MGE Energy, Inc. Stock News

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Third-Quarter 2024 Earnings.

September was a splendid month for my 85-stock portfolio with five dividend raises, enhancing the joy for dividend-loving investing. Duke Energy, MGE Energy, Simon Property Group, Union Pacific, and Broadcom all saw dividend increases, though some raises were modest and valuations varied. Despite some stocks being overvalued, the portfolio's 6.4% forward high-yield and 16.47% YTD performance af...

Fourteen upcoming dividend increases, including two Dividend Kings: Nordson Corp with a 14.7% increase and Dover Corp with a 1% increase. New challengers Cactus Inc. and Murphy USA join the list with 5-year dividend growth streaks. People's Financial Services Corp offers a significant 50% dividend increase.

MGE Energy is a Dividend Champion, closing in on the vaunted Dividend King title. The electric and gas utility is forecasting significant investments over the next several years to keep up with electric load growth. MGEE's interest coverage ratio was nearly 5 through the first half of 2024.

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Issues June 2024 'Inside View'.

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Declares Regular Dividend.

Since my buy rating in March, shares of MGE Energy have soared 29%. The company's operating revenue dipped as diluted EPS surged higher in the first quarter. MGEE's interest coverage ratio was very strong in the first quarter, supporting an AA- credit rating from S&P on a stable outlook.