Published on 24 Aug 2023 on Simply Wall St. via Yahoo Finance
MGE Energy, Inc. (NASDAQ:MGEE) will increase its dividend on the 15th of September to $0.4275, which is 4.9% higher than last year's payment from the same period of $0.408. Despite this raise, the dividend yield of 2.2% is only a modest boost to shareholder returns.
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MGE Energy's Dividend Is Well Covered By Earnings