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DIVIDEND ANNOUNCEMENT: MGE Energy Inc (NASDAQ:MGEE) on 05/19/2020 declared a dividend of $0.3525 per share
MGE Energy Inc (NASDAQ:MGEE) on 05/19/2020 declared a dividend of $ 0.3525 per share payable on June 15, 2020 to shareholders of record as of June 01, 2020.
MGE Energy Inc (NASDAQ:MGEE) has paid dividends since 1909, has a current dividend yield of 2.2466540337% and has increased its dividends for 44 successive years.
MGE Energy Inc's market cap is $ 2,175,763,680 and has a PE ratio of 24.52. The stock price closed yesterday at $ 62.76 and has a 52 week low/high of $ 47.19 and $ 83.26.
MGE Energy is a public utility holding company. Operating through its subsidiaries, Co. has five business segments: regulated electric utility operations, which generates, purchases, and distributes electricity through its subsidiary, Madison Gas and Electric Company (MGE); regulated gas utility operations, which purchases and distributes natural gas through MGE; nonregulated energy operation, which owns and leases electric generating capacity that assists MGE through Co.'s wholly owned subsidiaries MGE Power Elm Road, LLC and MGE Power West Campus, LLC; and transmission investments, which represents Co.'s investment in American Transmission Company LLC and ATC Holdco, LLC.
For more information on MGE Energy Inc click here.
Dividend Ex Date: May 29, 2020
Dividend Record Date: June 01, 2020
Dividend Payment Date: June 15, 2020
Dividend Amount: $ 0.3525
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