MGE Energy Declares $0.475 Quarterly Dividend, Marking 50 Years of Increases
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Businesswire
- Dividend Declaration: MGE Energy's board has declared a quarterly dividend of $0.475 per share, payable on March 15, 2026, reflecting the company's commitment to shareholder returns and likely boosting investor confidence.
- Long-term Dividend Growth: With a history of increasing dividends for 50 consecutive years and over 110 years of cash dividend payments, MGE Energy demonstrates financial stability, enhancing its market position in the utility sector.
- Customer Base: MGE Energy's principal subsidiary, Madison Gas and Electric, serves 167,000 electricity customers and 178,000 natural gas customers across south-central and western Wisconsin, showcasing its extensive regional market presence and influence.
- Utility Company Profile: As a public utility holding company, MGE Energy's stable dividend policy and long-term growth record have established a strong reputation among investors, further solidifying its leadership position in the industry.
Analyst Views on MGEE
Wall Street analysts forecast MGEE stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MGEE is 79.00 USD with a low forecast of 75.00 USD and a high forecast of 83.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
0 Buy
1 Hold
1 Sell
Moderate Sell
Current: 79.950
Low
75.00
Averages
79.00
High
83.00
Current: 79.950
Low
75.00
Averages
79.00
High
83.00
About MGEE
MGE Energy, Inc. is a public utility holding company. The Company's segments include regulated electric utility operations; regulated gas utility operations; nonregulated energy operations, transmission investments, and all other. The regulated electric utility operations segment is engaged in generating, purchasing, and distributing electricity through Madison Gas and Electric Company (MGE). The regulated gas utility operations segment is engaged in purchasing and distributing natural gas through MGE. The nonregulated energy operations segment owns and leases electric generating capacity that assists MGE through MGE Energy's wholly owned subsidiaries MGE Power Elm Road and MGE Power West Campus. The transmission investments segment includes the investment in American Transmission Company LLC, which is engaged in the business of providing electric transmission services in Wisconsin, and ATC Holdco LLC, which facilitates out-of-state electric transmission development and investments.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
