total retail electric sales with renewable sources by 2025, which will increase to 30% by 2030. The framework also includes the goal of reducing carbon dioxide emissions by 40% by 2030 from 2005 levels.