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Pinnacle West Capital, MGE Energy and Vestas Wind Systems offer exposure to expanding wind capacity, clean-energy investment and strong turbine demand.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MGE (MGEE) have what it takes?
In this article series, I summarize dividend announcements of the past week. This week, 9 stocks announced dividend increases, including 3 stocks I own. INTU stands out for its robust safety metrics, 15% dividend hike, low payout ratios, and a forward-looking 16.16% dividend growth rate, though fair value estimates diverge. LRCX delivered the largest increase (26.92%) and boasts the highest Quality Score, but its yield is minimal at 0.44% and valuation appears stretched.
Five dividend-growth stocks, including Nordson and MGE Energy, have recently declared payouts as investors seek income amid market uncertainty.
BlackRock Inc. purchased a new position in MGE Energy Inc. (NASDAQ: MGEE) in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,093,900 shares of the utilities provider's stock, valued at approximately $496,897,000. BlackRock Inc. owned 16.58% of MGE Energy at the
The Board of Directors of MGE Energy approved a 7.0% increase in the company's regular quarterly dividend to 50.83c per share on its outstanding common stock. The dividend is payable September 15, 2026, to shareholders of record as of September 1, 2026. The increase raises MGE Energy's annualized dividend rate to $2.0332 per share and marks the company's 51st consecutive year of dividend increases. "This dividend increase reflects our Board's continued confidence in MGE Energy's long-term strategy, disciplined financial management and commitment to delivering regular, predictable and sustainable returns to shareholders," said Jeff Keebler, Chairman, President and CEO.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MGE (MGEE) have what it takes?
MGE (MGEE) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.72 per share a year ago.