Mge Energy's most recent dividend payment of $0.475 per share was made to shareholders on record before Jun 1, 2026. The payout stands at $1.9 per share annually, which works out to a dividend yield of 2.5%.
MGEE has a dividend yield of 2.5% which is below the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 3.37%, Mge Energy's dividend yield is 26% lower. Historically MGEE's dividend yield has averaged at 2.2% in the last 5 years, which is below the current yield.
Mge Energy has been paying dividends for the last 33 years. According to our data MGEE has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 6% for the last year. And since the stock price has gone down by 14% from a year ago, the dividend yield has increased by 23%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Jun 1, 2026 | $0.475 | 2.62% |
| Feb 27, 2026 | $0.475 | 2.29% |
| Dec 1, 2025 | $0.475 | 2.31% |
| Aug 29, 2025 | $0.475 | 2.14% |
| May 30, 2025 | $0.45 | 1.99% |
| Feb 28, 2025 | $0.45 | 1.94% |
| Nov 29, 2024 | $0.45 | 1.68% |
| Aug 30, 2024 | $0.45 | 2% |
| May 31, 2024 | $0.428 | 2.13% |
| Feb 29, 2024 | $0.428 | 2.67% |
| Nov 30, 2023 | $0.428 | 2.26% |
| Aug 31, 2023 | $0.428 | 2.28% |
| May 31, 2023 | $0.408 | 2.27% |
| Feb 28, 2023 | $0.408 | 2.27% |
| Nov 30, 2022 | $0.408 | 2.21% |
| Aug 31, 2022 | $0.408 | 2.04% |
| May 31, 2022 | $0.388 | 1.95% |
| Feb 28, 2022 | $0.388 | 2.13% |
| Nov 30, 2021 | $0.388 | 2.09% |
| Aug 31, 2021 | $0.388 | 1.86% |
| May 28, 2021 | $0.37 | 1.97% |
| Feb 26, 2021 | $0.37 | 2.3% |
| Nov 30, 2020 | $0.37 | 2.1% |
| Aug 31, 2020 | $0.37 | 2.2% |
| May 29, 2020 | $0.353 | 2.08% |
| Feb 27, 2020 | $0.353 | 1.85% |
| Nov 27, 2019 | $0.353 | 1.77% |
| Aug 29, 2019 | $0.353 | 1.8% |
| May 30, 2019 | $0.338 | 2.06% |
| Feb 28, 2019 | $0.338 | 2.09% |
| Nov 29, 2018 | $0.338 | 2.05% |
| Aug 30, 2018 | $0.338 | 1.99% |
| May 31, 2018 | $0.323 | 2.16% |
| Feb 28, 2018 | $0.323 | 2.43% |
| Nov 30, 2017 | $0.323 | 1.91% |
| Aug 30, 2017 | $0.323 | 1.95% |
| May 30, 2017 | $0.308 | 1.9% |
| Feb 27, 2017 | $0.308 | 1.88% |
| Nov 29, 2016 | $0.308 | 1.97% |
| Aug 30, 2016 | $0.308 | 2.18% |
| May 27, 2016 | $0.295 | 2.29% |
| Feb 26, 2016 | $0.295 | 2.37% |
| Nov 27, 2015 | $0.295 | 2.71% |
| Aug 28, 2015 | $0.295 | 2.96% |
| May 28, 2015 | $0.283 | 2.89% |
| Feb 25, 2015 | $0.283 | 2.59% |
MGEE has a payout ratio of 48.6% which is lower than the Utilities sector, the industry and its peers average. If we compare it with the Utilities sector average of 62%, Mge Energy's payout ratio is 22% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WEC Wec Energy Group Inc | 3.22% | $3.69 | 73.1% |
| DTE Dte Energy Co | 3.09% | $4.59 | 75.3% |
| CMS Cms Energy Corp | 2.98% | $2.23 | 61.3% |
| XEL Xcel Energy Inc | 2.91% | $2.33 | 66.6% |
| AEP American Electric Power Co Inc | 2.86% | $3.78 | 55.5% |
| LNT Alliant Energy Corp | 2.81% | $2.09 | 65.4% |
| AEE Ameren Corp | 2.63% | $2.92 | 52.1% |
| OTTR Otter Tail Corp | 2.47% | $2.21 | 32.9% |
| MGEE Mge Energy Inc | 2.45% | $1.9 | 48.6% |
Yes, Mge Energy has paid four dividends in the last 12 months. MGEE has been paying dividends since 1993.
Mge Energy's last regular dividend was on Jun 1, 2026 (ex-date) with the amount of $0.475 per share.
On an annual basis MGEE pays $1.9 per share.
The current dividend yield of Mge Energy is 2.5%.
Mge Energy pays dividends quarterly.
Mge Energy's dividend payout ratio is 48.6%.
Mge Energy's dividend yield is below the Utilities sector average.
Special dividends are included in TTM DPS and yield.