MGE Energy Inc. (MGEE) Ex-Dividend Date Scheduled for November 28, 2012

By NASDAQ.com News November 26, 2012, 09:00:03 AM EDT

MGE Energy Inc. ( MGEE ) has announced an ex-dividend date of November 28, 2012 and a cash dividend payment of $0.3951 per share scheduled for December 15, 2012. Shareholders who purchased MGEE stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.27% increase over the same quarter a year ago. At the current stock price of $48.83, the dividend yield is 3.24%.

The previous trading day's last sale of MGEE was $48.83, representing a -12.9% decrease from the 52 week high of $56.06 and a 16.26% increase over the 52 week low of $42.

MGEE is a part of the Energy sector, which includes companies such as Southern Company ( SO ) and Dominion Resources, Inc. ( D ). MGEE's current earnings per share, an indicator of a company's profitability, is $2.74. Zacks Investment Research reports MGEE's forecasted earnings growth in 2012 as 6.63%, compared to an industry average of -1%.

For more information on the declaration, record and payment dates, visit the MGEE Dividend History page.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: News Headlines, Stocks

Referenced Stocks: D, MGEE, SO



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