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MGE EnergyFRA:MG1 73 Forward Dividend Yield % is 2.29% as of Jul. 26, 2026. GuruFocus rates FRA:MG1 with a GF Score™ of 73/100 and a GF Value™ of €76.09. The stock has 4 warning signs investors should review. Among 435 Utilities - Regulated companies, MGE Energy ranks worse than 77.47% on this metric.
As of today (2026-07-26), the Forward Annual Dividend Yield of MGE Energy is 2.29%.
As of today (2026-07-26), the Trailing Annual Dividend Yield of MGE Energy is 2.28%.
FRA:MG1's Forward Dividend Yield % is ranked worse than 77.47% of 435
companies
in the Utilities - Regulated industry
Industry Median: 3.7
vs FRA:MG1: 2.29
During the past 12 months, MGE Energy's average Dividends Per Share Growth Rate was 5.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 5.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 5.10% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 4.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of MGE Energy was 5.20% per year. The lowest was 0.80% per year. And the median was 2.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
MGE Energy (FRA:MG1) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
FRA:MG1 vs HE, NWE, IMSR: Forward Dividend Yield % Comparison
For the Utilities - Regulated Electric subindustry, MGE Energy's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MGE Energy Forward Dividend Yield % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, MGE Energy's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where MGE Energy's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
MGE Energy Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.475000
2026-06-01
2026-06-01
2026-06-15
Cash Dividend
quarterly
USD:EUR 0.856000
USD 0.475000
2026-02-27
2026-03-01
2026-03-15
Cash Dividend
quarterly
USD:EUR 0.846000
USD 0.475000
2025-12-01
2025-12-01
2025-12-15
Cash Dividend
quarterly
USD:EUR 0.854000
USD 0.475000
2025-08-29
2025-09-01
2025-09-15
Cash Dividend
quarterly
USD:EUR 0.859000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
MGE Energy's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
1.6264
/
71.50
=
2.27 %
Current Share Price is €71.50. MGE Energy's Dividends per Share for the forward twelve months is calculated as €0.4066 * 4 = €1.6264.
MGE Energy's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
1.622125
/
71.50
=
2.27 %
Current Share Price is €71.50. MGE Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is €1.622125.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Forward Dividend Yield % of 2.29% mean?
MGE Energy (FRA:MG1) has a Forward Dividend Yield % of 2.29% as of Jul. 26, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on MGE Energy and its competitors. According to the industry distribution chart, MGE Energy ranks #337 out of 435 companies in the Utilities - Regulated industry, placing it in the top 77.5%.
Is MGE Energy's Forward Dividend Yield % too high?
MGE Energy's current Forward Dividend Yield % is 2.29%. The Utilities - Regulated industry median Forward Dividend Yield % is 3.70. MGE Energy's value of 2.29% is 38.1% below this industry median. Based on the distribution chart, MGE Energy ranks #337 out of 435 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, MGE Energy has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does MGE Energy's Forward Dividend Yield % compare to HE and NWE?
According to the Utilities - Regulated industry distribution chart, MGE Energy ranks #337 out of 435 companies for Forward Dividend Yield %. This places MGE Energy in the lower half of its industry. The industry median Forward Dividend Yield % is 3.70. MGE Energy's value of 2.29% is 38.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Utilities - Regulated company?
The median Forward Dividend Yield % among Utilities - Regulated companies is 3.70, based on 435 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MGE Energy's current Forward Dividend Yield % of 2.29% is 38.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on MGE Energy and its competitors. For the Utilities - Regulated industry, the median Forward Dividend Yield % is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGE Energy's current Forward Dividend Yield % is 2.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGE Energy stock overvalued right now?
MGE Energy (FRA:MG1) has a current Forward Dividend Yield % of 2.29%. The stock's GF Value™ is €76.09, compared to a current price of €71.50 — trading 6% below its estimated fair value. The current Forward Dividend Yield % is 2.29% and 38.1% below the Utilities - Regulated industry median of 3.70. MGE Energy's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For MGE Energy (FRA:MG1), the current Forward Dividend Yield % is 2.29% as of Jul. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is MGE Energy (FRA:MG1) Overvalued in 2026?
Based on GuruFocus' analysis, MGE Energy stock appears to be undervalued.
The current stock price of €71.50 is trading 6% below its estimated GF Value™ of €76.09.
Key valuation signals for FRA:MG1:
Forward Dividend Yield %: 2.29%
GF Value™: €76.09 vs. price of €71.50 (6% below fair value)
Industry Position: 38.1% below the Utilities - Regulated median (#337 of 435)
No single metric tells the full story. See the FRA:MG1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MGE Energy provides electric service to 170,000 customers and natural gas service to 180,000 customers in Madison, Wisconsin, and surrounding areas. Nearly 90% of customers are residential. The company also owns a 3.6% stake in American Transmission Co. MGE owns interests in two coal power plants that earn guaranteed fixed rates of return, contributing about 20% of earnings.
73GF Score
Get the complete analysis for FRA:MG1
Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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