United States

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



FORM 8-K



CURRENT REPORT

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



August 17, 2018

Date of report (date of earliest event reported)




Commission

File No.

 

Name of Registrant, State of Incorporation, Address

of Principal Executive Offices, and Telephone No.

 

IRS Employer

Identification No.


000-49965

 


MGE Energy, Inc.

(a Wisconsin Corporation)

133 South Blair Street

Madison, Wisconsin 53703

(608) 252-7000

www.mgeenergy.com

 


39-2040501



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). Emerging growth company [ ]


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. [ ]




1




Item 8.01. Other Events.


On August 17, 2018, 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 $0.3375 per share, payable on September 15, 2018, to shareholders of record as of September 1, 2018. 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

(d)

Exhibit(s):


Exhibit No.

 

Description

99.1

 

Press release of MGE Energy, Inc., issued August 17, 2018.




2




SIGNATURES


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


 

MGE Energy, Inc.

 

(Registrant)

 

 

 

 

 

 

Date: August 17, 2018

/s/ Jeffrey C. Newman

 

Jeffrey C. Newman

Executive Vice President, Chief Financial Officer,

Secretary and Treasurer





3




MGE Energy, Inc.


Exhibit Index to Form 8-K

Dated August 17, 2018



Exhibit No.

 

Description

99.1

 

Press release of MGE Energy, Inc., issued August 17, 2018.





4





EXHIBIT 99.1

News



MGE Energy Increases Dividend for 43rd Consecutive Year


Madison, Wis., Aug. 17, 2018—The board of directors of MGE Energy, Inc. (Nasdaq: MGEE) today increased the regular quarterly dividend rate by nearly 5% to $0.3375 per share on the outstanding shares of the company's common stock. The dividend is payable Sept. 15, 2018, to shareholders of record Sept. 1, 2018. This raises the annual dividend rate by 6 cents from $1.29 per share to $1.35 per share.


"The dividend is an important part of our total return to our shareholders. The board's decision to increase our quarterly dividend reflects our commitment to delivering shareholder value and our confidence in our business strategy," said President and CEO Jeffrey Keebler.


MGE Energy has increased its dividend annually for the past 43 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 151,000 customers in Dane County, Wis., and purchases and distributes natural gas to 158,000 customers in seven south-central and western Wisconsin counties.


Contact


Steven Schultz

Corporate Communications Manager

608-252-7219 | sbschultz@mge.com




 





This regulatory filing also includes additional resources:
f20180817-8k.pdf
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