MGE Energy, Inc.
MGEE38 yrs growthUtilities · Stock · quarterly payer
$73.86
Add to PortfolioForward Yield
2.57%
Annual Dividend
$1.90
Payout Ratio
48%
5-Yr Growth
5.1%
Ex-Date
Jun 1, 2026
Frequency
Quarterly
MGEE Dividend Safety Score
93/ 100
Grade A
Very Safe
Dividend-growth streak38 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage48% of earnings paid out
Balance-sheet strengthDebt/equity of 0.70
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is MGEE a good dividend stock?
YesMGE Energy, Inc. (MGEE) pays a quarterly dividend yielding 2.57% ($1.90/yr), with 38 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 38 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (48%)
- Strong 5.1% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.57%
- Payout Ratio
- 48%
- Annual Dividend
- $1.90
- 5-Yr Avg Growth
- 5.1%
- Ex-Dividend Date
- Jun 1, 2026
- Years of Growth
- 38
- Frequency
- quarterly
- Beta
- 0.72
- Market Cap
- $2.8B
- P/E Ratio
- 18.9
- 5-Yr Total Return
- 0%
- 52-Week Range
- $72.16 – $91.49
- Dividend Safety
- A · 93/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 1, 2026 | — | $0.4750 | regular |
| Feb 27, 2026 | — | $0.4750 | regular |
| Dec 1, 2025 | — | $0.4750 | regular |
| Aug 29, 2025 | — | $0.4750 | regular |
| May 30, 2025 | — | $0.4500 | regular |
| Feb 28, 2025 | — | $0.4500 | regular |
| Nov 29, 2024 | — | $0.4500 | regular |
| Aug 30, 2024 | — | $0.4500 | regular |
| May 31, 2024 | — | $0.4280 | regular |
| Feb 29, 2024 | — | $0.4280 | regular |
| Nov 30, 2023 | — | $0.4280 | regular |
| Aug 31, 2023 | — | $0.4280 | regular |
| May 31, 2023 | — | $0.4080 | regular |
| Feb 28, 2023 | — | $0.4080 | regular |
Income Calculator
At $1.90 / yr per share
Per payment (quarterly)$47.50
Annual$190.00
Monthly avg$15.83
