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MGE Energy (MGE Energy) Dividend Yield % : 2.18% (As of Apr. 27, 2024)


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What is MGE Energy Dividend Yield %?

As of today (2024-04-27), the Trailing Annual Dividend Yield of MGE Energy is 2.18%.

Warning Sign:

MGE Energy Inc stock dividend yield is close to 1-year low.

The historical rank and industry rank for MGE Energy's Dividend Yield % or its related term are showing as below:

MGEE' s Dividend Yield % Range Over the Past 10 Years
Min: 1.68   Med: 2.13   Max: 3.12
Current: 2.18

During the past 13 years, the highest Dividend Yield of MGE Energy was 3.12%. The lowest was 1.68%. And the median was 2.13%.

MGEE's Dividend Yield % is ranked worse than
73.72% of 430 companies
in the Utilities - Regulated industry
Industry Median: 3.88 vs MGEE: 2.18

MGE Energy's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.78.

During the past 13 years, the highest Dividend Payout Ratio of MGE Energy was 0.56. The lowest was 0.45. And the median was 0.53.

As of today (2024-04-27), the Forward Dividend Yield % of MGE Energy is 2.18%.

MGE Energy's Dividends per Share for the three months ended in Dec. 2023 was $0.43.

During the past 12 months, MGE Energy's average Dividends Per Share Growth Rate was 5.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of MGE Energy was 4.90% per year. The lowest was 0.80% per year. And the median was 2.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


MGE Energy Dividend Yield % Historical Data

The historical data trend for MGE Energy's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MGE Energy Dividend Yield % Chart

MGE Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 2.06 1.84 2.21 2.31

MGE Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.21 2.07 2.06 2.41 2.31

Competitive Comparison of MGE Energy's Dividend Yield %

For the Utilities - Regulated Electric subindustry, MGE Energy's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MGE Energy's Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, MGE Energy's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where MGE Energy's Dividend Yield % falls into.



MGE Energy Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

MGE Energy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4282024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.4282023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.4282023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.4082023-05-312023-06-012023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

MGE Energy's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.692/77.60
=2.18 %

Current Share Price is $77.60.
MGE Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.692.

MGE Energy's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.712/77.60
=2.21 %

Current Share Price is $77.60.
MGE Energy's Dividends per Share for the forward twelve months is calculated as $0.428 * 4 = $1.712.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MGE Energy  (NAS:MGEE) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


MGE Energy Dividend Yield % Related Terms

Thank you for viewing the detailed overview of MGE Energy's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


MGE Energy (MGE Energy) Business Description

Traded in Other Exchanges
N/A
Address
133 South Blair Street, Madison, WI, USA, 53788
MGE Energy Inc is a U.S. public utilities holding company based in Wisconsin. The firm generates, purchases, and distributes electricity and natural gas, and also provides transmission services, the company generates electricity from coal and purchased power, but also from natural gas, fuel oil, and renewable sources. MGE operates through five segments, which include Regulated electric utility operations, Regulated gas utility operations, Non-regulated energy operations, Transmission investments, and All other segment which includes investing in companies and property and financing the regulated operations. The majority of electric retail revenue is derived from commercial consumers whereas the majority of natural gas revenue is derived from residential consumers.
Executives
Scott Robert Smith officer: VP Bus. Regulatory Strategy 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
James G Berbee director 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
James Jerome Lorenz officer: VP Business Operations 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Noble Lynnwood Wray director 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Lynn K Hobbie officer: Exec VP Marketing & Corp Comm 133 SOUTH BLAIR ST, P.O. BOX 1231, MADISON WI 53701-1231
Gary J Wolter director 133 SOUTH BLAIR ST., P.O. BOX 1231, MADISON WI 53701-1231
Cari Anne Renlund officer: VP and General Counsel 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
James L Possin director 133 SOUTH BLAIR STREET, P.O. BOX 1231, MADISON WI 53701-1231
Tamara Jean Johnson officer: VP Accounting and Controller 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Jared Joseph Bushek officer: VP Finance, CIO & Treasurer 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Marcia M Anderson director 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
Jeffrey M Keebler officer: Sr. VP-Energy Supply & Plan 133 S BLAIR ST, PO BOX 1231, MADISON WI 53701-1231
Regina M Millner director 133 SOUTH BLAIR ST, P.O. BOX 1231, MADISON WI 53701-1231
Donald D Peterson officer: VP - Energy Technology 133 S. BLAIR ST, PO BOX 1231, MADISON WI 53701-1231
Thomas R Stolper director 133 SOUTH BLAIR STREET, POST OFFICE BOX 1231, MADISON WI 53701-1231

MGE Energy (MGE Energy) Headlines

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