MGEE - MGE Energy, Inc.
Four RIG portfolio holdings—CMI, DUK, MGEE, and UNP—announced September dividend raises, reinforcing income growth despite broader market weakness. CMI delivered a standout 10% dividend increase, but with a 1.7% yield and elevated P/E, I maintain a hold and seek a lower entry point. DUK and MGEE provided modest raises. Both remain reliable dividend payers, but neither meets my buy criteria at current yields and valuations.
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?
Dividend Kings are underperforming SPY in September, with a -4.22% average return versus SPY's marginal gain. Despite aggregate weakness, 29 Dividend Kings appear both undervalued and offer a long-term expected return of at least 10%. Recent dividend increases and higher projected earnings growth have modestly improved the Kings' average dividend growth rate to 4.49%.
Shares of MGE Energy Inc. (NASDAQ: MGEE - Get Free Report) hit a new 52-week low on Wednesday. The stock traded as low as $71.42 and last traded at $71.1950, with a volume of 4230 shares trading hands. The stock had previously closed at $72.86. Analysts Set New Price Targets A number of equities analysts have
Last month, MGE Energy hiked its dividend by 7%, extending its dividend growth streak to 51 consecutive years. The population of the regulated utility's service territory is expected to grow at the fastest rate in Wisconsin through 2050. MGEE maintains the best-in-class S&P credit rating in the country for regulated utilities.
Squarepoint Ops LLC cut its holdings in shares of MGE Energy Inc. (NASDAQ: MGEE) by 52.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,607 shares of the utilities provider's stock after selling 11,936 shares during the
Dividend Kings have a 50+ year track record of increasing dividends, showcasing resilience through economic challenges. I rank the Dividend Kings using my 9F Quality Scores, blending qualitative and quantitative factors for a robust, investment-grade assessment. ADP stands out as the best total-return candidate. It is undervalued, high-quality, and offering a strong projected dividend growth rate and Adjusted Chowder Number.
MGE Energy (NASDAQ: MGEE - Get Free Report) and Exelon (NASDAQ: EXC - Get Free Report) are both utilities companies, but which is the better stock? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, valuation, profitability, dividends, risk and earnings. Profitability This table compares MGE Energy and Exelon's net
Fed hikes rates and signals another, putting MGEE, ADM, DOLE and DGX in focus as low-beta defensive picks.
FMNB, MGEE and NSSC are highlighted as dividend stocks amid market volatility, inflation and rate-hike fears.
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.
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Second-Quarter 2026 Earnings.
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?