Is MGE Energy, Inc. a good dividend stock?

MGE Energy, Inc. (MGEE) is a dividend-paying stock with a current dividend yield of 2.53%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is MGEE's dividend yield?

The dividend yield for MGEE stock is currently 2.53%.

How much does MGEE pay in dividends per year?

MGE Energy, Inc. pays an annual dividend of $1.9333 per share over the trailing twelve months.

How often does MGEE pay dividends?

MGEE stock pays dividends quarterly.

Is MGEE's dividend growing?

MGE Energy, Inc.'s 3-year dividend CAGR is 5.45%.

MGEE Stock Price, Chart, Stats & News

MGE Energy, Inc.

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Overview Dividend safety Dividends Fundamentals

MGE Energy, Inc. (MGEE) is a dividend-paying stock with a current dividend yield of 2.53% as of Sep 11, 2026. It pays $1.93 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 5.25% 5-year compound annual rate.

2.89B

Market cap

18.79x

Current P/E

25.25x

Forward P/E

2.53%

Dividend yield

$1.93

MGEE dividend

Dividend safety

Strong

Dividend coverage looks healthy — MGEE pays out about 48% of earnings.

See the safety analysis

MGEE chart

Fundamentals

Gross margin	97.31%
Operating margin	22.95%
Pretax margin	21.07%
Net margin	18.27%
Effective tax rate	13.26%
ROA	4.31%
ROE	10.59%
D/E	0.72x
Interest coverage ratio	5.05x

All financials

MGEE valuation

P/E	18.79x
P/S	3.74x
P/B	2.13x
P/CF	10.57x
P/FCF	-34.81x
P/OCF	10.57x
PEG	37.88x
EV multiple	6.09x

About

MGE Energy, Inc. operates as a public utility holding company, primarily conducting its business in Wisconsin through various subsidiary entities. The company's operations are divided into several key segments: Regulated Electric Utility, Regulated Gas Utility, Nonregulated Energy, Transmission Investments, and an "All Other" category. Its core activities involve the generation, acquisition, and delivery of electricity, utilizing owned or leased power generation facilities situated in both Wisconsin and Iowa.