MGE Energy Issues September 2024 'Inside View'
Dividend Increases and Newsletter: MGE Energy, Inc. has reported 49 consecutive years of dividend increases in its investor newsletter, "Inside View," which also discusses the company's expansion into agrivoltaics and a new long-duration energy storage project seeking regulatory approval.
Company Overview: MGE Energy is a public utility holding company based in Madison, Wisconsin, with assets totaling approximately $2.7 billion and 2023 revenues around $691 million, primarily through its subsidiary Madison Gas and Electric.
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MGE Energy Declares $0.475 Quarterly Dividend, Marking 50 Years of Increases
- 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.
MGE Energy, Inc. Reports Increased Q3 Profit, Surpassing Expectations
Earnings Performance: MGE Energy, Inc. reported third-quarter earnings of $44.49 million, or $1.22 per share, an increase from $40.93 million, or $1.13 per share, in the previous year.
Analyst Expectations: The earnings exceeded analysts' expectations, who had forecasted an average of $1.19 per share, excluding special items.
Revenue Growth: The company's revenue rose by 4.3% to $175.67 million, compared to $168.48 million in the same period last year.
Earnings Summary: Key figures include earnings of $44.49 million, EPS of $1.22, and revenue of $175.67 million, all showing positive growth year-over-year.
MGE Energy Announces Earnings for Third Quarter of 2025
Financial Performance: MGE Energy reported a net income of $44.5 million for Q3 2025, an increase from $40.9 million in Q3 2024, with earnings per share rising to $1.22 from $1.13.
Electric Segment Growth: The electric segment's earnings increased by $1.3 million due to strategic capital investments and the successful launch of renewable energy projects, including the Darien Solar Project and the Paris Battery Energy Storage System.
Non-Utility Earnings: MGE Energy experienced approximately $2.2 million in investment gains from venture capital funds, contributing to higher non-utility earnings focused on advancing smart technologies and sustainability.
Company Overview: MGE Energy is a public utility holding company serving over 167,000 electricity customers and 178,000 natural gas customers in Wisconsin, with a history spanning more than 150 years.
Daily Dividend Update: SO, APLE, NRG, HBAN, MGEE
Apple Hospitality REIT Dividend Announcement: The Board of Directors declared a monthly cash distribution of $0.08 per common share, payable on November 17, 2025, with an annual yield of approximately 8.3% based on a closing stock price of $11.55.
NRG Energy Dividend Declaration: NRG Energy's Board announced a quarterly dividend of $0.44 per share, or $1.76 annually, payable on November 17, 2025, to shareholders of record as of November 3, 2025.
Huntington Bancshares Dividend Update: Huntington Bancshares declared a quarterly cash dividend of $0.155 per common share, unchanged from the previous quarter, payable on January 2, 2026, to shareholders of record on December 18, 2025.
MGE Energy Longstanding Dividend History: MGE Energy's Board declared a quarterly dividend of $0.4750 per share, payable on December 15, 2025, with a history of annual increases for 50 years and over 110 years of cash dividend payments.
MGE Energy Announces Standard Dividend Payment
Dividend Declaration: MGE Energy, Inc. has declared a quarterly dividend of $0.4750 per share, payable on December 15, 2025, to shareholders of record by December 1, 2025.
Long-standing Dividend History: The company has a strong track record, having increased its dividend annually for the past 50 years and paid cash dividends for over 110 years.
Morgan Stanley Keeps Underweight Rating on MGE Energy and Reduces Price Target to $75
- Real-time Intelligence: Benzinga Pro offers the fastest news alerts to help traders stay informed and make winning trades in the stock market.
- Exclusive Community: Joining Benzinga Pro connects users with over 10,000 serious traders and provides access to exclusive stories and insights from Benzinga reporters.
MGE Energy Declares $0.475 Quarterly Dividend, Marking 50 Years of Increases
- 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.
MGE Energy, Inc. Reports Increased Q3 Profit, Surpassing Expectations
Earnings Performance: MGE Energy, Inc. reported third-quarter earnings of $44.49 million, or $1.22 per share, an increase from $40.93 million, or $1.13 per share, in the previous year.
Analyst Expectations: The earnings exceeded analysts' expectations, who had forecasted an average of $1.19 per share, excluding special items.
Revenue Growth: The company's revenue rose by 4.3% to $175.67 million, compared to $168.48 million in the same period last year.
Earnings Summary: Key figures include earnings of $44.49 million, EPS of $1.22, and revenue of $175.67 million, all showing positive growth year-over-year.
MGE Energy Announces Earnings for Third Quarter of 2025
Financial Performance: MGE Energy reported a net income of $44.5 million for Q3 2025, an increase from $40.9 million in Q3 2024, with earnings per share rising to $1.22 from $1.13.
Electric Segment Growth: The electric segment's earnings increased by $1.3 million due to strategic capital investments and the successful launch of renewable energy projects, including the Darien Solar Project and the Paris Battery Energy Storage System.
Non-Utility Earnings: MGE Energy experienced approximately $2.2 million in investment gains from venture capital funds, contributing to higher non-utility earnings focused on advancing smart technologies and sustainability.
Company Overview: MGE Energy is a public utility holding company serving over 167,000 electricity customers and 178,000 natural gas customers in Wisconsin, with a history spanning more than 150 years.
Daily Dividend Update: SO, APLE, NRG, HBAN, MGEE
Apple Hospitality REIT Dividend Announcement: The Board of Directors declared a monthly cash distribution of $0.08 per common share, payable on November 17, 2025, with an annual yield of approximately 8.3% based on a closing stock price of $11.55.
NRG Energy Dividend Declaration: NRG Energy's Board announced a quarterly dividend of $0.44 per share, or $1.76 annually, payable on November 17, 2025, to shareholders of record as of November 3, 2025.
Huntington Bancshares Dividend Update: Huntington Bancshares declared a quarterly cash dividend of $0.155 per common share, unchanged from the previous quarter, payable on January 2, 2026, to shareholders of record on December 18, 2025.
MGE Energy Longstanding Dividend History: MGE Energy's Board declared a quarterly dividend of $0.4750 per share, payable on December 15, 2025, with a history of annual increases for 50 years and over 110 years of cash dividend payments.
MGE Energy Announces Standard Dividend Payment
Dividend Declaration: MGE Energy, Inc. has declared a quarterly dividend of $0.4750 per share, payable on December 15, 2025, to shareholders of record by December 1, 2025.
Long-standing Dividend History: The company has a strong track record, having increased its dividend annually for the past 50 years and paid cash dividends for over 110 years.
Morgan Stanley Keeps Underweight Rating on MGE Energy and Reduces Price Target to $75
- Real-time Intelligence: Benzinga Pro offers the fastest news alerts to help traders stay informed and make winning trades in the stock market.
- Exclusive Community: Joining Benzinga Pro connects users with over 10,000 serious traders and provides access to exclusive stories and insights from Benzinga reporters.
