MGE Energy(NASDAQ:MGEE) Declares Dividend of $0.3075.

MGE Energy (NASDAQ:MGEE) had declared a cash dividend of $0.3075 on Aug 19, 2016. The shares will quote ex-dividend on Aug 30, 2016 and the record date has been fixed for Sep 1, 2016. On Aug 19, 2016 share price, the yield comes out to be 2.1556%. The dividend payable date has been fixed on Sep 15, 2016.

MGE Energy (MGEE) made into the market gainers list on Mondays trading session with the shares advancing 0.49% or 0.27 points. Due to strong positive momentum, the stock ended at $55.49, which is also near the day’s high of $55.93. The stock began the session at $55.26 and the volume stood at 52,003 shares. The 52-week high of the shares is $57.48 and the 52 week low is $36.75. The company has a current market capitalization of $1,924 M and it has 3,46,68,370 shares in outstanding.

MGE Energy(MGEE) last announced its earnings results on Aug 4, 2016 for Fiscal Year 2016 and Q2.Earnings per share were $0.47.

Several Insider Transactions has been reported to the SEC. On Nov 13, 2015, Regina M Millner (director) purchased 47 shares at $42.42 per share price.

MGE Energy Inc. is a holding company. The Company operates through its subsidiaries and generates and distributes electric energy and distributes natural gas. It operates in five segments: Regulated electric utility operations Regulated gas utility operations Nonregulated energy operations Transmission investments and All other. The Regulated electric utility operations segment distributes electricity in a service area covering a 316 square-mile area of Dane County Wisconsin. The Regulated gas utility operations segment comprises transportation and distribution of natural gas in a service area covering 1678 square miles in seven south-central Wisconsin counties. The Nonregulated energy operations segment comprises development of generation sources. The Transmission Investments segment comprises owning and operating electric transmission facilities primarily in Wisconsin. The All other segment comprises investing in companies and property that relate to the regulated operations.

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