MGEE MGE Energy, Inc. — dividend yield, history & ex-dividend dates
MGE Energy, Inc. operates as a public utility holding company, primarily conducting its business in Wisconsin through various subsidiary entities. The company's operations are divided into several key segments: Regulated Electric Utility, Regulated Gas Utility, Nonregulated Energy, Transmission Investments, and an "All Other" category. Its core activities involve the generation, acquisition, and delivery of electricity, utilizing owned or leased power generation facilities situated in both Wisconsin and Iowa. Furthermore, MGE Energy undertakes the planning, construction, operation, maintenance, and expansion of transmission infrastructure to provide essential transmission services. The company's electricity generation portfolio includes coal-fired, gas-fired, and renewable energy sources, supplemented by power purchased under both short-term and long-term agreements. As of December 31, 2021, MGE Energy was supplying electricity to 159,000 customers in Dane County, Wisconsin, and distributing natural gas to 169,000 customers across seven Wisconsin counties. The company maintains its corporate headquarters in Madison, Wisconsin.
Dividend Snapshot
Key Metrics
Current Yield
2.66%
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$2.0332
The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.Frequency
Q Quarterly
How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.Rank Score
61.5
Our 0-100 house score blending yield, payout safety, growth and momentum. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.RSI (14)
34
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$72.45 – $87.05
The lowest and highest price over the past year — shows where today's price sits in its recent range.Payout Ratio
49.74%
The share of GAAP earnings paid out as dividends. Lower leaves more cushion; above 100% means paying out more than the company earns. It shows n/a for BDCs, REITs and funds, which pay out of cash flow / net investment income rather than GAAP earnings, so this ratio doesn't apply.Years Paying
39
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book
2.20
Price-to-book ratio: share price divided by book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
Why the Yield Moved (90 Days)
MGEE's dividend yield rose from 2.47% to 2.66% over the past ~90 days (+0.19 pp). Of that move, +0.17 pp came from changes in the dividend rate and +0.01 pp from the share price ($76.91 → $76.48). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 334 daily observations over the past 16 months, MGEE's current yield is higher than approximately 100% of them. Our stored price history for MGEE covers the past 16 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.5083 Q | Regular | Aug 21, 2026 | Sep 01, 2026 | Sep 01, 2026 | Sep 15, 2026 |
| $0.4750 Q | Regular | May 19, 2026 | Jun 01, 2026 | Jun 01, 2026 | Jun 15, 2026 |
| $0.4750 Q | Regular | Jan 16, 2026 | Feb 27, 2026 | Mar 01, 2026 | Mar 15, 2026 |
| $0.4750 Q | Regular | Oct 17, 2025 | Dec 01, 2025 | Dec 01, 2025 | Dec 15, 2025 |
| $0.4750 Q | Regular | Aug 15, 2025 | Aug 29, 2025 | Sep 01, 2025 | Sep 15, 2025 |
| $0.4500 Q | Regular | May 20, 2025 | May 30, 2025 | Jun 01, 2025 | Jun 15, 2025 |
| $0.4500 Q | Regular | Jan 17, 2025 | Feb 28, 2025 | Mar 01, 2025 | Mar 15, 2025 |
| $0.4500 Q | Regular | Oct 18, 2024 | Nov 29, 2024 | Dec 01, 2024 | Dec 15, 2024 |
| $0.4500 Q | Regular | Aug 16, 2024 | Aug 30, 2024 | Sep 01, 2024 | Sep 15, 2024 |
| $0.4275 Q | Regular | May 21, 2024 | May 31, 2024 | Jun 01, 2024 | Jun 15, 2024 |
| $0.4275 Q | Regular | Jan 19, 2024 | Feb 29, 2024 | Mar 01, 2024 | Mar 15, 2024 |
| $0.4275 Q | Regular | Oct 20, 2023 | Nov 30, 2023 | Dec 01, 2023 | Dec 15, 2023 |
| $0.4275 Q | Regular | Aug 18, 2023 | Aug 31, 2023 | Sep 01, 2023 | Sep 15, 2023 |
| $0.4075 Q | Regular | May 16, 2023 | May 31, 2023 | Jun 01, 2023 | Jun 15, 2023 |
| $0.4070 Q | Regular | Jan 20, 2023 | Feb 28, 2023 | Mar 01, 2023 | Mar 15, 2023 |
| $0.4070 Q | Regular | Oct 21, 2022 | Nov 30, 2022 | Dec 01, 2022 | Dec 15, 2022 |
| $0.4075 Q | Regular | Aug 19, 2022 | Aug 31, 2022 | Sep 01, 2022 | Sep 15, 2022 |
| $0.3870 Q | Regular | May 17, 2022 | May 31, 2022 | Jun 01, 2022 | Jun 15, 2022 |
| $0.3870 Q | Regular | Jan 21, 2022 | Feb 28, 2022 | Mar 01, 2022 | Mar 15, 2022 |
| $0.3870 Q | Regular | Oct 15, 2021 | Nov 30, 2021 | Dec 01, 2021 | Dec 15, 2021 |
| $0.3870 Q | Regular | Aug 20, 2021 | Aug 31, 2021 | Sep 01, 2021 | Sep 15, 2021 |
| $0.3700 Q | Regular | May 18, 2021 | May 28, 2021 | Jun 01, 2021 | Jun 15, 2021 |
| $0.3700 Q | Regular | Jan 15, 2021 | Feb 26, 2021 | Mar 01, 2021 | Mar 15, 2021 |
| $0.3700 Q | Regular | Oct 16, 2020 | Nov 30, 2020 | Dec 01, 2020 | Dec 15, 2020 |
| $0.3700 Q | Regular | Jul 17, 2020 | Aug 31, 2020 | Sep 01, 2020 | Sep 15, 2020 |
| $0.3525 Q | Regular | May 19, 2020 | May 29, 2020 | Jun 01, 2020 | Jun 15, 2020 |
| $0.3525 Q | Regular | Jan 17, 2020 | Feb 27, 2020 | Mar 01, 2020 | Mar 15, 2020 |
| $0.3525 Q | Regular | Oct 18, 2019 | Nov 27, 2019 | Dec 01, 2019 | Dec 15, 2019 |
| $0.3525 Q | Regular | Aug 16, 2019 | Aug 29, 2019 | Sep 01, 2019 | Sep 15, 2019 |
| $0.3375 Q | Regular | May 14, 2019 | May 30, 2019 | Jun 01, 2019 | Jun 15, 2019 |
| $0.3375 Q | Regular | Jan 18, 2019 | Feb 28, 2019 | Mar 01, 2019 | Mar 15, 2019 |
| $0.3375 Q | Regular | Oct 19, 2018 | Nov 29, 2018 | Dec 01, 2018 | Dec 15, 2018 |
| $0.3375 Q | Regular | Aug 17, 2018 | Aug 30, 2018 | Sep 01, 2018 | Sep 15, 2018 |
| $0.3225 Q | Regular | May 15, 2018 | May 31, 2018 | Jun 01, 2018 | Jun 15, 2018 |
| $0.3225 Q | Regular | Jan 19, 2018 | Feb 28, 2018 | Mar 01, 2018 | Mar 15, 2018 |
| $0.3225 Q | Regular | Oct 20, 2017 | Nov 30, 2017 | Dec 01, 2017 | Dec 15, 2017 |
| $0.3225 Q | Regular | Aug 21, 2017 | Aug 30, 2017 | Sep 01, 2017 | Sep 15, 2017 |
| $0.3075 Q | Regular | May 17, 2017 | May 30, 2017 | Jun 01, 2017 | Jun 15, 2017 |
| $0.3075 Q | Regular | Jan 23, 2017 | Feb 27, 2017 | Mar 01, 2017 | Mar 15, 2017 |
| $0.3075 Q | Regular | Nov 21, 2016 | Nov 29, 2016 | Dec 01, 2016 | Dec 15, 2016 |
| $0.3075 Q | Regular | Aug 22, 2016 | Aug 30, 2016 | Sep 01, 2016 | Sep 15, 2016 |
| $0.2950 Q | Regular | May 18, 2016 | May 27, 2016 | Jun 01, 2016 | Jun 15, 2016 |
| $0.2950 Q | Regular | Jan 19, 2016 | Feb 26, 2016 | Mar 01, 2016 | Mar 15, 2016 |
| $0.2950 Q | Regular | Nov 23, 2015 | Nov 27, 2015 | Dec 01, 2015 | Dec 15, 2015 |
| $0.2950 Q | Regular | Aug 24, 2015 | Aug 28, 2015 | Sep 01, 2015 | Sep 15, 2015 |
| $0.2825 Q | Regular | May 20, 2015 | May 28, 2015 | Jun 01, 2015 | Jun 15, 2015 |
| $0.2825 Q | Regular | Jan 20, 2015 | Feb 25, 2015 | Mar 01, 2015 | Mar 15, 2015 |
| $0.2825 Q | Regular | Nov 21, 2014 | Nov 26, 2014 | Dec 01, 2014 | Dec 15, 2014 |
| $0.2825 Q | Regular | Aug 15, 2014 | Aug 27, 2014 | Sep 01, 2014 | Sep 15, 2014 |
| $0.2717 Q | Regular | May 21, 2014 | May 28, 2014 | Jun 01, 2014 | Jun 15, 2014 |
| $0.2717 Q | Regular | Jan 21, 2014 | Feb 26, 2014 | Mar 01, 2014 | Mar 15, 2014 |
| $0.4076 Q | Regular | Nov 15, 2013 | Nov 26, 2013 | Dec 01, 2013 | Dec 15, 2013 |
| $0.4076 Q | Regular | Aug 16, 2013 | Aug 28, 2013 | Sep 01, 2013 | Sep 15, 2013 |
| $0.3951 Q | Regular | May 21, 2013 | May 29, 2013 | Jun 01, 2013 | Jun 15, 2013 |
| $0.3951 Q | Regular | Jan 31, 2013 | Feb 27, 2013 | Mar 01, 2013 | Mar 15, 2013 |
| $0.3951 Q | Regular | Nov 16, 2012 | Nov 28, 2012 | Dec 01, 2012 | Dec 15, 2012 |
| $0.3951 Q | Regular | Aug 17, 2012 | Aug 29, 2012 | Sep 01, 2012 | Sep 15, 2012 |
| $0.3826 Q | Regular | Apr 23, 2012 | May 30, 2012 | Jun 01, 2012 | Jun 15, 2012 |
| $0.3826 Q | Regular | Jan 23, 2012 | Feb 28, 2012 | Mar 01, 2012 | Mar 15, 2012 |
| $0.3826 Q | Regular | Nov 21, 2011 | Nov 29, 2011 | Dec 01, 2011 | Dec 15, 2011 |
| $0.3826 Q | Regular | Aug 22, 2011 | Aug 30, 2011 | Sep 01, 2011 | Sep 15, 2011 |
| $0.3751 Q | Regular | May 18, 2011 | May 27, 2011 | Jun 01, 2011 | Jun 15, 2011 |
| $0.3751 Q | Regular | Jan 24, 2011 | Feb 25, 2011 | Mar 01, 2011 | Mar 15, 2011 |
| $0.3751 Q | Regular | Nov 22, 2010 | Nov 29, 2010 | Dec 01, 2010 | Dec 15, 2010 |
| $0.3751 Q | Regular | Aug 23, 2010 | Aug 30, 2010 | Sep 01, 2010 | Sep 15, 2010 |
| $0.3684 Q | Regular | May 19, 2010 | May 27, 2010 | Jun 01, 2010 | Jun 15, 2010 |
| $0.3684 Q | Regular | Jan 19, 2010 | Feb 25, 2010 | Mar 01, 2010 | Mar 15, 2010 |
| $0.3684 Q | Regular | Nov 23, 2009 | Nov 27, 2009 | Dec 01, 2009 | Dec 15, 2009 |
| $0.3684 Q | Regular | Aug 24, 2009 | Aug 28, 2009 | Sep 01, 2009 | Sep 15, 2009 |
| $0.3617 Q | Regular | May 20, 2009 | May 28, 2009 | Jun 01, 2009 | Jun 15, 2009 |
| $0.3617 Q | Regular | Jan 16, 2009 | Feb 25, 2009 | Mar 01, 2009 | Mar 15, 2009 |
| $0.3617 Q | Regular | Nov 21, 2008 | Nov 26, 2008 | Dec 01, 2008 | Dec 15, 2008 |
| $0.3617 Q | Regular | Aug 15, 2008 | Aug 27, 2008 | Sep 01, 2008 | Sep 15, 2008 |
| $0.3550 Q | Regular | May 20, 2008 | May 28, 2008 | Jun 01, 2008 | Jun 15, 2008 |
| $0.3550 Q | Regular | Feb 15, 2008 | Feb 27, 2008 | Mar 01, 2008 | Mar 15, 2008 |
| $0.3550 Q | Regular | Nov 16, 2007 | Nov 28, 2007 | Dec 01, 2007 | Dec 15, 2007 |
| $0.3550 Q | Regular | Aug 17, 2007 | Aug 29, 2007 | Sep 01, 2007 | Sep 15, 2007 |
| $0.3483 Q | Regular | May 22, 2007 | May 30, 2007 | Jun 01, 2007 | Jun 15, 2007 |
| $0.3483 Q | Regular | Feb 16, 2007 | Feb 27, 2007 | Mar 01, 2007 | Mar 15, 2007 |
| $0.3483 Q | Regular | Nov 17, 2006 | Nov 29, 2006 | Dec 01, 2006 | Dec 15, 2006 |
| $0.3483 Q | Regular | Aug 18, 2006 | Aug 30, 2006 | Sep 01, 2006 | Sep 15, 2006 |
| $0.3450 Q | Regular | May 23, 2006 | May 30, 2006 | Jun 01, 2006 | Jun 15, 2006 |
| $0.3450 Q | Regular | Feb 17, 2006 | Feb 27, 2006 | Mar 01, 2006 | Mar 15, 2006 |
| $0.3450 Q | Regular | Nov 18, 2005 | Nov 29, 2005 | Dec 01, 2005 | Dec 15, 2005 |
| $0.3450 Q | Regular | Aug 19, 2005 | Aug 30, 2005 | Sep 01, 2005 | Sep 15, 2005 |
| $0.3417 Q | Regular | May 10, 2005 | May 27, 2005 | Jun 01, 2005 | Jun 15, 2005 |
| $0.3417 Q | Regular | Feb 18, 2005 | Feb 25, 2005 | Mar 01, 2005 | Mar 15, 2005 |
| $0.3417 Q | Regular | Nov 19, 2004 | Nov 29, 2004 | Dec 01, 2004 | Dec 15, 2004 |
| $0.3417 Q | Regular | Aug 20, 2004 | Aug 30, 2004 | Sep 01, 2004 | Sep 15, 2004 |
| $0.3383 Q | Regular | May 11, 2004 | May 27, 2004 | Jun 01, 2004 | Jun 15, 2004 |
| $0.3383 Q | Regular | Jan 16, 2004 | Feb 26, 2004 | Mar 01, 2004 | Mar 15, 2004 |
| $0.3383 Q | Regular | Nov 21, 2003 | Nov 26, 2003 | Dec 01, 2003 | Dec 15, 2003 |
| $0.3383 Q | Regular | Aug 15, 2003 | Aug 27, 2003 | Sep 01, 2003 | Sep 15, 2003 |
| $0.3358 Q | Regular | May 20, 2003 | May 28, 2003 | Jun 01, 2003 | Jun 15, 2003 |
| $0.3358 Q | Regular | Feb 28, 2003 | Mar 04, 2003 | Mar 01, 2003 | Mar 15, 2003 |
| $0.3358 Q | Regular | Nov 15, 2002 | Nov 26, 2002 | Dec 01, 2002 | Dec 15, 2002 |
| $0.3358 Q | Regular | Aug 16, 2002 | Aug 28, 2002 | Sep 01, 2002 | Sep 15, 2002 |
| $0.3333 Q | Regular | May 14, 2002 | May 29, 2002 | Jun 01, 2002 | Jun 15, 2002 |
| $0.3333 Q | Regular | Feb 22, 2002 | Feb 27, 2002 | Mar 01, 2002 | Mar 15, 2002 |
| $0.3333 Q | Regular | Nov 16, 2001 | Nov 28, 2001 | Dec 01, 2001 | Dec 15, 2001 |
| $0.3330 Q | Regular | Aug 17, 2001 | Aug 29, 2001 | Sep 01, 2001 | Sep 15, 2001 |
| $0.3308 Q | Regular | May 22, 2001 | May 30, 2001 | Jun 01, 2001 | Jun 15, 2001 |
| $0.3308 Q | Regular | Feb 23, 2001 | Feb 27, 2001 | Mar 01, 2001 | Mar 15, 2001 |
| $0.3308 Q | Regular | Nov 17, 2000 | Nov 29, 2000 | Dec 01, 2000 | Dec 15, 2000 |
| $0.3310 Q | Regular | Aug 18, 2000 | Aug 30, 2000 | Sep 01, 2000 | Sep 15, 2000 |
| $0.3283 Q | Regular | May 09, 2000 | May 30, 2000 | Jun 01, 2000 | Jun 15, 2000 |
| $0.3283 Q | Regular | Feb 18, 2000 | Feb 28, 2000 | Mar 01, 2000 | Mar 15, 2000 |
| $0.3283 Q | Regular | Nov 22, 1999 | Nov 29, 1999 | Dec 01, 1999 | Dec 15, 1999 |
| $0.3280 Q | Regular | Aug 20, 1999 | Aug 30, 1999 | Sep 01, 1999 | Sep 15, 1999 |
| $0.3258 Q | Regular | May 04, 1999 | May 27, 1999 | Jun 01, 1999 | Jun 15, 1999 |
| $0.3258 Q | Regular | Feb 19, 1999 | Feb 25, 1999 | Mar 01, 1999 | Mar 15, 1999 |
| $0.3258 Q | Regular | Nov 20, 1998 | Nov 27, 1998 | Dec 01, 1998 | Dec 15, 1998 |
| $0.3258 Q | Regular | Jul 17, 1998 | Aug 28, 1998 | Sep 01, 1998 | Sep 15, 1998 |
| $0.3233 Q | Regular | May 05, 1998 | May 28, 1998 | Jun 01, 1998 | Jun 15, 1998 |
| $0.3233 Q | Regular | Feb 20, 1998 | Feb 25, 1998 | Mar 01, 1998 | Mar 15, 1998 |
| $0.3233 Q | Regular | Nov 21, 1997 | Nov 26, 1997 | Dec 01, 1997 | Dec 15, 1997 |
| $0.3233 Q | Regular | Aug 15, 1997 | Aug 27, 1997 | Sep 01, 1997 | Sep 15, 1997 |
| $0.3200 Q | Regular | May 05, 1997 | May 28, 1997 | Jun 01, 1997 | Jun 15, 1997 |
| $0.3200 Q | Regular | Feb 21, 1997 | Feb 26, 1997 | Mar 01, 1997 | Mar 15, 1997 |
| $0.3200 Q | Regular | Nov 15, 1996 | Nov 26, 1996 | Dec 01, 1996 | Dec 15, 1996 |
Peer Comparison
Selected Diversified Utilities dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| UTL | Unitil Corporation | 3.58% | 3.7% | 11 yrs | 70 |
| SSEZF | SSE plc | 3.77% | 2.0% | 1 yr | 65 |
| SRE | Sempra | 3.16% | 4.3% | 15 yrs | 62 |
| AQN.TO | Algonquin Power & Utilities Corp. | 4.96% | -14.0% | 0 yrs | 58 |
Related Guides & Lists
MGEE dividend — frequently asked questions
Does MGE Energy, Inc. pay a dividend?
Yes. MGE Energy, Inc. (MGEE) currently pays a dividend. The annualized dividend is about $2.03 per share, a yield of approximately 2.66%.
What is MGE Energy, Inc.'s dividend yield?
MGE Energy, Inc.'s dividend yield is approximately 2.66%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does MGE Energy, Inc. pay dividends?
MGE Energy, Inc. pays dividends quarterly — 4 times per year.
How long has MGE Energy, Inc. paid dividends?
MGE Energy, Inc. has 39 years of dividend payments on record, and has increased its dividend for 33 consecutive years.
Data updated Sep 13, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.