MGE Energy Dividend
Dividend criteria checks 4/6
MGE Energy is a dividend paying company with a current yield of 2.15% that is well covered by earnings.
Key information
2.1%
Dividend yield
51%
Payout ratio
Industry average yield | 5.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €3.25 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MG1's dividends per share have been stable in the past 10 years.
Growing Dividend: MG1's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
MGE Energy Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MG1) | 2.1% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (Electric Utilities) | 5.6% |
Analyst forecast in 3 Years (MG1) | 2.4% |
Notable Dividend: MG1's dividend (2.15%) is higher than the bottom 25% of dividend payers in the German market (1.63%).
High Dividend: MG1's dividend (2.15%) is low compared to the top 25% of dividend payers in the German market (4.62%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.3%), MG1's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (399.4%), MG1's dividend payments are not well covered by cash flows.