MGEE Dividend History & Yield

MGE Energy, Inc. · NasdaqGS

Stock Utilities Quarterly payer Dividend growthUtility
$77.82
+0.58% today
as of Sep 8, 2026
TTM yield
2.48%
$1.933/share over the last 12 months
Forward yield
2.61%
$2.032/share indicated annual rate
Annual dividend
$2.032
per share, forward
Per payment
$0.508
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Dec 1, 2026 Estimated
in 83 days
Next pay date
Dec 16, 2026
in 98 days
Last ex-dividend date
Sep 1, 2026
$0.508 per share
Payout ratio
47%
of earnings
Market cap
2.9B
P/E 19.1
5y dividend CAGR
+5.2%
annualised, regular payments
Growth streak
26 yrs
consecutive annual raises
Years paying
39.5
since Feb 26, 1987
1y total return
-6.3%
price -8.6% + dividends 2.3%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Dec 1, 2026 (in 83 days) Dec 16, 2026 $0.508 $50.80 Estimated
Tue, Mar 2, 2027 (in 174 days) Mar 17, 2027 $0.508 $50.80 Estimated
Tue, Jun 1, 2027 (in 265 days) Jun 16, 2027 $0.508 $50.80 Estimated
Tue, Aug 31, 2027 (in 356 days) Sep 15, 2027 $0.508 $50.80 Estimated

Estimated dates and amounts are projected from MGEE's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $2.032 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Nov 29, 2016 to Sep 1, 2026; most recent $0.508$0.00$0.30$0.60Nov 29, 2016: $0.308Nov '16Feb 27, 2017: $0.308May 30, 2017: $0.308Aug 30, 2017: $0.323Nov 30, 2017: $0.323Feb 28, 2018: $0.323Feb '18May 31, 2018: $0.323Aug 30, 2018: $0.338Nov 29, 2018: $0.338Feb 28, 2019: $0.338May 30, 2019: $0.338May '19Aug 29, 2019: $0.353Nov 27, 2019: $0.353Feb 27, 2020: $0.353May 29, 2020: $0.353Aug 31, 2020: $0.37Aug '20Nov 30, 2020: $0.37Feb 26, 2021: $0.37May 28, 2021: $0.37Aug 31, 2021: $0.388Nov 30, 2021: $0.388Nov '21Feb 28, 2022: $0.388May 31, 2022: $0.388Aug 31, 2022: $0.408Nov 30, 2022: $0.408Feb 28, 2023: $0.408Feb '23May 31, 2023: $0.408Aug 31, 2023: $0.428Nov 30, 2023: $0.428Feb 29, 2024: $0.428May 31, 2024: $0.428May '24Aug 30, 2024: $0.45Nov 29, 2024: $0.45Feb 28, 2025: $0.45May 30, 2025: $0.45Aug 29, 2025: $0.475Aug '25Dec 1, 2025: $0.475Feb 27, 2026: $0.475Jun 1, 2026: $0.475Sep 1, 2026: $0.508

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$1.00$2.002017: $1.262$1.26220172018: $1.322$1.32220182019: $1.382$1.38220192020: $1.446$1.44620202021: $1.516$1.51620212022: $1.592$1.59220222023: $1.672$1.67220232024: $1.756$1.75620242025: $1.85$1.8520252026 (YTD): $1.458$1.4582026 YTD

How much MGEE do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month591$45,957$1,200
$500 / month2,953$229,783$6,000
$1,000 / month5,906$459,567$12,000

Based on the forward yield of 2.61%. $10,000 in MGEE would currently pay about $261 a year ($22 a month on average). Model reinvestment and growth →

MGEE dividend history

Show recent only Download CSV
Ex-datePay dateAmountChange
Sep 1, 2026 Sep 15, 2026 $0.508 +6.9%
Jun 1, 2026 Jun 15, 2026 $0.475 +0.0%
Feb 27, 2026 Mar 15, 2026 $0.475 +0.0%
Dec 1, 2025 Dec 15, 2025 $0.475 +0.0%
Aug 29, 2025 Sep 15, 2025 $0.475 +5.6%
May 30, 2025 Jun 15, 2025 $0.45 +0.0%
Feb 28, 2025 Mar 15, 2025 $0.45 +0.0%
Nov 29, 2024 Dec 15, 2024 $0.45 +0.0%
Aug 30, 2024 Sep 15, 2024 $0.45 +5.1%
May 31, 2024 Jun 15, 2024 $0.428 +0.0%
Feb 29, 2024 Mar 15, 2024 $0.428 +0.0%
Nov 30, 2023 Dec 15, 2023 $0.428 +0.0%
Aug 31, 2023 Sep 15, 2023 $0.428 +4.9%
May 31, 2023 Jun 15, 2023 $0.408 +0.0%
Feb 28, 2023 Mar 15, 2023 $0.408 +0.0%
Nov 30, 2022 Dec 15, 2022 $0.408 +0.0%
Aug 31, 2022 Sep 15, 2022 $0.408 +5.2%
May 31, 2022 Jun 15, 2022 $0.388 +0.0%
Feb 28, 2022 Mar 15, 2022 $0.388 +0.0%
Nov 30, 2021 Dec 15, 2021 $0.388 +0.0%
Aug 31, 2021 Sep 15, 2021 $0.388 +4.9%
May 28, 2021 Jun 15, 2021 $0.37 +0.0%
Feb 26, 2021 Mar 15, 2021 $0.37 +0.0%
Nov 30, 2020 Dec 15, 2020 $0.37 +0.0%
Aug 31, 2020 Sep 15, 2020 $0.37 +4.8%
May 29, 2020 Jun 15, 2020 $0.353 +0.0%
Feb 27, 2020 Mar 15, 2020 $0.353 +0.0%
Nov 27, 2019 Dec 15, 2019 $0.353 +0.0%
Aug 29, 2019 Sep 15, 2019 $0.353 +4.4%
May 30, 2019 Jun 15, 2019 $0.338 +0.0%
Feb 28, 2019 Mar 15, 2019 $0.338 +0.0%
Nov 29, 2018 Dec 15, 2018 $0.338 +0.0%
Aug 30, 2018 Sep 15, 2018 $0.338 +4.6%
May 31, 2018 Jun 15, 2018 $0.323 +0.0%
Feb 28, 2018 Mar 15, 2018 $0.323 +0.0%
Nov 30, 2017 Dec 15, 2017 $0.323 +0.0%
Aug 30, 2017 Sep 15, 2017 $0.323 +4.9%
May 30, 2017 Jun 15, 2017 $0.308 +0.0%
Feb 27, 2017 Mar 15, 2017 $0.308 +0.0%
Nov 29, 2016 Dec 15, 2016 $0.308 +0.0%
Aug 30, 2016 Sep 15, 2016 $0.308 +4.4%
May 27, 2016 Jun 15, 2016 $0.295 +0.0%
Feb 26, 2016 Mar 15, 2016 $0.295 +0.0%
Nov 27, 2015 Dec 15, 2015 $0.295 +0.0%
Aug 28, 2015 Sep 15, 2015 $0.295 +4.2%
May 28, 2015 Jun 15, 2015 $0.283 +0.0%
Feb 25, 2015 Mar 15, 2015 $0.283 +0.0%
Nov 26, 2014 Dec 15, 2014 $0.283 +0.0%
Aug 27, 2014 Sep 15, 2014 $0.283 +4.0%
May 28, 2014 Jun 15, 2014 $0.272 +0.0%
Feb 26, 2014 Mar 15, 2014 $0.272 +0.0%
Nov 26, 2013 Dec 15, 2013 $0.272 +0.0%
Aug 28, 2013 Sep 15, 2013 $0.272 +3.3%
May 29, 2013 $0.2633 +0.0%
Feb 27, 2013 $0.2633 +0.0%
Nov 28, 2012 $0.2633 +0.0%
Aug 29, 2012 $0.2633 +3.1%
May 30, 2012 $0.2553 +0.0%
Feb 28, 2012 $0.2553 +0.0%
Nov 29, 2011 $0.2553 +0.0%
Aug 30, 2011 $0.2553 +2.1%
May 27, 2011 $0.25 +0.0%
Feb 25, 2011 $0.25 +0.0%
Nov 29, 2010 $0.25 +0.0%
Aug 30, 2010 $0.25 +1.9%
May 27, 2010 $0.2453 +0.0%
Feb 25, 2010 $0.2453 +0.0%
Nov 27, 2009 $0.2453 +0.0%
Aug 28, 2009 $0.2453 +1.7%
May 28, 2009 $0.2413 +0.0%
Feb 25, 2009 $0.2413 +0.0%
Nov 26, 2008 $0.2413 +0.0%
Aug 27, 2008 $0.2413 +2.0%
May 28, 2008 $0.2367 +0.0%
Feb 27, 2008 $0.2367 +0.0%
Nov 28, 2007 $0.2367 +0.0%
Aug 29, 2007 $0.2367 +2.0%
May 30, 2007 $0.232 +0.0%
Feb 27, 2007 $0.232 +0.0%
Nov 29, 2006 $0.232 +0.0%
Aug 30, 2006 $0.232 +0.9%
May 30, 2006 $0.23 +0.0%
Feb 27, 2006 $0.23 +0.0%
Nov 29, 2005 $0.23 +0.0%
Aug 30, 2005 $0.23 +0.9%
May 27, 2005 $0.228 +0.0%
Feb 25, 2005 $0.228 +0.0%
Nov 29, 2004 $0.228 +0.0%
Aug 30, 2004 $0.228 +1.2%
May 27, 2004 $0.2253 +0.0%
Feb 26, 2004 $0.2253 +0.0%
Nov 26, 2003 $0.2253 +0.0%
Aug 27, 2003 $0.2253 +0.6%
May 28, 2003 $0.224 +0.0%
Mar 4, 2003 $0.224 +0.0%
Nov 26, 2002 $0.224 +0.0%
Aug 28, 2002 $0.224 +0.9%
May 29, 2002 $0.222 +0.0%
Feb 27, 2002 $0.222 +0.0%
Nov 28, 2001 $0.222 +0.0%
Aug 29, 2001 $0.222 +0.6%
May 30, 2001 $0.2207 +0.0%
Feb 27, 2001 $0.2207 +0.0%
Nov 29, 2000 $0.2207 +0.0%
Aug 30, 2000 $0.2207 +0.9%
May 30, 2000 $0.2187 +0.9%
Feb 28, 2000 $0.2167 +0.0%
Nov 29, 1999 $0.2167 +0.0%
Aug 30, 1999 $0.2167 +0.0%
May 27, 1999 $0.2167 +0.0%
Feb 25, 1999 $0.2167 +0.0%
Nov 27, 1998 $0.2167 +0.0%
Aug 28, 1998 $0.2167 +0.9%
May 28, 1998 $0.2147 +0.0%
Feb 25, 1998 $0.2147 +0.0%
Nov 26, 1997 $0.2147 +0.0%
Aug 27, 1997 $0.2147 +0.6%
May 28, 1997 $0.2133 +0.0%
Feb 26, 1997 $0.2133 +0.0%
Nov 26, 1996 $0.2133 +0.0%
Aug 28, 1996 $0.2133 +0.6%
May 29, 1996 $0.212 +1.0%
Feb 28, 1996 $0.21 -0.5%
Nov 29, 1995 $0.2111 +0.0%
Aug 30, 1995 $0.2111 +1.1%
May 25, 1995 $0.2089 +0.0%
Feb 23, 1995 $0.2089 +0.0%
Nov 25, 1994 $0.2089 +0.0%
Aug 26, 1994 $0.2089 +1.1%
May 25, 1994 $0.2067 +0.0%
Feb 23, 1994 $0.2067 +0.0%
Nov 24, 1993 $0.2067 +0.0%
Aug 26, 1993 $0.2067 +2.2%
May 25, 1993 $0.2022 +0.0%
Feb 23, 1993 $0.2022 +0.0%
Nov 24, 1992 $0.2022 +0.0%
Aug 26, 1992 $0.2022 +3.4%
May 26, 1992 $0.1956 +0.0%
Feb 24, 1992 $0.1956 +0.0%
Dec 26, 1991 $0.1956 +0.0%
Nov 22, 1991 $0.1956 +0.0%
Aug 26, 1991 $0.1956 +1.5%
May 24, 1991 $0.1926 +0.0%
Feb 25, 1991 $0.1926 +0.0%
Nov 26, 1990 $0.1926 +0.0%
Aug 27, 1990 $0.1926 +1.6%
May 25, 1990 $0.1896 +0.0%
Feb 23, 1990 $0.1896 +0.0%
Nov 27, 1989 $0.1896 +0.0%
Aug 28, 1989 $0.1896 +3.2%
May 25, 1989 $0.1837 +0.0%
Feb 23, 1989 $0.1837 +0.0%
Nov 25, 1988 $0.1837 +0.0%
Aug 26, 1988 $0.1837 +2.5%
May 25, 1988 $0.1793 +0.0%
Feb 24, 1988 $0.1793 +0.0%
Nov 24, 1987 $0.1793 +0.0%
Aug 26, 1987 $0.1793 +2.5%
May 26, 1987 $0.1748 +0.0%
Feb 26, 1987 $0.1748

MGEE dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Sep 1, 2026 Raised 6.9% $0.475 $0.508 Paid
Aug 29, 2025 Raised 5.6% $0.45 $0.475 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

MGEE scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About MGE Energy, Inc.

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company in the United States. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other segments. The company generates, purchases, and distributes electricity; purchases and distributes natural gas; owns and leases electric generating capacity; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission power services.

Sector: Utilities. Industry: Utilities - Regulated Electric. First dividend on our records: Feb 26, 1987. 160 payments tracked. Data last refreshed Sep 8, 2026. Spotted a mistake? Report it and we'll fix it.

MGEE dividend FAQ

When is MGEE's next ex-dividend date?

MGEE's next ex-dividend date is Dec 1, 2026 (in 83 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.508 per share, expected on Dec 16, 2026.

How often does MGEE pay dividends?

MGEE pays dividends every quarter, 4 times a year. The most recent payment was $0.508 per share with an ex-date of Sep 1, 2026.

What is MGEE's dividend yield?

MGEE's trailing 12-month dividend yield is 2.48%, based on $1.933 per share paid over the last year and a share price of $77.82. The forward yield, using the indicated annual rate of $2.032 per share, is 2.61%.

How much does MGEE pay per share?

MGEE pays about $0.508 per share each quarter, which works out to roughly $2.032 per share a year. 100 shares would collect about $203.20 a year.

Has MGEE grown or cut its dividend?

MGEE has raised its annual dividend for 26 consecutive years. Over the last 5 years the regular payout has grown at 5.2% a year (+5.9% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of MGEE do I need to earn $100 a month?

At the current forward yield of 2.61%, you would need about 591 shares of MGEE (roughly $45,957 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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