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MGEE Mge Energy dividend history, payout ratio & dates

Mge Energy's most recent quarterly dividend payment of $0.388 per share was made to shareholders on record before Feb 28, 2022. The payout stands at $1.53 per share annually, which works out to a dividend yield of 1.87%.

Key dates

  • MGEE last dividend date: Feb 28, 2022
  • MGEE next dividend date: Not announced
MGEE dividend stats
DPS
$1.53
Dividend yield
1.86%
Payout ratio
52.7%
vs. Utilities sector
Dividend yield
2.99%
Payout ratio
59.3%

Dividend yield

What is Mge Energy current dividend yield

MGEE has a dividend yield of 1.87% which is below the Utilities sector, the industry and its peers average.

Dividend history

What is MGEE dividend payout history and dates

Mge Energy has been paying dividends for the last 22 years. According to our data MGEE has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 4.9% for the last year. However since the stock price has gone up by 10% from a year ago, the dividend yield has decreased by 4.3%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Jan 21, 2022 Feb 28, 2022 Mar 15, 2022 $0.388 normal
Oct 15, 2021 Nov 30, 2021 Dec 15, 2021 $0.388 normal
Aug 20, 2021 Aug 31, 2021 Sep 15, 2021 $0.388 normal
May 18, 2021 May 28, 2021 Jun 15, 2021 $0.37 normal
Jan 15, 2021 Feb 26, 2021 Mar 15, 2021 $0.37 normal
Oct 16, 2020 Nov 30, 2020 Dec 15, 2020 $0.37 normal
Jul 17, 2020 Aug 31, 2020 Sep 15, 2020 $0.37 normal
May 19, 2020 May 29, 2020 Jun 15, 2020 $0.353 normal
Jan 17, 2020 Feb 27, 2020 Mar 15, 2020 $0.353 normal
Oct 18, 2019 Nov 27, 2019 Dec 15, 2019 $0.353 normal
Aug 16, 2019 Aug 29, 2019 Sep 15, 2019 $0.353 normal
May 14, 2019 May 30, 2019 Jun 15, 2019 $0.338 normal
Jan 18, 2019 Feb 28, 2019 Mar 15, 2019 $0.338 normal
Oct 19, 2018 Nov 29, 2018 Dec 15, 2018 $0.338 normal
Aug 17, 2018 Aug 30, 2018 Sep 15, 2018 $0.338 normal
May 15, 2018 May 31, 2018 Jun 15, 2018 $0.323 normal
Jan 19, 2018 Feb 28, 2018 Mar 15, 2018 $0.323 normal
Oct 20, 2017 Nov 30, 2017 Dec 15, 2017 $0.323 normal
Aug 18, 2017 Aug 30, 2017 Sep 15, 2017 $0.323 normal
May 16, 2017 May 30, 2017 Jun 15, 2017 $0.308 normal
Jan 20, 2017 Feb 27, 2017 Mar 15, 2017 $0.308 normal

Dividend payout ratio

What is Mge Energy dividend payout ratio compared to the sector

Payout ratio

MGEE has a payout ratio of 52.7% which is lower than the Utilities sector, the industry and its peers average.

Total amount of dividends paid per financial year (from cash flow)