MGE Energy, Inc. (MGEE) Dividend History
MGEE latest dividend
$0.51last dividend per share
Ex-dividend dateSep 1Tuesday, 2026
Payment dateSep 15Tuesday, 2026
The next dividend has not been announced yet.
- 33 yearsof dividend increases
- 1987paying since
- Quarterly4 payments a year
- +5.1%5-year growth a year
- 2.81%forward yield
MGEE dividend income calculator
- Dividend income a year
- $203
- Each payment
- $51
- Value of the shares
- $7,227
- Dividend yield
- 2.81%
At the latest close; forward annual dividend $2.03 per share, before tax.
MGEE dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
MGEE dividend safety
Payout ratio (earnings)47.5%
Well covered · of trailing twelve-month earnings paid as dividends
Dividend growth (5 years)+5.1%
Growing · a year on average
Years of increases33
Long record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
MGEE yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $84.31 | 2.41% | $1.93 | 2.3% |
| 3 years ago | $71.65 | 2.83% | $5.49 | 7.7% |
| 5 years ago | $74.57 | 2.72% | $8.72 | 11.7% |
| 10 years ago | $55.81 | 3.64% | $15.56 | 27.9% |
| 20 years ago | $22.43 | 9.05% | $25.94 | 115.6% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
MGEE dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
MGEE dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $1.85 | +5.4% | 2.36% | 4 |
| 2024 | $1.76 | +5.0% | 1.87% | 4 |
| 2023 | $1.67 | +5.0% | 2.31% | 4 |
| 2022 | $1.59 | +5.0% | 2.26% | 4 |
| 2021 | $1.52 | +4.8% | 1.84% | 4 |
| 2020 | $1.45 | +4.6% | 2.06% | 4 |
| 2019 | $1.38 | +4.5% | 1.75% | 4 |
| 2018 | $1.32 | +4.8% | 2.20% | 4 |
| 2017 | $1.26 | +4.6% | 2.00% | 4 |
| 2016 | $1.21 | +4.3% | 1.85% | 4 |
| 2015 | $1.16 | +4.1% | 2.49% | 4 |
| 2014 | $1.11 | +3.7% | 2.43% | 4 |
| 2013 | $1.07 | +3.2% | 2.78% | 4 |
| 2012 | $1.04 | +2.6% | 3.05% | 4 |
| 2011 | $1.01 | +2.0% | 3.24% | 4 |
| 2010 | $0.99 | +1.8% | 3.48% | 4 |
| 2009 | $0.97 | +1.8% | 4.09% | 4 |
| 2008 | $0.96 | +2.0% | 4.35% | 4 |
| 2007 | $0.94 | +1.4% | 3.96% | 4 |
| 2006 | $0.92 | — | 3.79% | 4 |
MGEE dividend history
160 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-09-01 | 2026-09-15 | $0.508 | +6.9% | Quarterly |
| 2026-06-01 | 2026-06-15 | $0.475 | — | Quarterly |
| 2026-02-27 | 2026-03-15 | $0.475 | — | Quarterly |
| 2025-12-01 | 2025-12-15 | $0.475 | — | Quarterly |
| 2025-08-29 | 2025-09-15 | $0.475 | +5.6% | Quarterly |
| 2025-05-30 | 2025-06-15 | $0.45 | — | Quarterly |
| 2025-02-28 | 2025-03-15 | $0.45 | — | Quarterly |
| 2024-11-29 | 2024-12-15 | $0.45 | — | Quarterly |
| 2024-08-30 | 2024-09-15 | $0.45 | +5.1% | Quarterly |
| 2024-05-31 | 2024-06-15 | $0.428 | — | Quarterly |
| 2024-02-29 | 2024-03-15 | $0.428 | — | Quarterly |
| 2023-11-30 | 2023-12-15 | $0.428 | — | Quarterly |
| 2023-08-31 | 2023-09-15 | $0.428 | +4.9% | Quarterly |
| 2023-05-31 | 2023-06-15 | $0.408 | — | Quarterly |
| 2023-02-28 | 2023-03-15 | $0.408 | — | Quarterly |
| 2022-11-30 | 2022-12-15 | $0.408 | — | Quarterly |
Show all 160 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-08-31 | 2022-09-15 | $0.408 | +5.2% | Quarterly |
| 2022-05-31 | 2022-06-15 | $0.388 | — | Quarterly |
| 2022-02-28 | 2022-03-15 | $0.388 | — | Quarterly |
| 2021-11-30 | 2021-12-15 | $0.388 | — | Quarterly |
| 2021-08-31 | 2021-09-15 | $0.388 | +4.9% | Quarterly |
| 2021-05-28 | 2021-06-15 | $0.37 | — | Quarterly |
| 2021-02-26 | 2021-03-15 | $0.37 | — | Quarterly |
| 2020-11-30 | 2020-12-15 | $0.37 | — | Quarterly |
| 2020-08-31 | 2020-09-15 | $0.37 | +4.8% | Quarterly |
| 2020-05-29 | 2020-06-15 | $0.353 | — | Quarterly |
| 2020-02-27 | 2020-03-15 | $0.353 | — | Quarterly |
| 2019-11-27 | 2019-12-15 | $0.353 | — | Quarterly |
| 2019-08-29 | 2019-09-15 | $0.353 | +4.4% | Quarterly |
| 2019-05-30 | 2019-06-15 | $0.338 | — | Quarterly |
| 2019-02-28 | 2019-03-15 | $0.338 | — | Quarterly |
| 2018-11-29 | 2018-12-15 | $0.338 | — | Quarterly |
| 2018-08-30 | 2018-09-15 | $0.338 | +4.6% | Quarterly |
| 2018-05-31 | 2018-06-15 | $0.323 | — | Quarterly |
| 2018-02-28 | 2018-03-15 | $0.323 | — | Quarterly |
| 2017-11-30 | 2017-12-15 | $0.323 | — | Quarterly |
| 2017-08-30 | 2017-09-15 | $0.323 | +4.9% | Quarterly |
| 2017-05-30 | 2017-06-15 | $0.308 | — | Quarterly |
| 2017-02-27 | 2017-03-15 | $0.308 | — | Quarterly |
| 2016-11-29 | 2016-12-15 | $0.308 | — | Quarterly |
| 2016-08-30 | 2016-09-15 | $0.308 | +4.4% | Quarterly |
| 2016-05-27 | 2016-06-15 | $0.295 | — | Quarterly |
| 2016-02-26 | 2016-03-15 | $0.295 | — | Quarterly |
| 2015-11-27 | 2015-12-15 | $0.295 | — | Quarterly |
| 2015-08-28 | 2015-09-15 | $0.295 | +4.2% | Quarterly |
| 2015-05-28 | 2015-06-15 | $0.283 | — | Quarterly |
| 2015-02-25 | 2015-03-15 | $0.283 | — | Quarterly |
| 2014-11-26 | 2014-12-15 | $0.283 | — | Quarterly |
| 2014-08-27 | 2014-09-15 | $0.283 | +4.0% | Quarterly |
| 2014-05-28 | 2014-06-15 | $0.272 | — | Quarterly |
| 2014-02-26 | 2014-03-15 | $0.272 | — | Quarterly |
| 2013-11-26 | 2013-12-15 | $0.272 | — | Quarterly |
| 2013-08-28 | 2013-09-15 | $0.272 | +3.3% | Quarterly |
| 2013-05-29 | 2013-06-15 | $0.2633 | — | Quarterly |
| 2013-02-27 | 2013-03-15 | $0.2633 | — | Quarterly |
| 2012-11-28 | 2012-12-15 | $0.2633 | — | Quarterly |
| 2012-08-29 | 2012-09-15 | $0.2633 | +3.1% | Quarterly |
| 2012-05-30 | 2012-06-15 | $0.2553 | — | Quarterly |
| 2012-02-28 | 2012-03-15 | $0.2553 | — | Quarterly |
| 2011-11-29 | 2011-12-15 | $0.2553 | — | Quarterly |
| 2011-08-30 | 2011-09-15 | $0.2553 | +2.1% | Quarterly |
| 2011-05-27 | 2011-06-15 | $0.25 | — | Quarterly |
| 2011-02-25 | 2011-03-15 | $0.25 | — | Quarterly |
| 2010-11-29 | 2010-12-15 | $0.25 | — | Quarterly |
| 2010-08-30 | 2010-09-15 | $0.25 | +1.9% | Quarterly |
| 2010-05-27 | 2010-06-15 | $0.2453 | — | Quarterly |
| 2010-02-25 | 2010-03-15 | $0.2453 | — | Quarterly |
| 2009-11-27 | 2009-12-15 | $0.2453 | — | Quarterly |
| 2009-08-28 | 2009-09-15 | $0.2453 | +1.7% | Quarterly |
| 2009-05-28 | 2009-06-15 | $0.2413 | — | Quarterly |
| 2009-02-25 | 2009-03-15 | $0.2413 | — | Quarterly |
| 2008-11-26 | 2008-12-15 | $0.2413 | — | Quarterly |
| 2008-08-27 | 2008-09-15 | $0.2413 | +2.0% | Quarterly |
| 2008-05-28 | 2008-06-15 | $0.2367 | — | Quarterly |
| 2008-02-27 | 2008-03-15 | $0.2367 | — | Quarterly |
| 2007-11-28 | 2007-12-15 | $0.2367 | — | Quarterly |
| 2007-08-29 | 2007-09-15 | $0.2367 | +2.0% | Quarterly |
| 2007-05-30 | 2007-06-15 | $0.232 | — | Quarterly |
| 2007-02-27 | 2007-03-15 | $0.232 | — | Quarterly |
| 2006-11-29 | 2006-12-15 | $0.232 | — | Quarterly |
| 2006-08-30 | 2006-09-15 | $0.232 | +0.9% | Quarterly |
| 2006-05-30 | 2006-06-15 | $0.23 | — | Quarterly |
| 2006-02-27 | 2006-03-15 | $0.23 | — | Quarterly |
| 2005-11-29 | 2005-12-15 | $0.23 | — | Quarterly |
| 2005-08-30 | 2005-09-15 | $0.23 | +0.9% | Quarterly |
| 2005-05-27 | 2005-06-15 | $0.228 | — | Quarterly |
| 2005-02-25 | 2005-03-15 | $0.228 | — | Quarterly |
| 2004-11-29 | 2004-12-15 | $0.228 | — | Quarterly |
| 2004-08-30 | 2004-09-15 | $0.228 | +1.2% | Quarterly |
| 2004-05-27 | 2004-06-15 | $0.2253 | — | Quarterly |
| 2004-02-26 | 2004-03-15 | $0.2253 | — | Quarterly |
| 2003-11-26 | 2003-12-15 | $0.2253 | — | Quarterly |
| 2003-08-27 | 2003-09-15 | $0.2253 | +0.6% | Quarterly |
| 2003-05-28 | 2003-06-15 | $0.224 | — | Quarterly |
| 2003-03-04 | 2003-03-15 | $0.224 | — | Quarterly |
| 2002-11-26 | 2002-12-15 | $0.224 | — | Quarterly |
| 2002-08-28 | 2002-09-15 | $0.224 | +0.9% | Quarterly |
| 2002-05-29 | 2002-06-15 | $0.222 | — | Quarterly |
| 2002-02-27 | 2002-03-15 | $0.222 | — | Quarterly |
| 2001-11-28 | 2001-12-15 | $0.222 | — | Quarterly |
| 2001-08-29 | 2001-09-15 | $0.222 | +0.6% | Quarterly |
| 2001-05-30 | 2001-06-15 | $0.2207 | — | Quarterly |
| 2001-02-27 | 2001-03-15 | $0.2207 | — | Quarterly |
| 2000-11-29 | 2000-12-15 | $0.2207 | — | Quarterly |
| 2000-08-30 | 2000-09-15 | $0.2207 | +0.9% | Quarterly |
| 2000-05-30 | 2000-06-15 | $0.2187 | +0.9% | Quarterly |
| 2000-02-28 | 2000-03-15 | $0.2167 | — | Quarterly |
| 1999-11-29 | 1999-12-15 | $0.2167 | — | Quarterly |
| 1999-08-30 | 1999-09-15 | $0.2167 | — | Quarterly |
| 1999-05-27 | 1999-06-15 | $0.2167 | — | Quarterly |
| 1999-02-25 | 1999-03-15 | $0.2167 | — | Quarterly |
| 1998-11-27 | 1998-12-15 | $0.2167 | — | Quarterly |
| 1998-08-28 | 1998-09-15 | $0.2167 | +0.9% | Quarterly |
| 1998-05-28 | 1998-06-15 | $0.2147 | — | Quarterly |
| 1998-02-25 | 1998-03-15 | $0.2147 | — | Quarterly |
| 1997-11-26 | 1997-12-15 | $0.2147 | — | Quarterly |
| 1997-08-27 | 1997-09-15 | $0.2147 | +0.6% | Quarterly |
| 1997-05-28 | 1997-06-15 | $0.2133 | — | Quarterly |
| 1997-02-26 | 1997-03-15 | $0.2133 | — | Quarterly |
| 1996-11-26 | 1996-12-15 | $0.2133 | — | Quarterly |
| 1996-08-28 | 1996-09-15 | $0.2133 | +0.6% | Quarterly |
| 1996-05-29 | 1996-06-15 | $0.212 | +1.0% | Quarterly |
| 1996-02-28 | 1996-03-15 | $0.21 | −0.5% | Quarterly |
| 1995-11-29 | 1995-12-15 | $0.2111 | — | Quarterly |
| 1995-08-30 | 1995-09-15 | $0.2111 | +1.1% | Quarterly |
| 1995-05-25 | 1995-06-15 | $0.2089 | — | Quarterly |
| 1995-02-23 | 1995-03-15 | $0.2089 | — | Quarterly |
| 1994-11-25 | 1994-12-15 | $0.2089 | — | Quarterly |
| 1994-08-26 | 1994-09-15 | $0.2089 | +1.1% | Quarterly |
| 1994-05-25 | 1994-06-15 | $0.2067 | — | Quarterly |
| 1994-02-23 | 1994-03-15 | $0.2067 | — | Quarterly |
| 1993-11-24 | 1993-12-15 | $0.2067 | — | Quarterly |
| 1993-08-26 | 1993-09-15 | $0.2067 | +2.2% | Quarterly |
| 1993-05-25 | 1993-06-15 | $0.2022 | — | Quarterly |
| 1993-02-23 | 1993-03-15 | $0.2022 | — | Quarterly |
| 1992-11-24 | 1992-12-15 | $0.2022 | — | Quarterly |
| 1992-08-26 | 1992-09-15 | $0.2022 | +3.4% | Quarterly |
| 1992-05-26 | 1992-06-15 | $0.1956 | — | Quarterly |
| 1992-02-24 | 1992-03-15 | $0.1956 | — | Quarterly |
| 1991-12-26 | — | $0.1956 | — | |
| 1991-11-22 | 1991-12-15 | $0.1956 | — | Quarterly |
| 1991-08-26 | 1991-09-15 | $0.1956 | +1.5% | Quarterly |
| 1991-05-24 | 1991-06-15 | $0.1926 | — | Quarterly |
| 1991-02-25 | 1991-03-15 | $0.1926 | — | Quarterly |
| 1990-11-26 | 1990-12-15 | $0.1926 | — | Quarterly |
| 1990-08-27 | 1990-09-15 | $0.1926 | +1.6% | Quarterly |
| 1990-05-25 | 1990-06-15 | $0.1896 | — | Quarterly |
| 1990-02-23 | 1990-03-15 | $0.1896 | — | Quarterly |
| 1989-11-27 | 1989-12-15 | $0.1896 | — | Quarterly |
| 1989-08-28 | 1989-09-15 | $0.1896 | +3.2% | Quarterly |
| 1989-05-25 | 1989-06-15 | $0.1837 | — | Quarterly |
| 1989-02-23 | 1989-03-15 | $0.1837 | — | |
| 1988-11-25 | 1988-12-15 | $0.1837 | — | |
| 1988-08-26 | 1988-09-15 | $0.1837 | +2.5% | |
| 1988-05-25 | 1988-06-15 | $0.1793 | — | |
| 1988-02-24 | 1988-03-15 | $0.1793 | — | |
| 1987-11-24 | 1987-12-15 | $0.1793 | — | |
| 1987-08-26 | 1987-09-15 | $0.1793 | +2.5% | |
| 1987-05-26 | 1987-06-15 | $0.1748 | — | |
| 1987-02-26 | 1987-03-16 | $0.1748 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
MGEE stock split history
- 3:2February 10, 2014
- 3:2February 21, 1996
- 3:2January 22, 1992
MGEE dividend overview
MGE Energy pays an annual dividend of $2.03 per share, a yield of 2.81% at the latest close, paid quarterly. It paid $1.85 per share in 2025, up 5.4% from 2024. It has raised its dividend for 33 consecutive years. Over five years the dividend grew 5.1% a year on average and over ten years 4.8% a year. The payout ratio is 47.5% of trailing earnings.
Related: MGEE cash flow statement, MGEE key metrics, MGEE chart. See the MGEE stock overview for the latest quote and news.
MGEE dividends FAQ
Does MGE Energy pay a dividend?
Yes. MGE Energy has paid a regular dividend since 1987, quarterly, most recently $0.51 per share with an ex-dividend date of September 1, 2026.
What is MGE Energy's dividend yield?
MGE Energy's forward annual dividend is $2.03 per share, a dividend yield of 2.81% at the latest close of $72.27.
How often does MGE Energy pay dividends?
MGE Energy pays dividends quarterly.
How fast is MGE Energy's dividend growing?
MGE Energy's dividend per share grew from $1.45 in 2020 to $1.85 in 2025, 5.1% a year on average over five years; it has increased for 33 years in a row.
What is MGE Energy's dividend payout ratio?
MGE Energy pays out 47.5% of its trailing earnings as dividends.
Has MGE Energy split its stock?
MGE Energy has split its stock 3 times: 3:2 on February 10, 2014, 3:2 on February 21, 1996, 3:2 on January 22, 1992. Dividends per share on this page are adjusted for splits.
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