$80.85
+0.64 (+0.80%)
Dividend Overview
2.39%
Dividend Yield
+1.09% vs S&P 500 avg
$1.85
Annual Dividend
Per Payment$0.93
Frequencysemi-annual
Payout Ratio49.7%
Ex-DividendFeb 16, 2026
Pay DateMar 9, 2026
Stock Price$80.85
Yield on Cost If you bought at that price, what would your yield be today?
Dividend Income Calculator
If you invest $10,000 in MGEE at $80.85/share
Monthly
$18.97
Quarterly
$56.92
Annually
$227.66
123 shares Based on current price of $80.85 per share
To earn $100/month in dividends
You would need 649 shares
$52,471.65
investment needed
Dividend Safety
Safe 49.7% payout ratio
Safe Moderate High

A payout ratio under 60% suggests the dividend is well-covered by earnings with room to grow.

Dividend Comparison — Utilities
Stock Yield Annual Div Payout Ratio Price
NEE
Nextera Energy Inc
2.84% $2.26 68.5% $84.92
SO
Southern Co/The
3.22% $2.74 69.5% $92.85
DUK
Duke Energy Corp
3.44% $4.25 66.4% $124.94
CEG
Constellation Energy
0.65% $1.56 21.0% $268.85
AEP
American Electric Power
2.97% $3.74 56.1% $125.58
D
Dominion Energy Inc
3.83% $2.63 76.0% $67.44
SRE
Sempra
2.94% $2.52 89.4% $84.57
VST
Vistra Corp
0.62% $1.47 52.8% $141.15
ETR
Entergy Corp
2.37% $2.48 61.6% $107.30
XEL
Xcel Energy Inc
2.88% $2.14 63.5% $77.74