Trailing Dividend / Share
$1.85
MGE Energy, Inc. (MGEE) Dividend History
Income profile from 1987 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.4%
Payout Ratio
49.7%
Sustainable
Dividend Streak
39 years
MGEE Dividend Income Check
Safety
49.7% payout ratio with sustainable safety profile.
Consistency
39 straight years of dividend increases.
Income Trend
Yield on cost is 2.7% and trend is rising.
MGEE Dividend Scorecard
Yield & Income
Dividend Yield2.4%
Trailing DPS$1.85
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout49.7%
Earnings SafetySustainable
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score5/9
Growth
Growth Streak39 years
3Y CAGR5.2%
5Y CAGR5.1%
Yield on Cost (5Y)2.7%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield2.4%
1Y Total Return-12.5%
5Y Total Return14.4%
Div Contribution (5Y)11.6%
Estimated $10K growth (return + dividends):
5Y ago$11,44010Y ago$16,65220Y ago$51,951
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
MGEE Income Growth Story
Dividend per share and yield on cost over time (40 years of payments)
MGEE Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
MGE Energy, Inc. distributes 49.7% of earnings as dividends (Sustainable).
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
MGEE has raised its dividend for 39 consecutive years, with a 3-year CAGR of 5.2% and 5-year CAGR of 5.1%.
Total Shareholder Returns
Beyond cash dividends, MGEE returns capital through share repurchases. The combined picture: 2.4% dividend yield, 2.4% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.7% and is currently rising. The 5-year total return is 14.4%, with dividends contributing 11.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $16,652 today.
MGEE Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$8.59
Avg/Payment$0.4295
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 1, 2026Latest | $0.4750 | — | 2.62% | Jun 15, 2026 |
| Feb 27, 2026 | $0.4750 | — | 2.29% | Mar 15, 2026 |
| Dec 1, 2025 | $0.4750 | — | 2.31% | Dec 15, 2025 |
| Aug 29, 2025 | $0.4750 | ↑ +5.6% | 2.14% | Sep 15, 2025 |
| May 30, 2025 | $0.4500 | — | 1.99% | Jun 15, 2025 |
| Feb 28, 2025 | $0.4500 | — | 1.94% | Mar 15, 2025 |
| Nov 29, 2024 | $0.4500 | — | 1.68% | Dec 15, 2024 |
| Aug 30, 2024 | $0.4500 | ↑ +5.3% | 2.00% | Sep 15, 2024 |
MGEE Dividend vs Peers
Comparable companies in the same industry
#5 yield in peer group
Div Yield
2.4%
#5 of 8
Safety
Sustainable
49.7% payout
Streak
39Y
5.1% 5Y CAGR
Total Shareholder
2.4%
#6 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| MGEEMGE Energy, Inc. | $2.8B | 2.4% | 49.7% | 39 | Sustainable |
 OTTROtter Tail Corporati… | $3.7B | 2.4% | 31.9% | 12 | Sustainable |
1st  AVAAvista Corporation | $3.3B | 4.9% | 82.4% | 23 | Watch |
2nd  NWENorthwestern Energy … | $4.3B | 3.8% | 89.1% | 18 | At Risk |
 LAURLaureate Education, … | $5.2B | 0.0% | 0.2% | 0 | Sustainable |
 CWCOConsolidated Water C… | $478M | 1.7% | 43.3% | 3 | Sustainable |
 WECWEC Energy Group, In… | $36.5B | 3.1% | 73.7% | 22 | Watch |
3rd  EVRGEvergy, Inc. | $19.0B | 3.2% | 71.7% | 22 | Watch |
MGEE Annual Dividend History (1987–2026)
40 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.95 | — | 2 | — | — | — | 1.4% |
| 2025 | $1.85 | 5.4% | 4 | $3.72 | 49.7% | 2.01x | 2.7% |
| 2024 | $1.75 | 5.1% | 4 | $3.33 | 52.7% | 1.90x | 2.6% |
| 2023 | $1.67 | 5.0% | 4 | $3.25 | 51.4% | 1.95x | 2.5% |
| 2022 | $1.59 | 5.0% | 4 | $3.07 | 51.8% | 1.93x | 2.3% |
| 2021 | $1.51 | 4.8% | 4 | $2.92 | 51.9% | 1.93x | 2.2% |
| 2020 | $1.44 | 4.7% | 4 | $2.60 | 55.6% | 1.80x | 2.1% |
| 2019 | $1.38 | 4.5% | 4 | $2.33 | 59.2% | 1.69x | 2.0% |
| 2018 | $1.32 | 4.8% | 4 | $2.43 | 54.3% | 1.84x | 1.9% |
| 2017 | $1.26 | 4.6% | 4 | $2.82 | 44.7% | 2.24x | 1.9% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
39+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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MGEE — Frequently Asked Questions
Quick answers to the most common questions about buying MGEE stock.
How much dividend does MGEE pay per share?
MGE Energy, Inc. (MGEE) pays a trailing 12-month dividend of $1.85 per share, with a current dividend yield of +2.4%. Payments are made Semi-Annual.
When is MGEE's next ex-dividend date?
MGEE's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MGEE typically pays dividends Semi-Annual.
Is MGEE's dividend safe?
MGEE's dividend safety is rated "Sustainable" based on an earnings payout ratio of +49.7% and FCF payout ratio of N/A. With 39 consecutive years of dividend growth, the track record supports sustainability.
Is MGEE a Dividend Aristocrat?
Yes, MGE Energy, Inc. is classified as a Dividend Aristocrat with 39 consecutive years of dividend increases. The 5-year dividend CAGR is +5.1%, demonstrating above-inflation dividend growth.
How often does MGEE pay dividends?
MGE Energy, Inc. pays dividends Semi-Annual. The trailing 12-month total is $1.85 per share. Dividend data on this page covers 39+ years from 1987 to 2026.
How much would $10,000 invested in MGEE grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MGEE five years ago would be worth approximately $11,440 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MGEE's yield on cost for long-term holders?
MGEE's yield on cost — the current dividend divided by the original purchase price — is +2.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.4% market yield, thanks to consistent dividend growth.