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Stock Market & Financial Investment News

News Breaks
April 15, 2013
14:48 EDTMGEEMGE seeks electric and gas rate freeze
Madison Gas and Electric filed a request with the Public Service Commission of Wisconsin to freeze both natural gas and electric base rates for all customers through at least Dec. 31, 2014. Last month MGE announced it achieved a $6.2M savings in fuel-related expenses in 2012 and that customers would benefit from these savings. Lower fuel expenses will allow the company to maintain the same electric rates for another year. Natural gas rates also will remain unchanged for next year.
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August 15, 2014
13:45 EDTMGEEMGE Energy increases dividend 4% to 28.25c
The board of MGE Energy increased the regular quarterly dividend rate by 4% to 28.25c per share on the company's common stock. The dividend is payable September 15 to shareholders of record September 1. This increase raises the annual dividend rate 4c to $1.13 per share from $1.09 per share.

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