MGE Payout ratio
What is the Payout ratio of MGE?
The Payout ratio of MGE Energy, Inc. is 54.31%
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Payout ratio of companies in the Utilities sector on NASDAQ compared to MGE
What does MGE do?
mge energy, inc., through its subsidiaries, operates as a public utility holding company primarily in wisconsin. it operates through five segments: regulated electric utility operations; regulated gas utility operations; nonregulated energy operations; transmission investments; and all other. the company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in wisconsin and iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. it also generates electricity from coal, natural gas, and renewable energy sources, as well as purchases power under short and long-term commitments. as of february 26, 2020, the company distributed electricity to 155,000 customers in dane county, wisconsin; and purchased and distributed natural gas to 163,000 customers in seven south-central and western wisconsin counties. mge energy, inc. was founded in 1855 and is headquartered in madison, wisco
Companies with payout ratio similar to MGE
- Lee and Man Paper Manufacturing has Payout ratio of 54.20%
- Jiangsu Expressway has Payout ratio of 54.21%
- Kforce has Payout ratio of 54.21%
- Sinopharm Co has Payout ratio of 54.29%
- FTAI Aviation Ltd has Payout ratio of 54.30%
- Big Lots Inc has Payout ratio of 54.30%
- MGE has Payout ratio of 54.31%
- Oil India has Payout ratio of 54.31%
- Spire has Payout ratio of 54.32%
- Sinopharm Co has Payout ratio of 54.39%
- Acadian Timber has Payout ratio of 54.39%
- Ridley has Payout ratio of 54.41%
- China Tower has Payout ratio of 54.42%