Form 8-K
0001161728FALSE 0001161728 2019-08-16 2019-08-16







Washington, D.C. 20549







Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934





August 16, 2019

Date of report (date of earliest event reported)









File No.


Name of Registrant, State of Incorporation, Address

of Principal Executive Offices, and Telephone No.


IRS Employer

Identification No.





MGE Energy, Inc.

(a Wisconsin Corporation)

133 South Blair Street

Madison, Wisconsin 53788

(608) 252-7000|






Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Securities registered pursuant to Section 12(b) of the Act:

Title of each class


Trading symbol(s)


Name of each exchange on which registered

Common Stock, $1 Par Value Per Share




The NASDAQ Stock Market



Item 8.01. Results of Operations and Financial Condition.


On August 16, 2019, MGE Energy, Inc. (the Company) issued a press release announcing an increase in its regular quarterly dividend on its outstanding shares of common stock. The release announced the declaration of a quarterly dividend of $0.3525 per share, payable on September 15, 2019, to shareholders of record as of September 1, 2019. The Company is filing a copy of that press release as Exhibit 99.1 to this report.


Item 9.01. Financial Statements and Exhibits.


(a)Financial statements of businesses acquired: None

(b)Pro forma financial information: None

(c)Shell company transactions: None



Exhibit No.





Press release of MGE Energy, Inc., issued on August 16, 2019.









Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.



MGE Energy, Inc.










Date: August 16, 2019

/s/ Jeffrey C. Newman


Jeffrey C. Newman

Executive Vice President, Chief Financial Officer,

Secretary and Treasurer



Exhibit 99.1  






MGE Energy Increases Dividend for 44th Consecutive Year


Madison, Wis., Aug. 16, 2019—The board of directors of MGE Energy, Inc. (Nasdaq: MGEE) today increased the regular quarterly dividend rate over 4% to $0.3525 per share on the outstanding shares of the company’s common stock. The dividend is payable Sept. 15, 2019, to shareholders of record Sept. 1, 2019. This raises the annualized dividend rate by 6 cents from $1.35 per share to $1.41 per share.


"MGE Energy has paid dividends for more than one hundred years. We're committed to providing solid returns and building shareholder value," Chairman, President and CEO Jeff Keebler said. "Our board's action today to increase the regular quarterly dividend rate reflects confidence in our long-term business strategy for building your community energy company for the future."


MGE Energy has increased its dividend annually for the past 44 years and has paid cash dividends for more than 100 years.


About MGE Energy


MGE Energy is a public utility holding company. Its principal subsidiary, Madison Gas and Electric (MGE), generates and distributes electricity to 153,000 customers in Dane County, Wis., and purchases and distributes natural gas to 161,000 customers in seven south-central and western Wisconsin counties.



Steve Schultz

Corporate Communications Manager

608-252-7219 |


Document and Entity Information
Aug. 16, 2019
Document And Entity Information [Line Items]  
Entity Registrant Name MGE Energy, Inc.
Entity Central Index Key 0001161728
Document Type 8-K
Document Period End Date Aug. 16, 2019
Amendment Flag false
Trading Symbol MGEE
Entity Emerging Growth Company false
Security Exchange Name NASDAQ
Security 12b Title Common Stock, $1 Par Value Per Share
Entity Tax Identification Number 39-2040501
Entity File Number 000-49965
Entity Address Address Line1 133 South Blair Street
Entity Address City Or Town Madison
Entity Address State Or Province WI
Entity Address Postal Zip Code 53788
City Area Code 608
Local Phone Number 252-7000
Written Communications false
Soliciting Material false
Pre-commencement Issuer Tender Offer false
Pre-commencement Tender Offer false
Entity Incorporation State Country Code WI